A ROMANIAN IN BUCHAREST The name sought by the BSE and hunted by the press: Bogdan Patriniche

• The London-based Romanian is in advanced negotiations to become the general manager of the BSE

• As he has avoided talking about the BSE, we talked to him about football

Banker Bogdan Patriniche is the person which the Board of the BSE is currently negotiating with in order to hire him as the general manager of the BSE.

Contacted by "BURSA", Mr. Bogdan Patriniche declined to comment on the topic.

We asked him whether we could talk to him "afterwards".

Without giving away anything, Bogdan Patriniche replied with a question of his own: "After the European Championship?"

"Yes, after the European Championship", I answered, thinking that perhaps, by then, the Bucharest Stock Exchange would have completed the negotiations for the new executive.

Mr. Patriniche jovially asked me which team I support. When asked whether I should root for England, even though I knew it had been eliminated by Italy, in the quarter finals held on Sunday; in fact I was just joking, knowing that he had spent many years in the City, in London.

The banker then advised me to support a team that still has a shot at the title, such as Portugal, Spain, Germany or Italy, and then wished me a nice day.

The negotiations between Patriniche and the BSE are currently at the compensation negotiation stage, with the former being apparently unhappy with the 10,000 Euros he has been offered.

Bogdan Patriniche is Head of Structured Funding & Hedging Solutions at Delphi Securities, according to information from the website of the company, which also mentions that he spent 18 years in the "City" of London, and has worked, among other things, at the EBRD, UBS, Ericsson, National Australia Bank, National Bank of Greece and Calyon, before joining Delphi Securities as an executive director.

In January 1993 Bogdan Patriniche began work at the EBRD in London, in the infrastructure division, and stayed with it until mid-1997, according to information in the media.

In August 2010, he was saying that he was involved in capital market projects for the CEEMENA (Central and Eastern Europe, Middle East and North Africa).

"These projects could represent transactions for capital markets (deals concerning interest rates, exchange rates, credit, commodities) or any other structured financing project, whether they are on the debt side or on the equity side. This would be my main job. Some of the personal projects also include a charity organization called Romanian Education Trust which finances Romanians that go to the top ten MBAs in Europe", Bogdan Patriniche was saying in 2010, in a statement issued to the website vocipentruromania.ro.

The recruitment company of Radu Furnica, Leadership Development Solutions, was hired to search for potential executives for the Bucharest Stock Exchange.

In March, Radu Furnica was saying that it was his personal ambition for the new CEO of the BSE to be Romanian.

Valentin Ionescu was dismissed from the position of CEO, in November 2011, due to an alleged failure to meet his contractual performance quotas. Some time before that, a group of shareholders had asked for the management of the BSE to be replaced, a thing which happened in the beginning of this year.