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The National Bank approved Mr.Herbert Stepic and Mr.Thomas Higgins as members of the Board of Directors of the Bank


On 27.04.2020, the Executive Board of the National Bank of Moldova (NBM) approved Mr. Herbert Stepic and Mr. Thomas Michael Higgins, as members of the Board of Directors of the BC „Moldindconbank” S.A., who have distinct experience in the international financial and banking field.

Thus, Dr. Herbert Stepic has been recognized as an expert of highly professional value and integrity, working for over 30 years in the Raiffeisen Banking Group in Austria, Slovakia, Hungary, the Czech Republic, Bosnia and Herzegovina and 9 other countries. From 2001 to 2013, he was CEO of Raiffeisen International Bank-Holding AG and the driving force of its development into one of the leading banking groups in Central and Eastern Europe. Mr. Herbert Stepic holds a doctorate in Economics and Commerce, Vienna University of Economics and Business Administration, as well as other numerous prestigious awards.

Mr. Thomas M. Higgins has over 25 years of experience in the financial and banking field. In the past years held the position of Member of the Supervisory Board of Tokuda Bank AD., Bulgaria. Also, he is Deputy Chairman of the Board of Directors of "EMP Invest Bulgaria" JSC, (Empower Capital), previously holding managerial positions in various lending institutions, insurance companies and investment funds, including “Axxess Capital”, “Bulgarian-American Enterprise Fund” (BAEF), “Bulgarian-American Credit Bank” J.S.C., etc.

After the approval of these two new members, the Board of Directors of the BC „Moldindconbank” S.A. meets the full membership criteria. It will operate in line with modern standards and the Bank's objectives aligned with a well-consolidated professional vision.

The other members of the Board of Directors: Nikolaos Barlagiannis, Nikolay Nikolov, Ana Spinu, Tamjid Hossain Basunia and Gaël Jean-Marie Ghislain Gérard du Breil de Pontbriand were approved by the NBM on November 29, 2019.

The approval of all members of the Board of Directors, successfully completed the process of the BC „Moldindconbank” S.A. top management consolidation, that allow the new European investor "Doverie United-Holding AD" to further develop the strategy of an efficient and innovative bank.

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