Radu Momanu, partner of Capital Invest, has been elected Vice-president of the Supervisory Board, per the Board’s decision released Thursday.
On April 28, 2021, Romania’s Financial Supervisory Authority (ASF) authorized the structure of SIF Transilvania’s Supervisory Board, respectively, Paul Prodan, president of BT Capital Partners, Patritiu Abrudan, regional director of Banca Transilvania, senator Nicoara Marius and Radu Momanu, partner within CapitalInvest, and Constantin Fratila, per a stock market report.
In June 2020, SIF Transilvania shareholders approved the reduction in the number of Supervisory Board members to five from seven.
SIF Transilvania has a market value of RON780 million and its shares have been trading up 4% since the beginning of 2021.