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Cash will become obsolete and this will be the result of digital finance advancement»
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Cristian Busu has been reappointed president of Electrica's board

Cristian Busu has been reappointed president of Electrica board, the electric energy supplier. He is a member of the board since 2014 and was chosen in this position during the Council's meeting on November 13, 2017, for one-year mandate.

2017-11-20 12:39:16

The Electrica's board is formed of seven members: Arielle Malard de Rothschild, Cristian Busu, Doina Dascalu, Gicu Iorga, Bogdan Iliescu, Willem Schoeber and Pedro Mielgo Alvarez.

Busu is university lecturer within Bucharest University of Economic Studies. Starting April, he is vice-president of SIF Oltenia, where he is a board member since 2013, according to Business Review.

During November 2015 - January 2017 he has been state secretary within the Energy Ministry. Previously, he was director of the central branch Marfin Bank Bucharest. During 2009-2013, he was economic director of Fondul Proprietatea and member of the representatives' Committee.

Before that, Busu was economic counsellor within the economic department of Romanian Government for four years. Between 2000-2005, he worked for the Prudential Financial, New York, as financial planner/ broker. Since 2014, he is member of the Administration Council of Electrica.

"I thank my colleagues from the board for the trust vote. Through their experience and professionalism, together with the Electrica management, we will continue the implementation of the efficiency measures, as well as the best corporate governance," said Busu.



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