Shareholders of the Bucharest Stock Exchange (BVB) elected the president and the new Board of Directors for a four-year term. Radu Hanga was re-elected for another four years with 93.4% of the votes. His competitor, Dragoș Neacșu, CEO of the GS1 Association, did not gather enough votes to enter the BVB Board.
Radu Hanga, who will serve as BVB president for another four years, has been a member and president of the BVB Board since 2020, president of the board of Depozitarul Central S.A. since 2023, and president of the board of ‘The Federation of Euro-Asian Stock Exchanges (FEAS)’ in Yerevan, Armenia. He has been a board member of SIF Oltenia, senior advisor on the board of Banca Transilvania, president of the board of BT Leasing Transilvania IFN, Head of Group Management at Banca Transilvania, CEO of BT Asset Management, and Head of Capital Markets at Banca Transilvania.
For the nine seats on the BVB Board, 17 candidates applied, and for the position of President, Radu Hanga, the current president, and Dragoș Neacșu were the candidates. They will assume their roles in the next three months, upon individual approval by the Financial Supervisory Authority, but no earlier than February 13, 2024, the expiration date of the current members’ mandates on the BVB Board.
BVB is 80% controlled by Romanian institutional investors, including private pension funds, SIFs, banks, and brokerage firms.