Franklin will remain member of the board and of the audit and remuneration committees.
The changes were approved by the bank’s managing board Thursday, reads the press release.
Luminita Runcan was appointed deputy general manager and Teo Birle was named Treasury manager with the lender. Their appointment has yet to be approved by the central bank.
In January, Robert Rekkers resigned from the positions of general manager and board member and was replaced by Franklin in an interim capacity.
Banca Transilvania registered net profit of 265.43 million lei (about EUR60 million) in the first nine months of 2012, up 30% on the year. Its assets increased 12% compared with December 2011, to RON29 billion.
Banca Transilvania shareholders include the European Bank for Reconstruction and Development (EBRD), with 14.6% of the shares, Bank of Cyprus (9.9%), regional investment fund SIF Moldova (SIF2.RO), Horia Ciorcila and the International Finance Corporation, the private lending arm of the World Bank. (EUR1=RON4.4762)