Mişu Negriţoiu, who in summer will have run ING Bank Romania forfive years, says he does not have a management contract for adefinite period of time of three or five years, as is the rule onthe market, and that he will stay in this position as long as theDutch are satisfied with the generated results.
After 14 years with ING, with the last five as a CEO, Negriţoiusays the job is keeping him "fit". "There is always something newto do".
His main task has been to build the universal bank critical mass onthe rapid upsurge of retail operations.
"I am highly satisfied with the current position of ING. It is asound, clean business, with all the business lines, with simpleproducts and a very good awareness, double the market share".
He says the bank has a "quite ambitious" growth plan for the nextfive years in Romania, which is set to be delayed, though, by theprolonged recession.
In Negriţoiu's opinion, the major achievement of recent years hasbeen growth on the retail segment, which has come to match thecorporate unit in terms of revenues.
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