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New BNR Board has as objectives euro currency adoption and accession to Banking Union [Agerpres, Bucharest, Romania]
[October 13, 2014]

New BNR Board has as objectives euro currency adoption and accession to Banking Union [Agerpres, Bucharest, Romania]


(Agerpres (Romania) Via Acquire Media NewsEdge) Oct. 13--BUCHAREST -- The National Bank of Romania (BNR) has a new Board of Directors chaired by Governor Mugur Isarescu, with its main objectives the adoption of the single European currency and the accession to the European Banking Union.



The mandate of the former BNR Board expired on October 10, 2014.

This is Mugur Isarescu's fifth Governor's mandate at the National Bank of Romania. BNR's executives in the Board of Directors, together with the Governor are: First Deputy Governor Florin Georgescu, in his third mandate, Deputy Governor Bogdan Olteanu, in his second mandate, and Deputy Governor Liviu Voinea, first mandate.


The non-executive members of BNR's Board in the following five years will be: Agnes Nagy, in her fourth mandate, Marin Dinu, in his second mandate, Virgil Stoenescu, in his third mandate, Gheorghe Gherghina and Daniel Daianu, each in the first mandate.

The new Board of Directors was appointed by Parliament in mid-June this year. Cristian Popa, who held the office of BNR Deputy Governor for three consecutive mandates, Napoleon Pop, who had two mandates of member in the Board of Directors, and Nicolae Danila, with one single member mandate, have no longer received Parliament's approval for a new mandate in the central bank management.

BNR's Board of Directors is made up of nine members who are elected by the Parliament of Romania, following the nominations by the standing committees of the two Chambers of the Parliament, for a renewable five year-period.

___ (c)2014 Agerpres, Bucharest, Romania Visit Agerpres, Bucharest, Romania at www1.agerpres.ro/english Distributed by MCT Information Services

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