Patria Bank Team and Shareholders

Introduction of the Bank Board of Directors and Management Team.

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Board of Directors

Dragoș Horia Manda

Chairman of the Board of Directors

Dragoș Horia Manda

Horia Manda is the Chairman of the Board of Directors of Patria Bank. He has over seventeen years’ experience in private equity in Southeast Europe and an impressive track record as Chairman or member of the Board of Directors of various private equity funds such as the Romanian American Enterprise Fund (RAEF), Balkan Accession Fund (BAF) and Emerging Europe Accession Fund (EEAF), with a special focus on the financial services sector.

In his career, Mr. Manda has personally overseen capital investments of over 200 million euro, with successful projects in various industries such as IT, retail, financial services, energy and manufacturing.

Mr. Manda holds a PhD in Mathematics from the Paris VII University in France (1993), an MBA (summa cum laude) from the Romanian-Canadian MBA Program (McGill, Quebec – Montreal University, Academy of Economic Studies Bucharest, 1996) and a M.Sc. in Theoretical Physics from the University of Bucharest (1984).

Daniela Elena Iliescu

Member of the Board of Directors

Daniela Elena Iliescu

Daniela Iliescu is a member of the Patria Bank Board of Directors and she has extensive experience in the financial sector (financial management, reporting and budgeting) as she worked with major institutions such as the Emerging Europe Accession Fund (EEAF) and Balkan Accession Fund (BAF). Mrs. Iliescu is very actively involved in monitoring equity fund investments in the financial services sector. The most relevant ones are the investments in Patria Bank and Patria Credit.

Previously she worked for seven years with PWC Romania and she was responsible for coordinating the audit and financial advisory services for major clients in banking, leasing and credit and asset management companies.

She graduated from the Academy of Economic Studies in Bucharest and she is a member of the Association of Chartered Certified Accountants (ACCA), the Chamber of Romanian Auditors and the Romanian Accountants Organization. She also holds an MBA from the Executive MBA Program of the University of Vienna.

Bogdan Merfea

Member of the Board of Directors

Bogdan Merfea

Bogdan Merfea is the CEO of Patria Bank (which has recently merged with “Banca Comercială Carpatica”). He has over ten years’ experience in management and he previously held the position of CEO of Patria Credit IFN and Raiffeisen Bank Kosovo.

While building a university career that spans eighteen years, since 1995 Mr. Merfea has coordinated projects and programs for micro enterprise and SME support and promotion in Romania.

As an active promoter of financial inclusion, Mr. Merfea is an active member of the European Microfinance Network and he continues to serve as Chairman of the Board of Directors of Patria Credit. Mr. Merfea has an extensive experience in the academia. He holds a PhD in Mechanical Engineering and a master’s degree in Business Management. He has also attended courses of the prestigious INSEAD business school.

Nicolae Surdu

Member of the Board of Directors
Chairman of the Risk Management Committee
Member of the Audit Committee

Nicolae Surdu

Mr. Surdu is an experienced banker with over 20 years of experience in the Romanian banking sector, having an exposure in a number of international and local banks and having expertise both in general banking management and in reorganization, restructuring and organizational recovery (formerly Banca Comerciala Carpatica and former Tiriac Bank), as well as start-up banks  (Fortis Bank România).   Mr. Surdu is specialised in Corporate Banking, SME & Retail Banking, Restructuring , Risk management, start-up banks.

Mr. Surdu held the position of member of the Board of Directors of the former Patria Bank SA (2014 - April 2017).

Mr. Surdu is a graduate of the Faculty of Commerce at ASE Bucharest, holding an MBA - Indiana Wesleyan University, USA.

 

Vasile Iuga

Member of the Board of Directors

Chairman of the Audit Committee 
Member of the Risk Management Committee

Since 1991, Mr. Iuga joined PriceWaterhouseCoopers Romania (PwC), becoming a partner in 1997, and between 2004 and 2015 he was Country Managing Partner for Romania, with more than 600 employees in five regional offices. Between 2008 and 2015, he was PwC Managing Partner for South East Europe, coordinating the company's activity in nine countries, and between 2004 and 2015 he was a PwC CEO for Central and Eastern Europe.

