Banca Transilvania announces the renewal of CEO Omer Tetik's term until 2030. Additionally, the terms of three other members of the bank’s executive management were renewed: George Calinescu—Deputy CEO for Finance, Oana Ilas—Deputy CEO for Retail Banking, and Leontin Toderici—Deputy CEO for Operations. Simultaneously, the leadership team was strengthened with the promotion of Cosmin Calin to the position of Deputy CEO for Large Corporate. 

All other current engagement agreements for members of the Executive Committee—namely, those of Cătălin Caragea (Risk), Andrzej Dominiak (Technology), Tiberiu Moisă (MidCorporate & SME), and Bogdan Pleșuvescu (Legal)—remain in effect, unchanged.

One of Banca Transilvania’s strengths has been, from the very beginning, its united and stable team. The Board of Directors appreciates the professionalism, loyalty, and commitment of our colleagues on the Management Committee to what we are building at the bank and within the Banca Transilvania Group. Together with the entire BT team, we continue on the bank’s path of growth, confident that our work has a positive impact on the economy and on our customers’ lives.

Horia Ciorcilă
Chairman of the Board of Directors
Banca Transilvania

The renewal of the terms of office comes at a time when Banca Transilvania has consolidated its leading position in the banking market thanks to solid results. In recent years, the bank has recorded above-market-average growth in terms of assets, profitability, operational volumes, and the number of customers. Between 2021 and 2025, BT’s market share based on assets rose from 19.5% to 22%, and at the end of the first quarter of the year, assets reached 212.9 billion lei. Furthermore, Banca Transilvania’s trading volumes have established it as one of the most actively traded issuers listed on the Bucharest Stock Exchange, demonstrating the confidence investors have in the bank and its management.