KOSOVO - The €200m Kosovan Savings Pension Trust (KSPT) is looking for a new head following the decision by Arieta Koshutova to step down.

Koshutova was the inaugural managing director of the Trust when it began four years ago from scratch. KSPT now has 215,000 members.

Possible candidates will be interviewed in early February with a view to an appointment by the end of the first quarter of this year, according to Neil McPherson, KPST's chairman.

Vërshim Hatipi, the Trust's deputy director and head of IT and accounting, will assume the role of acting director in the interim period.

The board paid tribute to Koshutova for her work running a "modern pension system for all Kosovar workers."