Pascariu stays, Saldirak leaves

Selcuk Saldirak, the chairman of Banca Tiriac will no longer hold any position with the HVB Tiriac bank resulting from the merger with HVB Bank Romania, according to the decision of Bank Austria Creditanstalt that controls the new entity. Saldirak says he does not yet have any clear plans for the future. “My priority is to complete the merger process, which is a difficult project and will probably keep me busy until May. Only then will I make a decision about continuing my career,” Selcuk Saldirak told ZIARUL FINANCIAR. Saldirak has been working in the Romanian banking system since 1997 when he was appointed chairman of the local branch of Turkey”s Demirbank. He developed the bank from scratch, and maintained his position after September 2001, when the bank was acquired by the Italian UniCredito Group. Back in July 2004, Selcuk Saldirak was appointed chairman of Banca Tiriac to replace George Mucibabici, who had acted as interim chairman of the bank since August 2003. HVB Tiriac will be run by Dan Pascariu, 55, the current chairman of HVB Bank, who will supervise the Risk Management and Treasury departments. ZF