New general director for BRD Pensii Private

Rozaura Stanescu is the new general director at BRD Pensii Private. She succeeds Fabien Lecoq, who was appointed to this position in 2009, according to information from the Private Pension System Oversight Commission (CSSPP), Mediafax reports. The appointment has been passed at a recent CSSPP meeting. BRD Pensii Private operates on both the mandatory private pension market (Pillar 2) – 145,109 participants and assets equal to RON 11.67 M, and the optional pension segment (Pillar 3) – 2,328 participants and assets worth RON 3.54 M. The nine Pillar 2 funds have joint net assets of RON 4.5 bln, up 3.9 per cent from the last month of 2010.

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