End-February 2023, the Board of Directors of First Bank appointed Filcescu to the position of Vice-President tasked with coordinating the lender’s all business activities.
Filcescu succeeded Madalina Teodorescu who was recruited by BRD for the position of Deputy CEO Retail.
Filcescu has 23-year experience in the financial-banking sector and four years of experience with First Bank where he previously held the position of Vice-President tasked with coordinating the segments of Credit Underwriting, Collection & WorkOut and Operations.
First Bank ranks 15th among the top lenders in Romania by assets, with assets worth RON7.7 billion in 2022, up 11% year-over-year, and has a market share of 1.1%, in line with official data provided by the central bank.