A new member of the Board authorized by the Financial Supervisory Authority

A new member of the Board authorized by the Financial Supervisory Authority


During the meeting held on February 13th 2019, The Financial Supervisory Authority authorized the appointment of Mrs. Magdalena – Luminita Manea as Board member of CertAsig – Insurance and Reinsurance company.

With a vast experience in the financial field, Mrs. Manea held, throughout the years, leading, executive and non executive positions in various prestigious institutions.

With almost 30 years of experience in banking, Mrs. Manea occupied executive positions and was also independent director for Romanian and foreign banks and for important companies in the infrastructure of payments and the telecommunications fields in Romania.

Mrs. Manea started her career working for the National Bank of Romania, where she was first dealer then later became chief dealer. Afterwards, she started working in the private sector, following a career in Raiffeisen Bank in Bucharest and Vienna.She returned to Romania as vice-president of MKB Rometerra Bank and later of RBS Romania, during 2007-2012, after which she took over non-executive positions for Transfond S.A., BRCI, CEC Bank, Electrogrup Infrastructure, being also a member of audit committees or risk committees for the same institutions. Taking into account her experience, Mrs. Manea will increase the strength of the CertAsig team and will contribute to its long-lasting success.CertAsig – Insurance and Reinsurance is a company that has been operating on the Romanian market since 2003, offering innovative non-life and non-motor products to the corporate segment.It is majority owned by the Royalton Capital Investors II investment fund and is backed by major reinsurers like Swiss RE, Hannover RE, Partner RE and Lloyd’s Syndicates.

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