Lucian Anghel, chief-economist of Banca Comerciala Romana (BCR) and president of the Bucharest Stock Exchange (BVB), was appointed president of the directorate and CEO of BCR Pensii, thus renouncing his current position with the bank, Mediafax reports. “His nomination becomes effective when he receives approval from the Private Pensions System Supervisory Commission,” the bank announced in a press release issued yesterday. “Private pension funds are among the few internal financing solutions available to the Romanian economy. Securing the financing allows the development of the economy, also keeping the existing jobs and creating new ones,” Anghel explains in the press release.
