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Four Large Insurers Replaced CEOs This Year
Banks-Insurance

Four Large Insurers Replaced CEOs This Year

On an insurance market that is unable to recover from the crisis, having dropped 7% in the first half, four large companies have replaced their chiefs this year while others have made change...

Loredana Frățilă-Cristescu · 18.09.2014 · 00:00 · 2 min
Mariana Diaconescu Leaves Asirom Following EUR54m Loss
Banks-Insurance

Mariana Diaconescu Leaves Asirom Following EUR54m Loss

Austrian insurer Vienna Insurance Group (VIG), the majority owner of Asirom, has decided to replace Mariana Diaconescu as chairperson of the managing board after three years on the job. The...

Loredana Frățilă-Cristescu · 27.06.2014 · 00:00 · 1 min
Private Sector Manager Blames Politicians For Recent Management Changes At Several State Companies
Companies

Private Sector Manager Blames Politicians For Recent Management Changes At Several State Companies

Something that should have helped state-owned companies achieve efficiency, the ‘Private sector CEO for state-run companies” project, turned out to be just an instrument for political interf...

Loredana Frățilă-Cristescu · 03.06.2014 · 07:36 · 3 min
CEC Bank Head Says Finance Ministry Will Decide His Future
Banks-Insurance

CEC Bank Head Says Finance Ministry Will Decide His Future

Romanian CEC Bank’s chief executive Radu Ghetea on Tuesday declined to comment about his possible replacement and said his future is in the hands of the Finance Ministry, the sole shareholde...

Florentina Dragu · 06.05.2014 · 15:11 · 1 min
Erste Reshuffles BCR Management: Tomas Spurny Named CEO
Banks-Insurance

Erste Reshuffles BCR Management: Tomas Spurny Named CEO

Romania’s top lender Banca Comerciala Romana (BCR), a unit of Austrian Erste Group Bank (EBS.RO), has appointed Tomas Spurny as its new chief executive officer, the bank said in a statement...

Florentina Dragu · 27.01.2012 · 13:39 · 1 min
Banks-Insurance

Erste To Name Tomas Spurny As New CEO Of BCR - Sources

Tomas Spurny, Chief Executive Officer of Hungary’s CIB Bank and former head of the PPF investment fund, will replace Dominic Bruynseels as president of Romanian lender BCR, a unit of Austria...

Florentina Dragu · 17.01.2012 · 20:36 · 1 min