Under SPI Committee oversight, and with support from the Convergence Program, the SPI Secretariat supports the analyses formulated by the working groups with qualitative and quantitative evidence and adds an international perspective to the documents submitted for SPI Committee endorsement. Please review our Activity reports.

The SPI Secretariat strives to help public and private stakeholders achieve commonly-agreed solutions with evidence-based analytical approaches. Through reliance on regulatory impact assessment (RIA) techniques and associated public consultation sessions, the SPI Secretariat aims at building a Better Regulation culture in Romania.

SPI Romania is continuously seeking to improve the cooperation framework with its stakeholders. Prepared for consultations with NBR and RBA, these documents illustrate how SPI Secretariat activities complement and support those of the two stakeholders.

One of the instruments used for determining the ways to improve SPI Secretariat's role, responsibilities, and activities is the attached questionnaire that is filled in by the members of the Project Working Group at the finalization of each project.

Current Management

Maria Sultanoiu- SPI Director

E-mail: maria.sultanoiu@ibr-rbi.ro

Management 2006-2008

Ramona Bratu, Director of Bank Products and Services

Bringing to bear a long managerial experience in various Romanian banks (Unicredit Tiriac, Eximbank, Commercial Bank of Greece, Daewoo Bank and Dacia Felix Bank), Ramona has covered a variety of banking areas such as individual and corporate lending, trade finance, foreign loans and treasury.Ramona's distinctive contribution to the SPI Secretariat activities is her understanding of how laws and regulations affect the business processes and how the delivery of bank products and services could be improved through changes in regulations. After graduating from Academy of Economic Studies, Bucharest, Ramona is a PhD candidate at the same institution.

E-mail: ramona.bratu@convergence-see.eu

Oana Nedelescu, Director of Analytics and Policy & SPI Committee Secretary

Oana is particularly responsible for the elaboration of the SPI Committee documents, building on her experience with the National Bank of Romania, World Bank and International Monetary Fund and bringing the perspective of the public stakeholders in the SPI projects. Oana holds a PhD in Economics from the Academy of Economic Studies Bucharest and has post-graduate studies in international finance at George Washington University, Washington DC.

E-mail: oana.nedelescu@convergence-see.eu

Funding Arrangements

Since its creation in July 2006, the Convergence Program has funded the SPI Secretariat activities, relying on a combination of World Bank and Italian financial resources. Effective January 1, 2008, the SPI Secretariat will be entirely funded by National Bank of Romania and the Romanian Banking Association through the Romanian Banking Institute.

Its annual operating costs amount to about Euro 400 thousand. This budget covers the costs of its technical staff, of local and international experts supporting the working groups and of its management arrangements. The Convergence Program is currently expected to manage the SPI Secretariat through June 2008.

Address

Romanian Banking Institute

3 Negru Voda Street, 2nd floor, suite 213 , 030775 Bucharest

Phone + 40-21-323-66-10