Non-executives

Werner Alberts

Independent Non-Executive Chairman

Werner was appointed Chairman of MAS’ Board of Directors in August 2021. He is Managing Director of Capital International Bank and is a qualified chartered accountant with over 25 years’ finance experience.

Brett Nagle

Independent Non-Executive Director

Brett is a Director of Safe Mode Investment, trading as Panacea Capital, an investment management company. Prior to this he was Head of Investments for Royal Bafokeng Holdings, Non-Executive Director of Impala Platinum Holdings, Independent Non-Executive Director of Attacq and worked for Rand Merchant Bank (RMB), a division of FirstRand Bank.

Claudia Pendred

Lead Independent Non-Executive Director

Claudia was a Director of the European Bank for Reconstruction and Development (EBRD), managing the Bucharest office and later EBRD’s Property and Tourism team in London. Prior to this, she worked for the World Bank, NM Rothschild & Sons and J Henry Schroder Wagg. Claudia has over 25 years’ experience in Central and Eastern European markets and was appointed Lead Independent Non-Executive Director on 26 August 2021.

Dan Pascariu

Independent Non-Executive Director

Dan is a Non-Executive Director for Transfond, Techtex and Invoice Cash. Prior to this, he held a broad range of senior executive and non-executive positions, including Chairman of Unicredit Bank, Romania, until 2020, and Chairman of NEPI Rockcastle for nine years until his departure in 2018. He has over forty years’ experience in the Central and Eastern European banking sector, co-founding the Romanian Banking Institute and being instrumental in the Romanian banking reforms of the 1990s.

Mihail Vasilescu

Non-Executive Director

Mihail founded, and was managing partner of, Rampart Capital, a leading financial advisory company focused on corporate finance raising, debt restructuring and mergers and acquisitions advisory. Prior to this, Mihail gained substantial experience in the Romanian banking industry, via his roles as Head of Project Finance for Banca Romaneasca and associate relationship manager for Bancpost. He has twenty years of real estate and financial industry experience and is an indirect beneficiary of a minority shareholding in Prime Kapital, which he joined at inception. Mihail was appointed a Non-Executive Director on 13 December 2022.

Vasile Iuga

Independent Non-Executive Director

Vasile retired from PricewaterhouseCoopers (PwC) Romania after 26 years. He was the Managing Partner for southeast Europe and has extensive experience in international accounting standards, financial audit, corporate governance and management consultancy. He oversaw the implementation of the International Financial Reporting Standards (IFRS) in Romania and is a member of the Audit Committee of the European Investment Bank. Vasile is also Non-Executive Director of two listed entities, Alro SA and Patria Bank, chairing their audit committees. He belongs to several professional bodies, including the Association of Chartered Certified Accountants (ACCA).