Ceocea Costel, Ciorcila Horia, Doros Liviu-Claudiu, Iancu Catalin-Jianu-Dan and Radu Octavian Claudiu were elected members of SIF Moldova Board. Ciorcila Horia is also Chairman of the Board of Directors of Banca Transilvania, the largest lender in Romania.
Liviu Claudiu Doros remains the Fund’s Chief Executive Officer and also takes over the position of Chairman of SIF Moldova Board. Iancu Catalin-Jianu-Dan was elected Deputy Chairman & Deputy CEO.
Costel Ceocea held the position of Chairman of SIF Moldova Board until the General Meeting of Shareholders of January 28, within which Ceocea was elected member of the Board.
The exercise of duties related to the position of director is done only after obtaining the approval decision issued by the Financial Supervisory Authority.
“For the mandate of 2021-2025, it is approved the functioning of three advisory committees of the Board of Directors, namely: the Audit Committee, the Nomination Remuneration Committee and the Investment Committee, which is a newly established committee; Each committee is composed of 3 non-executive Board members, namely: Ceocea Costel, Ciorcila Horia and Radu Octavian Claudiu, having the following management: President of the Audit Committee – Radu Octavian Claudiu; President of the Nomination-Remuneration Committee – Ceocea Costel; President of the Investment Committee – Ciorcila Horia,” per a stock market announcement.
SIF2 shares have been trading up 3.2% since the beginning of 2021, per stock market data.
SIF Moldova is changing its name to Evergent Investment.