Recean Appointed to Another Position: He Joins the Management of the Moldovan Stock Exchange

The International Stock Exchange of Moldova (ISEM) was officially registered with the Public Services Agency. Former Prime Minister Dorin Recean, who represents one of the largest shareholders, the Public Property Agency, has joined the exchange’s board of directors, according to deschide.md. According to the Public Property Agency, official registration allows the ISE of Moldova to promote diversification of funding sources, increase access to capital and strengthen ties with financial markets in the region. The exchange is designed as a tool to support the private sector and long-term investment. Veronica Arpintin, former State Secretary of the Ministry of Economic Development and Digitalization, responsible for business environment development, has been appointed Director General of the ISE of Moldova. Economist Andrian Iastremschi has been appointed Deputy Director. Strategic decisions are made by the board of directors, which includes five representatives, including former Prime Minister Dorin Recean. The ISEM was established as a joint-stock company comprising financial institutions and strategic investors from the banking sector, insurance and capital market infrastructure. The shareholder structure is as follows: Bucharest Stock Exchange – 26.67%, Public Property Agency – 20%, Donaris Vienna Insurance Group – 11.67%, Maib – 10%, GRAWE Carat Asigurări – 10%, Moldindconbank – 6.67%, MK Kredit Company – 5%, OTP Bank Moldova, Moldcell and Premier Energy PLC – 3.33% each.