Unlike other SIFs, the fights for power at SIF1 Banat Crişana took place behind closed doors, without any scandals, at least as far as the media was concerned.
Ioan Cuzman, who led SIF1 for 18 years, has set up his step-down in an elegant manner, at the anniversary event dedicated to the 20 years of institutional activity, and has left the seat of president and CEO to Dragoş Bîlteanu, who will take over , and who previously served as vice-president (starting with December 1st).
Dragoş Bîlteanu said that he doesn't consider his vision on the SIF that different from that of Ioan Cuzman, but rather, more "nuanced".
"We are both supporters of the domestic equity and we want the SIFs to remain active and to develop further in that regard", said Dragoş Bîlteanu, in an exclusive interview.
The future head of SIF Banat Crişana is 35 years old and has been a member of the Board of Directors of the investment company since January 2010. He was appointed on the Board of Directors together with the Chairman of the Board of Directors of Banca Transilvania, Horia Ciorcilă. After just seven months, Ciorcilă resigned from the Board of Directors of SIF Banat-Crişana, together with another former vice-president of the bank, Claudiu Silaghi.
In February, one of the companies led by Bîlteanu, Romenergo, bought 4% of the shares of SIF Banat Crişana from Banca Transilvania and five of its subsidiaries. That deal led to Romenergo owning 5% of the shares of the SIF.
* "We want the SIFs to remain active and to develop"
* "I am the supporter of natural changes"
Reporter: You took over the management of SIF1 Banat Crişana after Mr. Ioan Cuzman surprisingly announced his retirement. How should this change, taking place at this time, be construed?
Dragoş Bîlteanu: The retirement of Mr. Cuzman was a unilateral act of will which he did a
