Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian T\u0103nase as the stock exchange grapples with a market dominated by government bonds.\u00a0<\/p>\n
Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He has held positions in academia and public administration and is a member of several professional associations in the field of capital markets.<\/p>\n
The head of the Control Body under former Social Democratic prime minister Victor Ponta and honorary adviser to prime minister Mihai Tudose, also a Social Democrat, Vulpescu brings expertise in corporate governance, legal matters, and state shareholding management to the capital market operator.\u00a0<\/p>\n
He also has vast experience in the management of state-owned enterprises. He chaired the board of hydropower group Hidroelectrica, and served as interim administrator of Nuclearelectrica, the state-owned company that operates the Cernavod\u0103 nuclear power plant. He was also general director of Romaero and a board member of Cupru Min SA. Moreover, Vulpescu served as administrator at Rompetrol and Transgaz.<\/p>\n
Vulpescu received approval from the Financial Supervisory Authority, or ASF, on June 20, 2025, for the role of CEO of BVB, a listed entity with a capitalization of RON 335 million (EUR 66 million). His four-year term begins at a time when there is increasing discussion about the potential additional listings of state-owned companies, according to Ziarul Financiar<\/a>.<\/p>\n