“The Financial Supervisory Authority (ASF) is a fundamental institution of the Romanian state, which supervises a non-banking financial market that represents approximately 13.6% of Romania’s gross domestic product in terms of total assets. The capital market, along with the insurance market and the private pension system – is essential for the development of the economy.

For a harmonious development, the Romanian society and implicitly the capital market need a responsible and deeply committed leadership, people who excel in the position of leaders of the issuing companies, and the responsibility of the leaders starts with education and professional ethics,” Nicu Marcu, president of ASF, said on the launch of the Educational Program dedicated to the capital market stakeholders realized through the partnership between BVB and Envisia Boards of Elite.

“Boards of directors – company boards – must be populated with true, responsible, educated leaders with deep moral and ethical values. The board represents the interests of shareholders and investors, and the investor’s desire is to maximize profits.

But maximizing profits and respecting the interest of investors can be achieved by producing at the same time: social growth, the development of society and the transformation of mentalities. All under the sign of a real respect for the law of the Romanian state.

The Financial Supervisory Authority and I personally welcome the partnership that BVB and Envisia Boards of Elite are launching today through the educational program designed to train capital market leaders.

Romania really needs elites, and we hope that this program will fully contribute to the formation of a class of elite leaders, a class that will ensure profits by reaffirming fundamental values ​​such as honesty, integrity, responsibility, transparency, compliance with state laws.”