Sunday, September 14, 2014

Bank of Portugal confirms Stock Eduardo da Cunha as new … – Reuters

Bank of Portugal confirms Stock Eduardo da Cunha as new … – Reuters

target of an invitation from the governor as the weekly Expresso advanced firsthand Stock da Cunha will thus replace the command of ‘good bank’ that resulted from the separation of the BES, Vitor Bento administrator who began play these functions, but a few weeks after being sworn in, resigned.

In the note published today by the Bank of Portugal (BoP), you can still read that the Stock da Cunha team are still part Jorge Freire Cardoso, Vitor Fernandes and José João Guilherme.

According enhances bop, Eduardo da Cunha Stock “has a long history of success in both domestic and international financial sector. Currently played roles of director at Lloyds Banking Group (LBG) in London, having worked twenty years as an administrator in Santander Totta Group and later at Sovereign Bank / Santander Bank NA in the United States. “

Following the proposals of Stock Eduardo da Cunha as president, “the new board of directors of New Bank will integrate Dr. Jorge Freire Cardoso [so far administrator CGD), as the administrator responsible for the financial area, also featuring Dr Victor Fernandes [ex-administrator in BCP and CGD group and so far the Caixa Banco de Investimento] and José João Guilherme [former framework of BCP and former CEO of the Mozambican BIM] ‘, detailing the statement of the supervisor.

The management team subsitui to Vítor Bento, which however turned away by disagreements background with the Bank of Portugal and the Resolution Fund ,, and take office ‘as soon as finalized in the coming days due the previous procedures including the formalization of providing (‘leave of absence’) at Lloyds Banking Group (LBG) and CGD (CGD) agreements, “explains the information the institution led by Governor Carlos Costa <.! - - infotext1 -> <----> <-! infotext2 ->

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