The ranks of replaced bankers are growing Peter Weiss leaves Bancpost

Elena Voinea (Translated by Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 25 mai 2012

Peter Weiss leaves Bancpost

As early as December last year, the BURSA newspaper has been said that the Romanian banking system would face all kinds of management changes, which, one way or another, have to do with the performances of the banks and/or the bankers themselves. Also then, we have announced that 2012 would be extremely hard on the banking industry, which would face the shockwave of the European banking crisis.

In less than six months, major changes took at the top levels of bank management.

Anthony C. Hassiotis is the new CEO of Bancpost

Peter Weiss, CEO at Bancpost, will leave his position, as his term has expired. Banking sources have said that Peter Weiss would leave Bancpost due to personal reasons, and the bank has already found a replacement for him.

Anthony C. Hassiotis will become the new Country CEO and CEO of Bancpost, starting with July 2nd, 2012, subject to approval by the regulation authorities. Over the last 8 years, Hassiotis was the country CEO and CEO of Postbank, in Bulgaria. Prior to his term at Postbank, Hassiotis was the Chairman of the Board and CEO of General Bank of Greece and Deputy Governor and Vice-President of the Board of Directors of Agricultural Bank of Greece. Before that, he worked as Country Manager of the Barclays Group and CEO of Barclays Bank in Greece. He also worked for 17 years for Citibank in the US, Saudi Arabia, Venezuela, Costa Rica and Greece.

Peter Weiss was recruited by the bank in the beginning of 2011 and has previously worked as CEO of RBS Romania.

The departure of Peter Weiss from Bancpost is another one in the list of management changes at the top of the banks in the Romanian banking system.

Robert Rekkers of Banca Transilvania was the one who started off the departures. His position is still vacant.

Other changes which followed were those of BCR, where Dominic Bruynseels was replaced with Tomas Spurny and BRD, where Alexandre Maymat replaced Guy Poupet.

At Banca Comercială Carpatica, Ilie Carabulea was sentenced to a year and a half in prison without parole for offering bribes. Nicolae Petria was appointed as chairman of the Supervisory Board.

Another recent departure was that of Marinel Burduja, prime vice-president at Raiffeisen Bank.

Who is next?

Who is going to replace them?

The landscape is changing in the banking system ...

The bank - Who left - Who came in

1. Banca Transilvania - Robert Rekkers - Peter Franklin (BERD) - interim

2. BRD - Poupet -Maymat

3. BCR - Dominic Bruynseels- Tomas Spurny

4. RBS - Henk Paardekooper- Johan Gabriels

5. Banca Italo-Romena - Giulio Simonelli -Paolo Mariani

6. Banca Carpatica - Ilie Carabulea - Nicolae Petria (interim)

7. Raiffeisen Bank - Marinel Burduja (vice-president)

8. ATE Bank - Sotirios Skandamis (dismissed as CEO and appointed as non-executive chairman of the Board) - Christou Konstantinos (dismissed from his position of vice-president and appointed as non-executive the Chairman of the Board)

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