Apostol will be replacing Bogdan Oslobeanu who asked the company to conclude his mandate in order to follow other career opportunities, as of January 31, 2020.
Apostol’s mandate has an initial period of six months, with the possibility of permanent appointment, the statement reads.
Apostol is one of the owners of brokerage firm Swiss Capital.
“On 29.01.2020, Impact’s Board of Directors resolved to appoint Mr. Apostol Sorin as General Manager of the Company, for 6 (six) months, starting 01.02.2020, with the possibility of permanent appointment. He will replace Mr. Bogdan Ionut Oslobeanu, who asked the Company to conclude his mandate in order to follow other career opportunities, as of 31.01.2020”, Impact said in its stock market announcement.
The company, with a market value of RON408 million, is 56.8% owned by businessman Gheorghe Iaciu, 15.4% by Adrian Andrici and the remainder 27.7% is distributed among stock market investors.