“Mr. Florin Georgescu returns to the Central Bank,” Isarescu told a news conference held with Premier Victor Ponta.
Isarescu thus answered a question of journalists on whether Ponta will propose Florin Georgescu for the position of Finance minister.
In May, Georgescu resigned from the position of BNR prime-vice-governor for that of Finance minister in the Ruling alliance USL’s Government. Ponta showed then Georgescu will return to the central bank in December.
Romania’s government plans to dismantle a series of regulatory authorities in the financial sector and set up a single decision-making institution, called the Financial Supervisory Authority.
ASF will be established as an autonomous managerial authority that will take over, by March 2013, all the attributions and prerogatives of the existing securities commission CNVM, the insurance supervisory commission CSA and the private pension supervisory commission CSSPP.
Georgescu’s name was rumored in the media as a possible president of this new authority.