Romanian lender Banca Transilvania officially announced the naming of Omer Tetik, the former CEO of Credit Europe Bank, at its helm. Tetik, 40, will take over his new role on June 1. The official announcement comes two weeks after rumors about his naming already appeared in local media.

Tetik thus replaces Robert Rekkers, who resigned in January 2012, after a nine-year mandate. Banca Transilvania chose not to replace Rekkers immediately, so the position has been vacant for over a year. Peter Franklin acted as interim, and at the end of last year, Horia Ciorcila, president and shareholder of the bank, was named at the helm of the bank during this period.

Omer Tetik has been working with Credit Europe Bank since 2000, when the bank was called Finansbank. He became the CEO in 2010, after being vice-president for almost five years.

Tetik graduated the Orta Doğu Teknik Üniversitesi in Ankara with a Bachelor of Science (Bsc) in economics in 1996. He is a Romanian citizen of Turkish origin, and is fluent in four languages, including Romanian. He will move from Bucharest to Cluj - Napoca, where Banca Transilvania is headquartered.

editor@romania-insider.com