Cornelia Cozlovschi was appointed the new Chairperson of the Administrative Council of the National Commission for the Financial Market (NCFM) for a 5-year period, and Adrian Georghita was appointed the new Vice Chairman of the NCFM.
The relevant resolutions were adopted by the parliament at a meeting on Friday. At the same time, it was originally planned to appoint Cornelia Cozlovschi to the position of member and Vice Chairperson of the Administrative Council of the National Commission for the Financial Market. But, later, at the initiative of the Chairman of the Parliament, Igor Grosu, it was decided to approve her as Chairperson of the Administrative Council of the NCFM. Cornelia Cozlovschi has experience in the banking sector and leasing, including working in top management and civil service. In particular, she was the CEO of Raiffeisen Leasing and the representative office of Raiffeisen Leasing in Moldova (2009 - October 2020), head of the leasing service at FinComBank (September-December 2020), CEO of the Privatization Agency under the Ministry of Economy and Trade (2005-2006). In turn, Adrian Georghita, from December 18, 2015 to the present, has held the position of Deputy Director of the American Chamber of Commerce in Moldova (AmCham). In general, he has worked at AmCham for the last 10 years, including being a project manager, program coordinator, etc. According to Cornelia Cozlovschi, the capital market in Moldova has a huge potential, but it is not used to the full extent. The new chairman of the NCFM considers it necessary to identify new opportunities for the development and diversification of financial instruments in the capital market of Moldova. It should be noted that on September 9, 2021, the Parliament recalled all members of the Administrative Council of the National Commission for the Financial Market in full force after it recognized the activities of the members of the NCFM Administrative Council as “unsatisfactory and inefficient”. On October 7, 2021, the MPs approved Vitaliie Lemne as member and vice-chairman of the Administrative Council of the NCFM for a period of 5 years. According to the Law on the National Financial Market Commission, its Administrative Council is a collegiate body consisting of 5 members, including the chairperson, 2 vice-chairmen and 2 members. The NCFM is a public autonomous body responsible to the Parliament and responsible for regulating and licensing the activities of participants in the non-banking financial market, as well as supervising their compliance with the law. // 21.01.2022- InfoMarket.
