Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB
 

Banca Transilvania’s CEO elected in Fondul Proprietatea’s Board of Nominee

Ömer Tetik, the CEO of Banca Transilvania (TLV), Romania's biggest lender by assets, was voted in the General Shareholders Meeting as a member in Fondul Proprietatea's Board of Nominees.

The position became vacant following the expiration of Piotr Rymaszewski's term. Rymaszewski represented the US hedge fund Elliott in Fondul Proprietatea's Board of Nominees, but Elliott has sold most of its holdings in the Romanian fund.

Nicholas Paris, a hedge fund manager from London, was also voted for another position in the Board previously held by Julian Healy, who represented the British investment fund City of London. Both Rymaszewski and Healy had been elected to Fondul Proprietatea's Board in 2012.

Local pension fund NN Pensii, now one of the Fondul Proprietatea's biggest shareholders, proposed Omer Tetik for a position in the Fondul Proprietatea's Board of Nominees while Nicholas Paris was nominated by AVI Global Trust PLC.

Fondul Proprietatea is managed by an alternative investment fund manager, Franklin Templeton, under the supervision of a Board of Nominees, made of 5 members.

The other three members of the Board are former US Ambassador Mark H. Gitenstein, Ilinca von Derenthall, and Ciprian Ladunca. Fondul Proprietatea, which is listed on the Bucharest Stock Exchange and London Stock Exchange, manages total assets worth over EUR 2 bln.

(Photo courtesy of Banca Transilvania)

andrei@romania-insider.com

Normal
Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB
 

Banca Transilvania’s CEO elected in Fondul Proprietatea’s Board of Nominee

Ömer Tetik, the CEO of Banca Transilvania (TLV), Romania's biggest lender by assets, was voted in the General Shareholders Meeting as a member in Fondul Proprietatea's Board of Nominees.

The position became vacant following the expiration of Piotr Rymaszewski's term. Rymaszewski represented the US hedge fund Elliott in Fondul Proprietatea's Board of Nominees, but Elliott has sold most of its holdings in the Romanian fund.

Nicholas Paris, a hedge fund manager from London, was also voted for another position in the Board previously held by Julian Healy, who represented the British investment fund City of London. Both Rymaszewski and Healy had been elected to Fondul Proprietatea's Board in 2012.

Local pension fund NN Pensii, now one of the Fondul Proprietatea's biggest shareholders, proposed Omer Tetik for a position in the Fondul Proprietatea's Board of Nominees while Nicholas Paris was nominated by AVI Global Trust PLC.

Fondul Proprietatea is managed by an alternative investment fund manager, Franklin Templeton, under the supervision of a Board of Nominees, made of 5 members.

The other three members of the Board are former US Ambassador Mark H. Gitenstein, Ilinca von Derenthall, and Ciprian Ladunca. Fondul Proprietatea, which is listed on the Bucharest Stock Exchange and London Stock Exchange, manages total assets worth over EUR 2 bln.

(Photo courtesy of Banca Transilvania)

andrei@romania-insider.com

Normal
 

Romania Insider Free Newsletters