Board of Directors

Daniela Maior

Chairman of the Board of Directors

With nearly 20 years of experience in capital markets, Daniela Maior is one of the leading voices in Investor Relations and capital market development in Romania. Her work focuses on helping companies strengthen investor trust, enhance market positioning and navigate complex financing and capital access processes, from fundraising readiness and IPO execution to long-term positioning in relation to investors.

Daniela was selected by the European Bank for Reconstruction and Development (EBRD) to lead the first “Investor Relations and Liquidity” Program implemented in Romania, a landmark initiative dedicated to improving investor communication and liquidity for listed companies.

She is the co-founder and President of ARIR – the Romanian Investor Relations Association, an organization which, within eight years since its establishment, has brought together companies representing over 90% of the Bucharest Stock Exchange’s market capitalization, contributing to the advancement of transparency, corporate governance and Investor Relations standards in Romania.

Daniela holds a PhD in Finance from the Bucharest University of Economic Studies.

Ioan Șumandea-Simionescu

Member of the Board of Directors

Ioan Șumandea-Simionescu is currently Director of Sustainable Corporate Governance and International Financial Markets at Banca Transilvania. Ioan has significant practical experience in the field of corporate governance in the financial and capital market sectors. Also, Ioan has legal experience in the field of banking law, commercial law and capital market law, participating and providing legal support in numerous projects within the Banca Transilvania Financial Group, both in Romania and in other countries. Ioan is an associate professor at the Faculty of Law of Babeș-Bolyai University and a member of the Center for Company Law & Corporate Governance (UBB).

Liviu Vatavu

Member of the Board of Directors

Liviu Vatavu is currently the Legal Director of Antibiotice. The main activities it deals with are: providing legal advice to the company’s structures, protecting intellectual property rights, drawing up Internal Codes and Regulations and monitoring their compliance, drawing up and/or endorsing contracts, representing the company in the courts of law.

Monica Ivan

Member of the Board of Directors

Monica Ivan is the CEO of BRK Financial Group, holding this position since 2019. She has an experience of over 25 years on the Romanian capital market, holding management positions in financial investment services companies, such as: Delta Valori Mobiliare and SSIF Blue Rock Financial Services, and within some capital market institutions, among which: Depozitarul Sibex, Casa Română de Compensație, Fondul de Compensare a Investitorilor și Bursa Monetar-Financiar și de Mărfuri Sibiu.

Coordinating the Investor Relations function within BRK, she has significantly contributed to the implementation of best practices in the relation with investors and in this mandate, she aims to expand the membership base by promoting ARIR among issuers and potential issuers.

Raluca Kasap

Member of the Board of Directors

Raluca Kasap is the Head of Investor Relations at Electrica, where she established the department 11 years ago and has since continuously developed and refined the company’s communication with investors and capital markets. Prior to this role, she worked in entrepreneurship and project management, leading international projects in dynamic and multicultural environments. At Electrica, Raluca oversees the dialogue between investors and company management, consistently promoting transparency, honesty, and proactivity in capital market communications.

Alexandra Țițan

Member of the Board of Directors

Alexandra Tițan joined ROCA Industry in April 2022, bringing extensive experience in investor relations and financial analysis. With a career spanning more than 15 years, she has held key positions in renowned companies and financial institutions.