On Wednesday, Cristian Sima was dismissed as general manager and Board chairman of Sibex. He was replaced by Paul Gabriel Miclaus, who will serve as chairman of the Board of Directors, while Sibex deputy manager Ovidiu Petru has been appointed general manager.
Sime could not be contacted since last Monday, while rumors on the capital market say he allegedly ran with the money of one of his companies’ clients. He should have been present at Sibex during this period to take part in the periodical checkup performed by CNVM, which started October 1.
The current members of the Managing Board are Miclaus (chairman), SIF Transilvania (SIF3.RO) representative Dan Simionescu (deputy chairman), lawyer Gabriel Biris and broker Iancu Stavrositu (the latter two are interim members). One position is vacant.
Gabriel Filimon, representative of regional investment fund SIF Muntenia (SIF4.RO), and Alexandru Gaitan resigned from the Board on 18 September and October 1, respectively.