Christian Brandstetter’s name does not appear on management section of the company’s website.

Early May, Romania’s financial regulator ASF approved Brandstetter as president of Asirom’s Board of Directors.

Austria’s group Vienna Insurance Group, majority stockholder with Asirom, had brought Brandstetter to Bucharest since 2014 but ASF authorization took longer than expected. Brandstetter was also president of Unita (current Uniqa Asigurari) Administration Council.

According to ZF data, Slovakian Juraj Lelkes, 64, is the new proposal for Asirom management. Lelkes is currently the president of the company’s Administration Council and advisor with VIG’s Administration Council on the development of the group’s operations in Romania and Slovakia.

Asirom underwrote gross premiums of 576 million lei (EUR130 million) in 2014 and posted losses of RON29 million. It ranks 5th on the insurance market and operates both on the life insurance and general insurance policies sector.

(English version by Manuela Panescu)