“To clarify things, CEC is shifting to a dual management structure and the central bank’s surveillance division is waiting for the full list,” Isarescu told a news conference.
Asked whether he believes Radu Ghetea should be replaced from his position as president of CEC Bank before the end of his term, Isarescu said Ghetea will be promoted as chairman of the board and not replaced.
Earlier Tuesday, Ghetea declined to comment about his possible replacement, saying a decision in the matter depends on the Finance Ministry, which is the sole shareholder of CEC Bank.
Romanian Prime Minister Victor Ponta said recently that the finance ministry had nominated state secretary Enache Jiru to replace Ghetea at CEC’s helm, pending authorization from the central bank.
Rumors about Ghetea’s replacement first surfaced in late 2013, following a political scandal regarding a credit line CEC Bank had extended to Ioana Basescu, the elder daughter of Romanian President Traian Basescu.
In February, Ponta served a brief stint as interim finance minister and announced that Ghetea’s dismissal was imminent.