A NEW BOARD TEAM ELECTED BY THE FOREIGN INVESTORS COUNCIL

The Foreign Investors Council, the association of the leading foreign investors in Romania, elected a new Board of Directors for the next twelve months at its recent General Assembly.
At its first meeting, the Board thanked Mr. Salvatore Candido, the outgoing President, for his contributions to the activities of the Foreign Investors Council during his mandate. Mr. Candido, Director, Romania for EBRD, has been closely associated with the growth and development of the Foreign Investors Council.

The Board elected Mr. Fergus Cass, Chairman of Unilever South Central Europe, as the new President of FIC. The Board also elected Mr. Christian Esteve, Renault Director for Eastern Countries, Mr. John Saunders, Chief Financial Officer of Kvaerner IMGB and Mr. Gilbert Wood, Managing Director of Hall, Dickler Romania as Vice Presidents.

Board Position Individual Company Title
President Fergus Cass Unilever South Central Europe Chairman
Vice President Christian Esteve Renault Director for Eastern Countries
Vice President John Saunders Kvaerner IMGB Chief Financial Officer
Vice President Gilbert Wood Hall, Dickler Romania Romania Managing Director
Treasurer Jean Pierre Vigroux Pricewaterhouse
Coopers
Chief Executive Officer
Board Member Salvatore Candido European Bank for Reconstruction and Development Director, Romania
Board Member Kurt Habersatter Holcim Chief Executive Officer
Board Member Paul Hutton Athenee Palace Hilton General Manager
Board Member Robert Luke GED Capital Development General Manager
Board Member Serge Monier Zaharul Oradea President
Board Member
Bernard Moscheni Orange Romania Chief Executive Officer
Board Member
Veronica Savanciuc Lowe Lintas GGK President & CEO
Board Member
Zdenek Turek Citibank Romania President, Council of Administration
Board Member
Steve Woodward URSUS President


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