Razvan Vasile Prodea is a member of Patria Bank’s Board of Directors. In his new position, he will coordinate the risk management functions and the conformity function.
Prodea’s appointment is pending approval from Romania’s central bank.
Patria Bank, held by investment fund Emerging Europe Accession Fund (EEAF), had a profit of RON10.1 million in the first half of 2022, up 67% on the year, due to a favorable evolution of the operating revenues related to interest and commission income (the core activity of the Bank), but also due to a good quality of the loan portfolio reflected in the level of financial assets impairment adjustments, the Bank said in its half-year financial report.