Babici has been deputy CEO since May 2026 and takes over the CEO position once Ioan Nani has stepped down.
He will serve as interim CEO for five months, until the selection process is finished. The process was started in line with the Government Emergency Ordinance 109/2011 on corporate governance of public enterprises. The selected chief executive officer will serve a term ending on April 15, 2029.
Babici has more than 25 years of experience in the banking sector. He worked for Raiffeisen Bank between 2010 and 2016 and his last position there was regional retail director. Before that, he had worked for Banca Transilvania (2004-2010) and BCR (2001-2004).
As of November 14, Mihaela Nitu becomes interim chief financial officer, replacing Paula Luminita Coman, who has retired after 15 years in this position. Nitu has been with the company for 11 years.
(English version by Loredana Fratila-Cristescu)