Nicolae Danila, richest Romanian banker: 25m euros

After seven years at the helm of the BCR, the largest Romanian
bank, Danila left with a portfolio of Erste shares now worth over 5
million euros. After a 33-year career, Nicolae Danila, 58, is a
candidate for the title of wealthiest banker in Romania, with a
fortune amounting to at least 25 million euros, according to the
wealth statement he submitted in his capacity as a member of the
Board of Directors of the NBR (National Bank of Romania). He has
had one of the most impressing careers in the Romanian banking
system, being hired straight after finishing college education at
the Bucharest branch of American bank Manufacturers Hanover Trust
(formerly Chemical, formerly Chase, currently JP Morgan). He became
no. 2 in the bank. In January 2000 he took over at the helm of the
BCR (Romanian Commercial Bank), the largest Romanian bank after
absorption of Bancorex’s good assets. The most important segment of
his wealth is the portfolio of Erste shares he got from the
conversion of shares of the BCR, whose chief executive he was for
seven years. The shares were worth 5.13 million euros last
month.