MANAGEMENT
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BVB Extends Valentin Ionescu Mandate As General Manager
The managing board of Bucharest bourse operator BVB (BVB.RO) Thursday decided to extend the mandate of Valentin Ionescu as general manager by another six months, people close to the matter t...
Stamatian, CEC Bank: I’ve Had The Second Chance To Join The Bank’s Management
Andrei Stamatian, recently appointed as a first vice-president with state-owned lender CEC Bank, says a lot has changed for the better since 2005, when he prepared Austria’s Raiffeisen bid f...
Can Private Managers Turn State-Owned Companies Around?
There are private-sector managers that would be willing to start even tomorrow as chief executives of large state-controlled companies, if they were paid the same salary as in a multinationa...
UNIQA Names New Presidents At Its Romanian Subsidiaries
Austrian insurance group UNIQA named Florin Golovatic and Remus Lapusan at the helm of its Romanian subsidiaries, UNIQA Asigurari and UNIQA Asigurari de Viata, respectively, the company anno...
Franks: Romania To Put 15 Companies Under Private Management
Romania and the International Monetary Fund have agreed on a list of 15 state-owned companies which will be run by private managers, IMF mission head Jeffrey Franks said Monday.
Seven BCR Managers Received Over EUR4M Pay For Last Year
BCR, the largest bank on the Romanian market, last year paid gross salaries worth a total of EUR1.7 million to a group of seven people in the management team and to people with exceptional c...
CEC Spent EUR6.8m On Management Salaries In 2010
State-owned CEC Bank spent 28.8 million lei (EUR6.8 million) on management salaries last year, an increase of 36.5% on 2009.
Intesa Sanpaolo Bank Romania Appoints New CEO
Intesa Sanpaolo Bank Romania on Wednesday said it has appointed Ezio Salvai as chief executive officer, replacing Nicola Calabro who was transferred to another bank within the group.
ING Investment Management Romania Appoints New GM
ING Investment Management Romania on Tuesday said it has appointed Adrian Tanase as general manager, starting July 1.