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Bucharest
May 9, 2021
BUSINESS

Victor Cionga is the new CEO of Bucharest Stock Exchange

Victor Cionga is the new CEO of the Bucharest Stock Exchange (BVB), after his instatement got the nod on Friday from the National Securities Commission (CNVM). While Cionga was elected CEO by the BVB Board of Directors in mid-July, he nonetheless could only be instated after the CNVM go-ahead. “The chance the local capital market could stand under the current tough regional competition conditions is to go through a fast-paced modernization process, seeking to draw new issuers  (state-controlled or private companies), new foreign and local investors, new brokers (including some «remote brokers»),” Cionga said in a BVB release.

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