Former private pension CEO speaks out - Azi

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One of the eight private pension firm CEOs who lost or gave up their positions less than one year since the start of the system has agreed to speak to ZF about the reasons behind his departure and about the huge amount of pressure a pension CEO faces each day.

"Executives are the ones legally responsible for the company"s actions and laws and norms in the field of private pensions come with very harsh penalties, in some cases a seven years" prison sentence. In addition, because of the...

Read the whole story in: Ziarul Financiar

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