Who we are

Erste Asset Management d.o.o. (Company) was established by the Deed of establishment on 20th of July 1998 and on 31st of July 1998. The Company was registered in the court register of the Commercial Court in Zagreb No. Tt-98 / 3592-2, MBS: 080244669. 19th of October 2000. The Commission for Securities of the Republic of Croatia (today the Croatian Financial Services Supervisory Agency) gives the Company permission to start business; Class: UP / I-450-08 / 00-01 / 118, Ur. Number: 567-02 / 00-2. Core capital of 5.000.000,00 HRK / 663.610,00 EUR paid in full.

Core business of the Company:

  • establishing and managing UCITS fund
  • establishment and management of an alternative investment fund
  • portfolio management
  • investment consulting


The only member and 100% shareholder of the company is Erste Asset Management GmbH Austria, Registry number: FN102018 b, Registry name: Vienna Commercial Court, OIB: 34714411509, Austria, Vienna, Habsburgergasse 2

Erste Asset Management GmbH co-ordinates and is responsible for all asset management activities in the Erste Group. EAM manages total assets over approx. 63 billion euros (data from December 2017) in Austria, Croatia, Czech Republic, Germany, Hungary, Romania, Slovakia. EAM provides services in the area of ​​asset management, whether in the form of investment funds or individual portfolios. In addition to its core business, it offers custom services such as reporting and other data services.

Management Board

Josip Glavaš


  • Retail and istitutional sales
  • Marketing, communication and PR
  • SEE Europe markets
  • Legal & compliance
  • Fund Management
  • Portfolio Management

Snježana Šalković Dasović


  • Accounting & Finance
  • Back Office
  • Risk management
  • IT

Supervisory Board

Heinz Bednar, Chairman of the Supervisory Board, was born in 1962. After graduating from the University of Vienna, direction of economics and financial journalism, he started his career at GiroCredit Bank Vienna in 1989 as a senior economist. He continued to acquire knowledge and experience at various leading positions at GiroCredit Research, Investment Bank Austria, Creditanstalt Group and HypoVereinsbank Group. In December 2001, Erste-Sparinvest KAG joined the team as director, and since March 2006 he became the president of the Management Board. Since 2008, he has also served as the chairman of the Management Board of Erste Asset Management where he is in charge of asset management of Erste Group. Mr. Bednar is in charge of investment, finance, communications and public relations, human resources, employees, as well as other activities in Central and Eastern Europe. At the same time he is Chairman of the Supervisory Boards: ISCS Investor Spolecnost Czech Sporitelny (Prague), Sparkassen Versicherung Aktiengelsellschaft, ERSTE Immobilien KAG, Ringturm KAG (Vienna), SAI Erste Asset Management SA (Romania), Erste Fund Management Zrt (Budapest) and Erste Asset Management d.o.o. (Croatia). He is also president of the Association of Austrian Investment Companies (VÖIG) since 2007.

Adrianus Josephus Antonius Janmaat, Member of the Supervisory Board, born in 1964. After graduating from the University of Amsterdam (doctoral thesis on contemporary history), he continues to acquire knowledge at the Diplomacy Academy in Vienna and becomes a Master of International Economics and Finance. He immediately started banking career in Barings Bank as Head of the Department of the Economy, then as Head of Large and Institutional Clients at Deutsche Bank AG and in 2001 he joined Erste Bank AG as the leader of the Group's strategic development team. He has participated in numerous professional seminars and projects, and in 2008 becomes Executive Director of Erste Asset Management in Vienna, and member of Erste Asset Management's Management Board in Hungary, Romania, Slovakia and the Czech Republic. In 2014 he is a member of the Supervisory Board of Erste Asset Management in Croatia.

Ivica Smiljan, Member of the Supervisory Board, born in 1955. After completing the Faculty of Economics in Zagreb, he started his career at the Financial Agency (formerly SDK) as an assistant, financial inspector and then as an advisor on financial sector control. Later in the Financial Police is Head of the financial institution department. From 1994 to 1996 he has been Assistant to Minister of Finance in the banking sector, insurance, foreign exchange system and payment transactions. From 1996 to 2001 he was Head of Securities Commission (today: HANFA). Since 2001, he has been a Director of sales and auditing of Deloitte Croatia, and since 2008 he has been the managing Director and partner of Grant Thorton Croatia. Since 2013, he is the Director and owner of the auditing firm Venia Audit d.o.o. He is currently Head of the Croatian Board for International Accounting Standards, a member of the Croatian Chamber of Auditors and a Croatian representative to the EU Accounting Regulatory Board in Brussels. Since October 2016 he has been member of the Supervisory Board of Erste Asset Management in Croatia.

Our business scope includes the following products and services:

  • management of money market funds
  • management of fixed income funds
  • management of equity funds
  • management of balanced funds
  • portfolio management services and investment consulting
  • specific investment solutions



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Core competencies