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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 [email protected] 

 

Romania’s National Bank appoints new head of supervisory department

The Supervision Department within Romania's National Bank (BNR), which oversees the local commercial banks, will have new management from October 1.

Adrian Cosmescu will take over as director of this department, a position previously held by Nicolae Cinteză, who retired on August 1.

Adrian Cosmescu has a career of over 20 years in banking supervision and has been Cinteza's deputy since 1999.

Nicolae Cătălin Davidescu will be the new deputy director. He has 17 years of experience in the department, and since 2016 he has been the head of the Monitoring Service, monitoring the application of international sanctions, preventing money laundering, and terrorist financing.

According to its statute, BNR is responsible for the prudential supervision of credit institutions to ensure the banking system's functioning and viability.

(Photo: LCVA/ Dreamstime)

[email protected]

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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 [email protected] 

 

Romania’s National Bank appoints new head of supervisory department

The Supervision Department within Romania's National Bank (BNR), which oversees the local commercial banks, will have new management from October 1.

Adrian Cosmescu will take over as director of this department, a position previously held by Nicolae Cinteză, who retired on August 1.

Adrian Cosmescu has a career of over 20 years in banking supervision and has been Cinteza's deputy since 1999.

Nicolae Cătălin Davidescu will be the new deputy director. He has 17 years of experience in the department, and since 2016 he has been the head of the Monitoring Service, monitoring the application of international sanctions, preventing money laundering, and terrorist financing.

According to its statute, BNR is responsible for the prudential supervision of credit institutions to ensure the banking system's functioning and viability.

(Photo: LCVA/ Dreamstime)

[email protected]

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