Catel has been the head of the Reunion branch of Banque Populaire Caisse D`Epargne (BPCE) for the past ten years and has over 20 years’ experience in the banking sector.
Catel will run the Board of Directors of Volksbank Romania, which includes vice-presidents Lucian Cojocaru, Alexander Tscherteu and Sorin Serban.
Founded in 2000, Volksbank Romania was transferred last year to a special vehicle majority-owned by Austrian Volksbank, after the latter sold its eastern European arm to Russia’s Sberbank.