Ursaciuc, who served as head of BCR’s internal audit division, will replace Christian Bruckner in the position after the latter was promoted to chief financial officer and executive member of Erste Group IT International.

Ursaciuc’ appointment is subject to regulatory approvals.

BCR has switched to a loss of 546.4 million lei (EUR121 million) in the first half from profit a year earlier, hit by higher provisions and a weak loan demand.

Subiecte #BCR#MANAGEMENT