Madalina Teodorescu will succeed Radu Topliceanu who decided, at end-2022, to pursue a new professional challenge outside Romania.
The appointment of Madalina – Otilia Teodorescu is pending the prior approval of the National Bank of Romania.
The mandate will start running beginning with the third working day after the reception of the approval of the National Bank of Romania.
Madalina Teodorescu has 28 years of experience in the Romanian banking system. Throughout her career, Teodorescu has held various management positions across all relevant areas of retail business. Teodorescu last held the position of Vice-President of Retail, SMEs and Corporate within First Bank.
French-held BRD is the third largest bank in Romania by assets. It operates a 470-unit network and its total assets stood at RON69 billioni on September 30, 2022). BRD says it is one of retail market leaders, a top player on the corporate banking market and leader of the Romanian factoring market.