Maymat, who served as CEO of Societe Generale in Cameroon, will replace Guy Poupet, following the latter’s resignation.
In a call to its shareholders earlier Thursday, BRD proposed Maymat for the position of board member at the bank.
Maymat will be appointed for a 4-year term as of May, pending approval from the central bank and a shareholder vote at a meeting due April 26.
“The Board will propose its shareholders the appointment of Alexandre Maymat as member of the board, starting with May 12 2012. Maymat will also take over the position of chief executive officer of the bank,” BRD said.
BRD’s shareholders are also set to vote the 2011 dividend proposed by the bank. BRD plans to pay out a gross dividend of 0.1669 lei (EUR0.038) a share, down 7% on the year.
The bank reported a net profit of RON465.2 million (roughly EUR110 million) in 2011, down from RON500.5 million a year earlier.
BRD is 59% owned by French group Societe Generale.
BRD closed down 2.75% at RON10.6 a share in Bucharest. (EUR1=RON4.3718)