The Business Review Awards Gala is set to happen in May 2021, so it’s time to meet the esteemed jury members of this year’s edition, top senior professionals representing the business community who will review and shortlist your nominations and finally cast their votes to decide Romania’s business champions of 2020! It is our great pleasure to introduce Mrs. Mihaela Bitu, CEO of ING Bank Romania as member of the Business Review Awards Gala, 2021 edition.
Mihaela Bîtu took over the role of CEO of ING Bank Romania in July 2019. Previously, she held the position of Head of Wholesale Banking and Deputy Director. In this role, she led the division responsible for ING’s business with large corporate clients and financial institutions, including product portfolio management and customer service. Since May 2018, she is also a member of the Board of Directors of the Romanian Association of Banks.
Mihaela joined ING Bank in 1995 as a management trainee, shortly after the ING group started its activity in Romania. In the last 24 years, she has developed a successful career at ING, mainly in the field of Wholesale Banking, fulfilling a variety of roles, which involved managing customer relationships, conducting numerous transactions in M&A areas, capital markets, lending, as well as the coordination of complex teams and projects, locally and internationally.
She has also successfully completed two international mandates, the most recent in 2008-2010, as Head of General Lending Products for Central and Eastern Europe, at ING Netherlands. Previously, between 1999-2000, she completed an international internship as a member of the Corporate Finance Central & Eastern Europe team at ING Great Britain.
Her educational training includes an MBA from the School of Management in Bucharest (in association with the Universite du Quebec of Montreal) graduated Summa Cum Laude and a bachelor’s degree in finance from the Academy of Economic Studies in Bucharest.
Read Mihaela Bîtu’s Testimonial Interview for #BRA2021, below:
BR: Thank you for granting us the honor of becoming a Jury member of the distinguished 2021 committee. Business Review Awards – probably one of the most coveted prizes in the industry – is one of BR’s dearest projects, spotlighting the achievements of the business community, awarding and celebrating the companies, business leaders and entrepreneurs that have shown drive, initiative and achieved the best results in their field of business. We are inviting you to point out your perspective over the 2020 year situation:
How do you define performance in the 2020 challenging year?
Mihaela Bîtu: Navigating successfully in a highly uncertain environment. Demonstrating adaptability and responsibility. And last, but not least, being innovative and adjusting course where needed, in order to leverage on the opportunities brought by this crisis and minimize its negative impact.
BR: From your point of view, what mattered the most in a company’s leadership, to continue to keep the business afloat?
Mihaela Bîtu: Defining a clear strategic path helps keeping people aligned and staying the course. We have seen leaders and corporates acting really fast in this crisis, adjusting business models, accelerating certain projects that became more relevant, critically reviewing their cost base etc. Speed of reaction makes a difference in difficult circumstances and may determine whether you’re continuing to be successful or the opposite. Also, I think it is paramount for leaders in such circumstances to show care and respect for people, to stay close and communicate even more than in normal circumstances.