BVB starts selection process for new CEO

The Administration Council of Bucharest Stock Exchange (BVB) started this Thursday an internal selection process to appoint its new CEO.

Last week BVB appointed deputy director general Alin Barbu as its interim head.

The mandate contract of the general director ob BVB, Ludwik Sobolewski, expired on August 21, creating an unusual legal situation, due to which he decided not to carry out its mandate, choosing to await the decision of the BVB Council on the matter.

The decision regarding the expansion of the mandate contract of the general director was not taken in the BVB’s Council meeting, gathered on August 18, due to lack of quorum.

Ludwik Sobolewski was appointed general director of BVB at the beginning of July 2013.

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