Gitenstein has been nominated by investment fund Emerging Markets Country Fund. Mindrutescu seeks a new mandate with the committee. His current mandate expires on September 29.
Sherholders will meet on April 25/26 to elect the new members.
Gitenstein’s mandate as ambassador to Bucharest ended in December 2012.
The Representatives Committee supervises the activity of the fund’s administrator, U.S. company Franklin Templeton.
Its three other members represent Proprietatea’s largest shareholders. Elliottt Associates is represented by Steven van Groningen and Piotr Rymaszewski. City of London, the second largest Proprietatea shareholder, is represented by Julian Rupert Francis Healy.
On the Bucharest stock market Wednesday, Fondul Proprietatea closed up 0.55%, at 0.64 lei (EUR0.14) a share. (EUR1=RON4.4228)