The appointing is pending the necessary approvals from the National Bank of Romania, the bank said in a statement on Monday.
Between 2005 and 2008, Philippos Karamanolis was vice president of Bancpost, and since then, he has been President of the Executive Board of Eurobank in Serbia.
Bancpost, owned by Greece’s Eurobank, ranked tenth on the Romanian market by assets in 2014, with a market share of 3.1%. In 2015, the lender switched to profit.