Board of Directors

Born in 1984, Mr. Diaconu has nearly 15 years of experience in central public administration, holding various leadership positions, including Deputy General Manager, Deputy General Secretary, and General Secretary in the Ministry of Finance.

Since February 2022, Mr. Diaconu has held the position of Secretary of State in the Ministry of Finance. In this capacity, he has coordinated the drafting and approval of normative acts within the Ministry of Finance’s area of competence, the development and implementation of the information and communication technology strategy aimed to improve public finance services, and the management of state aid schemes implemented by the Ministry of Finance.

Currently, Mr. Diaconu oversees the management of Romania’s international arbitration and judicial cases, the analysis and approval of revenue and expenditure budgets of public enterprises in central administration, the monitoring of their economic and financial indicators, and the updating of the centralized inventory of public and private state assets.

His professional activity within the Ministry of Finance began in 2014 when he was hired as a personal advisor in the office of the Minister of Public Finance, and later appointed Deputy General Secretary.

In terms of administrative leadership, Mr. Diaconu has served as a member of the Boards of Directors of “Telecommunications C.F.R.” S.A., from February to June 2021 and April to September 2022, and the National Credit Guarantee Fund for Small and Medium Enterprises, from June 2018 to December 2019.

Since April 2022, Mr. Diaconu has been a member of the Interministerial Committee for Financing, Guarantees, and Insurance.

Mr. Diaconu is a graduate of the University of Bucharest – Faculty of Administration and Business, where he also holds a master’s degree in Public Administration Management. Additionally, he has completed training and professional development programs organized by the National Institute of Administration and the Romanian Diplomatic Institute.

Mr. Diaconu was appointed by the Board of Directors of Electrica as interim non-executive director on 21 October 2024, and elected by the Ordinary General Meeting of Shareholders (OGMS) on 5 February 2025 with a mandate until 25 January 2028.

Born in 1965, Mr. Neacsu has an extensive professional experience in the field of investment management and financial markets, for almost three decades.

Mr. Neacsu is currently the CEO of the GS1 Romania Association, part of a global federation of 116 notfor-profit organizations, with an activity focused on elaborating and promotion of global standards, that aim to create a common foundation for business administration, by uniquely identifying, accurately capturing and automatically sharing information about products, locations and assets.

Until October 2019, Mr. Neacsu held the position of Chief Executive Officer, Chair of the Board of SAI Erste Asset Management SA, previously being Director, Financial Advisory Services of Deloitte Consultancy SRL. Between February-September 2005 he was State Secretary Minister, Head of State Treasury within the Ministry of Public Finance. Between July 1998 and February 2005 he held the position of President – CEO of SSIF Raiffeisen Capital & Investment S.A.

Among other relevant positions held by Mr. Neacsu: Member of the Board of Governors EFAMA (European Fund and Asset Management Association, between 2013-2016), Romania’s representative in multilateral financial institutions (Council of Europe Bank (BDCE), Black Sea Trade and Development Bank (BSTDB)), Vice-president and then President of the Romanian Association of Asset Managers (AAF, between 20082016), founding member and first Vice President of the Board of Romanian Association for Privately Managed Pension Funds (APAPR in 2004), Member of the Supervisory Board of BCR Pensii, Private Pension Fund Management Company S.A. (between 20092019), Member of CEC Bank S.A Board (between 20052006), Member of the Bucharest Stock Exchange Board of Governors (2001-2005), of the first Board after the demutualisation (2005) and between 2021 and 2024, as well as Independent Non-Executive Member of the Board of FINS IFN SA (2018-present), Board Member of the Romanian Business Leaders Foundation (2017-2023), member of the Board of “Merito” educational project (2017-present).

He is part of the first generation (1994-1995) of the Romanian-Canadian MBA Program, cooperation of UQAM and McGill Canadian universities, together with Academy of Economic Studies in Bucharest and holds a BA in Civil Engineering from Technical University Bucharest (1989).

Dragos-Valentin Neacsu is a non-executive independent member of the Board of Directors since 28 April 2021.
From 6 May 2021 to 30 July 2023, he was a member of the Audit and Risk Committee. From 17 May 2023 to 26 January 2024, he was member of the Strategy and Corporate Governance Committee and from 27 January 2023 to 26 January 2024, he was the Chair of the Climate Governance and Public Affairs Committee.

He was re-elected by Electrica’s Ordinary General Meeting of Shareholders from 26 January 2024. Starting with 12 February 2024 Mr Neacsu is a member of the Strategy and Corporate Governance Committee and Chair of the Climate Governance and Public Affairs Committee.

Born in 1980, Mr. Lotrean holds currently the position of coordinating associate of Infinexa Restructuring SPRL and extensive professional experience in the field of insolvency, coordinating as insolvency practitioner, complex restructuring projects on production of thermal energy and electricity in cogeneration (for clients such as CET ARAD SA, Electrocentrale Constanta SA), being consultant to the judicial administrator of Electrocentrale Bucuresti SA and coordinating the restructuring procedure of Hidroserv S.A.

In terms of corporate governanca, Mr. Lotrean had a significant impact as Chairman of the Board of Directors of the Municipal Company Termoenergetica Bucuresti SA between May 2021 and November 2023, a period in which the foundations were laid for the resumption of investments in the heating network in Bucharest. Previously, between September 2019 – December 2020, Mr. Lotrean held the position of Member of the Board of Directors of Electroplast SA Bistrita, between November 2007 and February 2010 he was insolvency practitioner in the professional civil company Casa de Insolventa Transilvania S.P.R.L where he participated in the management of projects for more than 50 comercial companies.

