Manea’s resume includes collaboration with heavy names such as Citibank, ING, Bank Austria Creditanstalt and ABN Amro. Over the past year and a half, Manea had left the banking system and was managing partner within an independent Austrian asset management firm, Ithuba Capital. He was established in Vienna along with his family.

There, he was recruited by Erste, majority shareholder in BCR.

In his 15 years of banking experience, Manea was mainly active on the financial markets segment, specializing in currency and interest risk management.

Manea’s recruitment could signal BCR’s intention to strengthen its position in the competition against other foreign banks in Romania, which have a better shaped position in investment banking.