Healy was appointed to the position on Tuesday, filling a spot left vacant by Bogdan Dragoi, who is now Romania’s Finance Minister.

Another decision made Tuesday was to appoint Sorin Mindrutescu, Oracle Romania CEO, as president of the Board of Nominees.

“During 2006 – 2009, (Healy) has worked for the European Bank for Reconstruction and Development. Prior to that, he held various positions (including management) for JP Morgan Management (Jersey) Limited, JP Morgan Fleming Investment Management Limited, Fleming Investment Management Limited, as well as for Morgan Grenfell & Co. Limited and Ernst & Young,” Fondul Proprietatea said in a memo posted on Bucharest bourse’s website.

Right now, Healy is an independent non-executive board director and member of the Institute of Chartered Accountants in England and Wales.

City of London Investment Management is the second-largest Fondul Proprietatea shareholder, with a 7.01% stake at the end of January.

Thursday in Bucharest, Proprietatea shares were down 0.7%.

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