ING Bank chairman, Misu Negritoiu, nominated to lead the ASF

Prime Minister Victor Ponta announced on Wednesday that Misu Negritoiu, former general director of ING Bank Romania, has been proposed to become the president of the Financial Surveillance Authority (ASF).

Negritoiu was appointed general director of ING Bank and CEO Wholesale Banking in 2006 and became CEO of ING Bank Romania in 2010. He was replaced as CEO of ING Bank Romania in 2012 by the Polish Michal Szczurek,41.

Negritoiu is currently Chairman of ING Bank Romania and will submit to parliamentary hearings on Monday. The Parliament will vote for his appointment or rejection on Tuesday, next week.

Victor Ponta said he made the nomination after discussing it with Mugur Isarescu and they both agreed that the ASF should not have a “political leadership”.

“I’ve discussed the issue with him that he will make less money than now, at the private bank where he work, but he’s not the type of person that will come to the ASF for money – he will in fact lose money – , he’s coming for a project and I believe that at this point in his career it is important for him to suceed in this project”, Ponta added.

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