Petria and Toader’s old mandates expire on November 14. Ionut Patrahau, former general manager of Romanian private healthcare services provider Regina Maria, is the new member of the bank’s Supervisory Board, which has five seats.

The two other members are Ioan Trenca and Silviu Popa.

Banca Comerciala Carpatica registered net profit of 16.1 million lei (EUR3.6 million) in the first half of 2013, up 74.6% on the year. Its assets fell 23.7% compared with the end of 2012, to RON3.6 billion.

Businessman Ilie Carabulea indirectly owns about 46% of the bank. One of his business partners, Corneliu Tanase, holds 11.21% of the lender’s share capital. (EUR1=RON4.456)