Management Structure

Year of birth: 1979

Nationality: Romanian

Education:

• EU’s Markets in Financial Instruments Directive – MiFID program, OMX – Nordic Exchange
• Financial Derivatives Training, Wiener Borse & CAPMEX
• Investments and Operations of US Derivatives Markets program, Georgetown University
• Nis/Cee Disclosure and Corporate Governance Conference, SEC & UNSAID
• Capital Market Role in Emerging Markets Economic Development program, Thessaloniki Stock Exchange Center
• Degree in Law

Professional experience:

• 2016 – present: Vicepresident of the Board of Governors, Bucharest Stock Exchange S.A.
• 2019 – present: Vicepresident of the Board of Directors, Depozitarul Central S.A.
• 2022 – present: Member of the Board of Directors, Transporturi Auto Giulesti S.A.
• 2022 – present: Member of the Council of Representatives of the Shareholders Company, Societatea de Investitii Financiare Muntenia S.A.
• 2011 – present: Legal Advisor, Swiss Capital
• 2016 – 2017: Member of the Supervisory Board, SPEEH Hidroelectrica
• 2012 – 2016: Secretary General of the Board of Governors, Bucharest Stock Exchange S.A.
• 2008 – 2011: Legal Advisor, Central Depository S.A.
• 2002 – 2008: Legal Advisor, Bucharest Stock Exchange S.A.

Other professional commitments: -

Other positions in the BVB Special Commissions/ Advisory Committees:

Member, Nomination Committee

Relationship with BVB shareholders owning more than 5%: -

Year of birth: 1968

Nationality: Romanian

Education:

• PhD. student in Commercial Law, Law Faculty, University of Bucharest
• Master’s in business law, Law Faculty, University of Bucharest
• Member of the advisory working group of the Investor Protection and Intermediaries Standing Committee, ESMA
• Capital Markets Specialist, BVB in collaboration with University of Wisconsin (USA)
• Degree in Economics, Academy of Economic Studies, Bucharest

Professional Experience:

• 2020-present: Vicepresident of the Board of Governors, Bucharest Stock Exchange
• 2006-present: President, Brokers Association
• 1997-present: President & CEO, SSIF Finaco Securities
• 2016-2020: Member of the Board of Governors, Bucharest Stock Exchange
• 2017-2018: interim Member of Supervisory Board, SIF Transilvania
• 2012-2016: Vicepresident of the Board of Governors, Bucharest Stock Exchange
• 2006-2010: Vicepresident of the Board of Governors, Bucharest Stock Exchange
• 2001-present: Corporate governance experience as non-executive member in various Boards

Other professional commitments: -

Other positions in the BVB Special Commissions/ Advisory Committees:

Member, Remuneration Committee

Relationship with BVB shareholders owning more than 5%: -

Year of birth: 1967

Nationality: Romanian

Education:

• Trainings and certifications in capital markets, custody & registry, management: INSEAD, Societe Generale, IBR, The Oxford Group
• Bachelor’s degree in Banks and Stock Exchanges, Academy of Economic Studies, Bucharest
• Bachelor’s degree in Calculus and Automatization Equipment, University Politehnica of Bucharest

Professional experience:

• 2017-present: Secretary General of the Board of Governors, Bucharest Stock Exchange
• 2019-present: Secretary General of the Board of Directors, Depozitarul Central
• 2008-present: Director of Securities Division, BRD-Groupe Societe Generale
• 2005-2008: Deputy Director of Securities Division, BRD-Groupe Societe Generale
• 2000-2005: Head of Market Operations Division, BRD-Groupe Societe Generale
• 1997-2000: Analyst, Privatization Department, BRD-Groupe Societe Generale
• 1994-1997: Analyst, Strategy Division, BRD
• 1991-1994: Evaluation Inspector, Division for Expertise, Evaluation and Consulting, BRD

Other professional commitments: member of the Board of Directors, Romanian Pension Funds Association

Other positions in the BVB Special Commissions/ Advisory Committees: 

Chairperson, Remuneration Committee

Relationship with BVB shareholders owning more than 5%: -

Year of birth: 1974

Nationality: Romanian

Education:

• Executive MBA – ASEBUSS / Kennesaw State University Atlanta
• Bachelor’s Degree in Finance, Academy of Economic Studies, Bucharest

Professional experience:

• 2022 – present: CEO and Member of the Board of Directors, Investimental S.A.
• 2020 – present: Member of the Board of Governors, Bucharest Stock Exchange
• 2001 – 2021: President/CEO, Tradeville
• 2010 – 2021: Board member, Libra Internet Bank
• 2000 – 2001: Development Manager, SSIF Vanguard
• 1998 – 1999: Relationship Manager, SSIF Vanguard
• 1997 – 1998: Financial analyst, SSIF Vanguard

Other professional commitments: -

Other positions in the BVB Special Commissions/ Advisory Committees: 

Vice Chairperson, Appeal Commission

Chairperson, Nomination Committee

Relationship with BVB shareholders owning more than 5%: -

Year of birth: 1966

Nationality: Romanian

Education:

• Degree in Economics, University "Aurel Vlaicu", Arad
• Degree in Mechanical Engineering, Polytechnic Institute "Traian Vuia", Timisoara