Mr. Iuga was a member of the Board of Directors of Aspen Romania, and for many years he was Vice President of the American Chamber of Commerce in Romania (AMCHAM).

Financial auditor authorized by NBR and FSA (for banks, insurance companies and listed companies), financial consultant with a complex experience of over 26 years in the field of implementation of international financial reporting standards of financial audit, Mr. Iuga has participated in various business appraisal and restructuring projects in takeovers, mergers, business acquisitions, privatizations and strategic consultancy.

Mr. Iuga is a graduate of the Faculty of Aeronautics of the Polytechnic Institute of Bucharest. He graduated from Harvard Business School, London Business School, Institut Européen d'Administration des Affaires/European Institute of Business Administration (INSEAD, Fontainebleau, Paris) and the International Institute for Management Development (IMD, Lausanne).

Executive Team

Bogdan Merfea

General Manager

Bogdan Merfea

Bogdan Merfea is the CEO of Patria Bank (which has recently merged with “Banca Comercială Carpatica”). He has over ten years’ experience in management as he previously held the position of CEO of Patria Credit IFN and Raiffeisen Bank Kosovo.

While building a university career that spans eighteen years, since 1995 Mr. Merfea has coordinated projects and programs for micro enterprise and SME support and promotion in Romania.

As an active promoter of financial inclusion, Mr. Merfea is an active member of the European Microfinance Network and he continues to serve as Chairman of the Board of Directors of Patria Credit. Mr. Merfea has an extensive experience in the academia. He holds a PhD in Mechanical Engineering and a master’s degree in Business Management. He has also attended courses of the prestigious INSEAD business school.

Lucica Pitulice 

Deputy General Manager, Financial Division (NBR pending approval)

Lucica Pitulice

Lucica Pitulice holds the position of Deputy General Manager of Patria Bank.

Having a very solid banking background acquired in over 17 years of experience, Mrs. Pitulice has previously held the position of CFO within Banca Romaneasca, Bancpost, RBS Bank, ABN Amro Bank, and has a rich consulting and audit experience developed within KPMG Romania and Deloitte.

Valentin Vancea

Deputy General Manager, Operations and IT Division

Valentin Vancea

Valentin Vancea is Deputy General Manager, IT & Operations Division of Patria Bank. He previously held top management positions with Nextebank and Volksbank Romania. As he is specialized in operations, IT and data security, Mr. Vancea served as Vice-president of the National Association for Data Security (NADS) and Executive Director of Star Storage, where he coordinated the business development and strategy segment. Between 1999 and 2006, he held various management positions in the audit department of Unicredit and HVB Țiriac Bank Romania.

Mr. Vancea holds a degree from the Academy of Economic Studies and an MBA in Financial Management and Financial Services.

Codin Nastase

Deputy General Manager, Risk Division (pending approval from the National Bank of Romania)

Codin Nastase has more than 20 years experience in the banking system, holding leading positions in financial management and risk management at Citibank, Banca Romaneasca and Bancpost, before joining Patria Bank.
Concerned about continuous improvement and managerial skills development, Codin graduated MBA - ASSEBUS program in partnership with Kenesaw State University (Atlanta, USA) completing his formation from ASE, where he is licensed in Finance, Banks and Stock Exchanges.

 

Codruţ Nicolau

Deputy General Manager, Commercial Division 

Bogdan Neacșu

Codrut is a declared fan of Romanian businesess and the entrepreneurs behind them. With over 20 years of experience in banking, from Corporate and Retail sales management positions in Unicredit Romania, and extensive expertise in all business development points (from strategy, marketing, planning & controlling, project management and risk management), Codruţ managed to inspire and lead teams towards performance and brought added creativity and dynamism to all the businesses he was involved in. Codruţ joined Patria Group in 2015, as Director of Corporate Division. In 2016 he also became a member of the Board of Directors at Patria Credit, and since May 2018 he has been promoted to the post of Deputy General Manager - Commercial Division.