Peter Weiss to take over at ABN Amro

Peter Weiss, 46, is to take over as head of ABN Amro Romania next month. He will replace Henk Mulder as chairman of the board and chief executive. Weiss has worked for five years as ABN Amro chairman in Greece. He graduated from the Vassar College in New York and has an MBA from Duke University, Durham, USA. a??It is too early to talk about plans and specific actions, but I can tell you that I will be mainly focusing on three development directions for the Romanian market: continuing to introduce the products offered by ABN Amro throughout the world, developing our retail division and intensifying efforts to support major international companies,a?? Weiss told a news conference. The deregulation of the Romanian market will allow for the development of derivative products and the introduction of products aimed at covering financial risk. a??We need to focus on eliminating some of the financial risks our clients are facing so they can pay more attention to the risks specific to their line of business,a?? Weiss explained. He joined the ABN Amro team in 1982, and has worked for the banka??s subsidiaries in Greece, Australia, the United States and Holland. ZF