Victor Cionga

Managing Director
AZ Capital Advisors

Victor Cionga is the Managing Director of AZ Capital Advisors. His activity ranges from preparing and closing various M&A deals for both foreign and local companies and generating new transactions.

Victor was involved in several privatisations on both buyer’s and seller’s sides. While working as general manager for Raiffeisen Financial Advisors Romania, Victor was directly involved, on the buyer’s side, in one of the largest privatization deals in Romania: the selling of the majority stake of Sidex Galati and leader in manufacturing metallurgical products to LNM Holdings, nowadays Archelor Mittal, the world leading integrated steel and mining company. As the deputy CEO of Raiffeisen Capital & Investments, he was involved in the process of listing of several Romanian companies and in the launch on the local capital markets of the first large bond issues of local private companies.

Victor was member of several Board of Directors such as Arctic Gaesti and Hidroelectrica’, the first had EBRD and one of SG Private Equity Funds as main shareholders who existed by selling to Beko. Currently, he is the President of the BoD of Electrica a company listed last year, in which the State’s stake is now 48.78%.

Last but not least, one of the most challenging experiences Victor had, was as the head of the Bucharest Stock Exchange, where he had started a set of changes aiming at improving the listing process of local companies and a new framework for corporate governance.