Both mandates have a four-year period.
Both appointments were approved by Romania’s central bank.
BRD has a market value of RON7.6 billion. Its shares have lost 36% since the beginning of 2022, amid deals worth RON721 million.
BRD had a net profit of almost RON617 million in the first half of 2022, down 2% on the year, despite an annual increase of almost 9% in revenue and lending activity.