“Following the authorization received from the Romanian central bank, Mr. Lhotte has taken over his new attributions as chief executive officer of BRD,” the bank said in a statement.
Lhotte, 51, was appointed head of BRD at a shareholder meeting in September, pending approval from the central bank.
Previously, Lhotte served as CEO of Societe Generale’s subsidiary in Bulgaria.
BRD is 60.16% owned by French group Societe Generale.