Moldindconbank announces an important change at the executive level. Alexander Picker is ending his term as Chairman of the Bank’s Managing Board, and Nikolay Borissov will take over the position. The decision has been approved by the Bank’s Board of Directors and is pending validation by the National Bank of Moldova (BNM).

Alexander Picker, appointed to the position in early March 2023, is a banker with over 30 years of experience in international finance. During his tenure, Mr. Picker has focused on digitalization, team building, and bringing the bank closer to its customers. During this period, Moldindconbank has made significant progress in strengthening its position in the Moldovan banking market. Under his leadership, the bank continued the process of modernization and operational efficiency, including the transition to the “B2” IT system, strengthened its status as a leading player in the mortgage lending market, and recorded solid growth in all key segments, including loans, deposits, cards, and digital services.

Banking is fundamentally based on trust – a quality that must be earned over time. Although banking is indeed more of a marathon than a sprint, it can also be viewed as a relay race, in which the baton is passed smoothly from one runner to another at full speed, maintaining momentum throughout.

At Moldindconbank, this leadership baton is expected to be passed this autumn from Alexander Picker to Nikolay Borissov. Nikolay Borissov previously accelerated the bank’s growth from 2019 to 2022 following the acquisition of the institution by Doverie, a Bulgarian investment group. On May 2, he was approved by the NBM as a member of the Bank’s Board of Directors.

Borissov has extensive experience in banking and is a representative of Doverie-invest EAD in Bulgaria, the majority shareholder of Moldindconbank. He has been actively involved in the bank’s assessment and transformation process since 2019. In the past, he held important positions at DSK Bank AD, Doverie-invest, and Doverie-united holding, with expertise in strategic management and banking development.

By this change, Moldindconbank aims to continue its path of consolidation and modernization, relying on Nikolay Borissov’s proven experience in managing the institution.

Moldindconbank – mereu alături!