Professional experience:

• 2009-present: Member of the Board of Governors, Bucharest Stock Exchange
• 2012-present: CEO & President of the Board of Directors, SSIF IFB Finwest SA, Arad
• 2006-2008: Member of the Board of Directors, Bursa Monetar Financiara si de Marfuri Sibiu
• 2004-2012: Deputy CEO, SSIF IFB Finwest SA, Arad
• 1999-2004: CEO, SSIF IFB Finwest SA, Arad
• 1997-1999: CEO, COMTEX SA, Arad
• 1994-1997: Reviewer / Chief of Feasibility Studies Unit - New Investments Compartment, Financing Department FPP I Banat Crisana
• 1991-1994: Process engineer/ Design engineer/ Engineer, Marketing Department, ARIS SA, Arad
• 1990-1991: Engineer, Process Design Unit, SEVAM SA, Drobeta Tr. Severin

Other professional commitments: -

Other positions in the BVB Special Commissions/ Advisory Committees:

Chairman, Listing Commission

Member, Audit Committee

Relationship with BVB shareholders owning more than 5%: -

Year of birth: 1965

Nationality: Romanian

Education:

• MBA, University of Quebec in Montreal (UQAM) - first generation of the Canadian MBA Program (full time), cooperation between UQAM, McGill University and Bucharest Academy of Economic Studies.
• Civil engineer. Installations for Constructions Faculty, Technical University of Bucharest (former Institute for Constructions).
• National College “Mircea cel Batran” Constanta.

Professional experience:

• 2020 – present: Member of the Board of Governors, Bucharest Stock Exchange
• 2022 – present: Member of the Board of Directors, Central Depository
• 2021 - present: Non executive member, Board of S.E. Electrica S.A., member of Audit and Risk Committee
• 2008 – 2019: Chief Executive Officer, Erste Asset Management
• 2007 – 2008: Chief Executive Officer, BCR Asset Management
• 2006 – 2007: Director, Financial Services, Deloitte Consultanta
• 2005 – 2005: State secretary minister, Public Debt Management and State Treasury, Ministry of Public Finance
• 2005 – 2006: Non-executive member of the Board, CEC Bank
• 2001 – 2005: Non-executive member of Bucharest Stock Exchange Committee, Non-executive member of the first Board of Governors, Bucharest Stock Exchange
• 1998 – 2005: Chief Executive Officer, Raiffeisen Capital & Investment
• 1996 – 1998: General Manager, Bucharest Clearing House (former SNCDD)

Other professional commitments:

• 2021 – present: Founding Member and Vice-President, ”O Tara Ca Afara” Association
• 2020 – present: Chief Executive Officer, GS1 Romania
• 2017 – present: Member of the Board, Romanian Business Leaders Foundation
• 2018 – present: Non-executive member of the Board, FINS IFN S.A.
• 2013 – 2016: Member of the Board of Directors, European Asset and Fund Management Association
• 2011 – 2015: President of the Board of Directors, Fund Managers Association in Romania
• 2008 – 2011: Vice-president of the Board of Directors, Fund Managers Association in Romania

Other positions in the BVB Special Commissions/ Advisory Committees: 

Chairman, Appeal Commission

Member, Audit Committee

Relationship with BVB shareholders owning more than 5%: -

Ștefan Szitas, Member, independent

Year of birth: 1954

Nationality: Romanian

Education:

• Course - Derivatives Market, BRM Business Consulting, Bucharest
• Certificate - Financial Auditor – Capital Markets, Financial Development Center – Millenium (Romania)
• Course - Investments Consultant, Financial Development Center – Millenium (Romania)
• Course - IAS Financial Analyst, Romanian Financial Institute
• Certificate - Financial Auditor, Romanian Auditors’ Chamber
• Course - International Investments and Capital Market Analyst, U.S.A.I.D. / Booz Allen & Hamilton, Bucharest
• Certificate - Accounting Expert, CECCAR (Romania)
• Bachelor’s Degree, Academy of Economic Studies, Bucharest - Specialization Industry, Construction and Transportation Management

Professional experience:

• 2022 – present: Member of the Board of Directors, Fermit S.A.
• 2020 – present: Member of the Board of Governors, Bucharest Stock Exchange
• 2017 – 2020: Board Member / Managing Director, S.I.F. Transilvania S.A.
• 2015 – 2020: President of Virola S.A.
• 2006 – 2021: Board Member/ President in several portfolio companies of S.I.F. Transilvania S.A.
• 1993 – 2017: Head of Investments – Marketing - Capital Markets Division, S.I.F. Transilvania S.A.
• 1992 – 1993: Special Inspector, Public Financial Supervision Authority, Brasov
• 1990 – 1992: Deputy Director, CEC (Romanian Savings Bank), Brasov Branch
• 1980 – 1990: Economist / Head of Financial Department, Industrial Headquarters of Tractors, Vehicles and Agricultural Machines, Brasov

Other professional commitments: -  

Other positions in the BVB Special Commissions/ Advisory Committees: 

Chairman, Audit Committee

Relationship with BVB shareholders owning more than 5%: N/A