Between January 2003 – November 2007, Mr. Lotrean held the position of Financial Consultant within SC Depofarm SLR, providing consultancy for the elaboration of projects financed from European funds, the elaboration of feasibility studies, business plans and financial-fiscal consultancy. Previously, between November 2001 and December 2002, he held the position of specialized inspector within the Fiscal Control Department of the General Directorate of Public Finance Satu Mare.

Adrian Florin Lotrean is a non-executive independent member of the Board of Directors since 28th April 2021. From 6 May 2021 to 26 January 2024 he was the Chair of the Nomination and Remuneration Committee and a member of the Strategy and Corporate Governance Committee.

He was re-elected by Electrica’s Ordinary General Meeting of Shareholders from 26 January 2024. Starting with 12 February 2024 Mr. Lotrean is a member of the Audit and Risk Committee and Chair of the Nomination and Remuneration Committee.

Born in 1978, with an extensive professional experience in business development, sales and management, Mr. Cosmin Petrescu presently activates in FNGCIMM (The National Loan Guarantee Fund for SMEs), where he leads the activity of IT, State Aid and Reporting Divisions. Cosmin Petrescu is also the President of the working groups dedicated to the program IMMINVEST ROMANIA and for the relation with the European Bank of Reconstruction and Development.

Starting February 2021, he holds the position of Adviser within the Chancellery of the Prime Minister, on digitization issues.

Previously, starting with the year 2001, Mr. Petrescu held different positions within companies acting in the Oil&Gas sector where he proved competence in optimizing business processes (Lean Management).

Ion-Cosmin Petrescu is a non-executive director, member of the Board of Directors, starting 28 April 2021. From 6 May 2021 to 26 January 2024 was a member of the Nomination and Remuneration Committee.

He was re-elected by Electrica’s Ordinary General Meeting of Shareholders from 26 January 2024. Starting with 12 February 2024 Mr. Petrescu is member of the Audit and Risk Committee and of the Nomination and Remuneration Committee.

Georgiana Bogasievici is a dedicated legal professional with experience in the field of law and public administration, reflected in her varied and significant roles.

With a legal career started at the Faculty of Law of the University of Bucharest, she deepened her knowledge with a master’s degree in Civil Law and Civil Procedure at Titu Maiorescu University.

She has demonstrated proficiency in environmental management and public procurement, occupying positions of legal advisor and leader in various public and private organizations.

English and Spanish are among her advanced language skills. Ms. Bogasievici has distinguished herself through communication and interpersonal skills, stress management and adaptability, qualities that make her a valuable addition to any team.

Ms. Bogasievici was elected as a non-executive director, member of the Board of Directors, by Electrica’s Ordinary General Meeting of Shareholders from 26 January 2024. Starting with 12 February 2024 Ms. Bogasievici is member of the Climate Governance and Public Affairs Committee.

Mr. Mocanu, 41 years old, has more than 17 years of experience as a business lawyer, being involved in both consultancy activities and in dispute resolutions projects, with an emphasis on insolvency and restructuring issues, corporate law (shareholders’ rights), including the defence of the interests of persons involved in complex investigations.

Throughout his career, Mr. Mocanu has advised and represented both local and international clients, thus building solid experience in a wide range of business sectors, such as real estate, energy, banking, automotive, IT&C, industrial production, or consumer goods.

Starting from 2020, Mr. Mocanu acts also as an insolvency practitioner, managing several insolvency cases during this period, with the purpose to ensure the highest possible degree of debt recovery.

Mr. Mocanu was elected as a non-executive independent director, member of the Board of Directors, by Electrica’s Ordinary General Meeting of Shareholders from 26 January 2024. Starting with 12 February 2024 Mr. Mocanu is the Chair of the Strategy and Corporate Governance Committee and member of the Nomination and Remuneration Committee.

With over 20 years of experience, including 14 years at the heart of capital markets, Ms. Loredana-Norica Chitu has been involved as a legal advisor in a series of major transactions that have shaped Romania’s economy. Currently, she divides her professional activity between her role as a Partner at Dentons, where she coordinates M&A projects and stock listings, and—since February 2024—her position as Vice-President of the Bucharest Stock Exchange, where she contributes strategically to the governance and development of the local capital market.

Her internationally recognized expertise includes the coordination of landmark transactions, such as the historic listing of Hidroelectrica (awarded “2024 CEE Deal of the Year”), the IPOs of Premier Energy, Electrica, and Purcari, as well as major bond issuance programs for institutions like CEC Bank.

Throughout her career, she has participated in numerous mentoring projects for issuers and intermediaries through multi-billion euro listing processes, from Hidroelectrica to Electrica. Beyond her legal practice, she is dedicated to mentorship and financial education, serving as an active speaker and trainer for future generations of leaders.

Consistently ranked as a “Next Generation Partner” by Legal 500 and a “Highly Regarded / Women Leader” by IFLR1000, Ms. Loredana Chitu is appreciated for her clarity of thought and her ability to bridge rigorous legal requirements with dynamic business realities. She has been honored with both national and international awards and remains an active voice in financial regulations and corporate governance within the CEE region.

Ms. Chitu was elected as a non-executive independent director of Electrica by the Ordinary General Meeting of Shareholders from 29 April 2026.