The board nominated Philippe Heim as interim member of the Board Directors on the vacant position until the first ordinary general shareholders meeting is held.

Heim’s appointment is subject to approval by the National Bank of Romania and will become effective as of the date central bank approval is granted.

BRD-SocGen, the third largest bank in Romania by assets, posted a record net profit of RON1.38 billion in 2017, nearly double compared with 2016.