Bucharest, 13 October 2021 – During today's meeting, the Board of the Financial Supervisory Authority (A.S.F.) adopted measures on the operation of the supervised non-bank financial markets - insurance, capital market and private pensions, as follows:
Approval of Ms. Ileana Damian as a member of the Board of Directors of Generali Romania Asigurare Reasigurare S.A.;
Approval of the application of S.A.I. Erste Asset Management S.A. for the authorization to amend the operating license following the change in the composition of the Supervisory Board by appointing Mr. Thomas Kraus as a member of the Supervisory Board;
Approval of the application of S.A.I. Patria Asset Management S.A. for the authorization of Mr. Cojocar Adrian-Ionuț as Manager of the company, following the renewal of his mandate;
Approval of the application of S.A.I. Patria Asset Management S.A. to authorize Mr. Răzvan Florin Pașol as Manager of the company, following the renewal of his mandate;
Approval of the application of BT Asset Management SAI S.A. for the authorization of changes in the organization and operation of the company, following the change in the composition of the management by appointing Mr. Condor Călin Paul as Manager of the company;
Approval of the EU growth prospectus on the offer for sale of convertible unsecured bonds issued by Life Is Hard S.A. Cluj.
About the Financial Supervisory Authority
The Financial Supervisory Authority is the national authority, established in 2013 by GEO 93/2012 approved by Law 113/2013, for the regulation and supervision of the insurance markets, private pensions, as well as the capital market. The FSA contributes to strengthening the integrated functioning framework of the three sectors, amounting to over 10 million participants. More information can be found on www.asfromania.ro.