In 2014, Dan Sandu was on the unofficial list for the position of CEC Bank’s president, should Radu Ghetea give up his position before the end of his mandate. As talks on this issue were pending, Sandu chose to accept the vice-president position at Volksbank.
Meanwhile, Volksbank was bought by Banca Transilvania, and Dan Sandu exited the management structure.
A month ago, Ministry of Finance, the only stockholder of CEC Bank, proposed a new executive management for the bank. Thus, it nominated Enache Jiru as president-general manager, Lucian Anghel as first vice-president as well as other three vice-presidents.
Lucian Anghel refused the position of first vice-president with CEC Bank and agreed to remain at Erste Group and Banca Comerciala Romana.
Dan Sandu started his career in the 90s, working at the minister of the central bank’s governor Mugur Isarescu. He also worked at the local units of US’ Citi Bank, Millennium Bank, Romextera, and Volksbank.
(English version by Manuela Panescu)