The Financial Supervisory Authority has started the selection for the position of president of FCI
Petre Barac
Posted On June 22, 2021
The Financial Supervisory Authority (ASF) has begun the selection process for the position of Chairman of the Board of Directors of the Investor Compensation Fund (FCI).
The persons interested in occupying such a position can submit their candidacy files until July 9, 2021, at 23:59, at the e-mail address: candidați_FCI@asfromania.ro.
The members of the Board of Directors of the Fund must cumulatively meet the conditions provided in art. 15 of Law no. 88/2021 regarding the Investor Compensation Fund and not to be in situations of incompatibility / conflict of interests, according to art. 16 of the same law, respectively:
According to article 14 of Law no. 88/2021, the Investor Compensation Fund is managed by a board of directors composed of:
a) a member appointed by the A.S.F. who is the Chairman of the Board of Directors;
b) a member appointed by the Ministry of Finance;
c) a member appointed by the A.S.F. among the representatives proposed by the participants in the Fund from among themselves.
The members of the Board of Directors of the Fund are appointed for a term of 5 years by an individual administrative act issued by the A.S.F.
