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Octavian Armașu

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Octavian Armașu
Portrait, 2018
Governor of the National Bank of Moldova
In office
30 November 2018 – 21 December 2023
Preceded bySergiu Cioclea
Succeeded byAnca Dragu
Minister of Finance
In office
20 January 2016 – 30 November 2018
PresidentNicolae Timofti
Igor Dodon
Prime MinisterPavel Filip
Preceded byAnatol Arapu
Succeeded byIon Chicu
Personal details
Born (1969-07-29) 29 July 1969 (age 55)
Chișinău, Moldavian SSR, Soviet Union
Alma materTechnical University of Moldova

Octavian Armașu (born 29 July 1969) is a Moldovan politician.

Octavian Armașu was appointed as Governor of the National Bank of Moldova (NBM) on 30 November 2018, succeeding Sergiu Cioclea at this post.

In December 2023, the Moldovan government dismissed Armașu over concerns he failed to act over Moldova's "theft of the century" fraud scandal in which $1 billion disappeared from the country's banking system in 2014-15.[1]

Professional experience

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At the date of his appointment, Mr. Octavian Armașu had over 22 years of experience in the financial – economic sector.[2]

  • 2016–2018: Minister of Finance of the Republic of Moldova
  • 2004–2016: Financial Director (CFO), Südzucker Moldova, Republic of Moldova
  • 2001–2004: Head of Controlling (planning, budgeting, financial analysis, strategic financial planning), Südzucker Moldova, Republic of Moldova
  • 1999–2001: Controller, Südzucker International GmbH
  • 1997–1999: Senior Consultant, Honest Business Consulting, Moldova-Dutch Joint Venture
  • 1996–1997: Sales Manager, Glass Container Company, Republic of Moldova

Education

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Other actities

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Personal life

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Armașu is married and has two children.

References

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  1. ^ Tanas, Alexander. "Second man jailed in Moldova's 'fraud of the century'". SWI swissinfo.ch. Retrieved 3 July 2024.
  2. ^ CV of Octavian Armasu
  3. ^ Board of Governors International Monetary Fund (IMF).
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Political offices
Preceded by Minister of Finance
2016–2018
Succeeded by
Preceded by Governor of the National Bank of Moldova
2018–2023
Succeeded by