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Bucharest
February 26, 2021
BUSINESS

Radu Ghetea, re-elected ARB President

Radu Ghetea was re-elected for a forth term as President of the Romanian banks Association (ARB) yesterday, according to Mediafax. Ghetea is also the President of CEC Bank.

ARB First Vice-President is now BRD-Groupe Societe Generale deputy CEO Petre Bunescu and Raiffeisen Bank President Steven van Groningen has been re-elected Vice-President.

The heads of commercial banks in Romania convened for the general meeting of the Romanian Banks Association yesterday to elect three members of the Board of Directors of the Association whose terms had expired, as well as the president and prime-vice-president.

BCR Deputy CEO Oana Petrescu was elected as ‘Vice-President of ARB, replacing Petre Bunescu.

The bankers also decided to change the organisational structure of the Romanian Banks Association (ARB) by setting up an executive management to take over the tasks of the current Board.

Ghetea explained it would be so much better for a corps of executives to be able express bankers’ common views without generation tensions or competing interests. The resulting draft organisational chart will be debated by bankers and submitted to the ARB General Assembly for adoption.

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