Manea served as vice-president of RBS Bank Romania and MKB Romexterra Bank.

In April, businessman Ilie Carabulea resigned from the position of chairman of the bank’s supervisory board after he was sentenced to one and a half years in prison in a corruption case. Nicolae Petria took over the position of chairman of the supervisory board, while a position of member in the board remained vacant.

Carabulea was released six months later after a court overruled prosecutors’ appeal against the decision to release him on parole.

Carpatica registered net profit of 12 million lei (EUR2.7 million) in the first nine months of the year, and its assets increased 11.24% to RON4.305 billion.

The bank has a share capital of RON314.6 million, split into 3.146 billion shares with a face value of RON0.1. It is controlled by Carabulea, who owns 46% of the shares.

On the Bucharest bourse Monday, Carpatica closed up 2.63%, at RON0.039 a share. (EUR1=RON4.4672)