Mrs. Vasilika Vjero

Mrs. Vasilika Vjero was born in Tirana in 1976.
Mrs.Vjero graduated from the University of Tirana, Faculty of Economics, Department of Business Administration in 1998. In 2003 she completed a master’s degree from the University of Nebraska, Lincoln USA, and University of Tirana, Faculty of Economy. She has also been trained in economic growth by Harvard Kennedy School.
Ms. Vjero has held senior management positions, such as General Director of Taxes, General Director of the National Business Center, General Director of the Albanian Road Authority. In her career she counts more than 10 years of work experience for the Municipality of Tirana in the management of the Tax Administration and the Department of Strategic Planning and local budgets, as well as a series of experiences as a financial expert with foreign donors. She has also served as an expert independent fiscal and budget for local government in Albania for a total of 24 municipalities and communes throughout the country.
Ms. Vjero speaks english and italian.

Mr. Genc Mamani

Genci Mamani is the General Director of the Albanian Deposit Insurance Agency and at the same time a member of its Steering Council.
Mr. Mamani, graduated in 1991 at the University of Tirana, Faculty of Economics, Department of Finance.
In 2001 he completed postgraduate studies at the University of Wisconsin – La Cross, USA, in finance – banking and in 2012 he postgraduate at master’s level in Business Administration at the International Hellenic University, in Thessaloniki, Greece.
Mr. Mamani started his career in 1991 as an economist at the Central Bank of Albania. He pursued his career by holding managerial positions on different commercial banks such as FEFAD Bank (actually Pro Credit Bank), the Italian-Albanian Bank and further on to be back at the Bank of Albania until late 2015. In July 2015 he took over as General Director of the Deposit Insurance Agency.
Mr. Mamani is fluent in English and Italian.

Mr. Donald Duraj

Mr. Donald Duraj was appointed Chairman of the Board of Directors of the Deposit Insurance Agency in 2015. He has a progressive career of more than 15 years in the banking system, an integral part of which have been quite active and successful achievements within various prestigious local financial institutions and those in the international network such as Austria, Poland, Slovakia, Ukraine and Belarus. Since 2015, Mr. Duraj holds the position of Chief of Staff of the Governor of the Bank of Albania with the responsibility of advising, assisting, monitoring and coordinating all issues related to the progress and proper functioning of the Governor’s Office and other departments of the Bank of Albania. From 2010 to 2015 Mr. Duraj was Head of Commercial Organization and Market Development Sector at Societe Generale Bank in Albania playing a key role in the strategic direction, short-term and long-term planning, setting key objectives, coordinating inter-divisional and inter-institutional relations, locally and internationally, with public and private companies, et cetera. During this period Mr. Duraj has successfully led at least 15 projects, among the most important ones for the Bank, and with a direct impact on the expansion of activity in the local market and with an increase in profitability. Mr. Duraj worked from 2005 to 2010 at Raiffeisen Bank Albania and Raiffeisen International Austria covering key operational and strategic positions. The most important of them were Head of Individuals Segment, Head of Consumer Credit Products, Project Manager in the “Retail Leadership” Program at Raiffeisen International Austria, etc. Mr. Duraj has graduated at the Faculty of Economics, Department of Finance, Banking Profile, at the University of Tirana.

02/01/2018

The Albanian Deposit Insurance Agency signs contracts with agent banks selected in the preliminary list.

The Albanian Deposit Insurance Agency has signed contracts with agent banks which have been selected winners from the procedure conducted for this purpose, in the framework of regulation “On the compensation of insured deposits”, approved by the Governor of the Bank of Albania through order no. 3762, date 18.07.2016. Through this procedure, the National Commercial Bank sh.a., Raiffeisen Bank sh.a. and Intesa Sanpaolo Bank Albania sh.a. have been selected in the preliminary list for carrying out the payout of insured depositors in the compensation process.

The agent bank is a very important element in the compensation process, if the need for such a process arises in the future. The agent bank will be the bank that will pay out depositors on behalf of the Agency, in the event a subject member of the deposit insurance scheme is put under compulsory liquidation through a decision of the Bank of Albania (Supervisory Authority).

The selection process of the agent bank undergoes two phases. The first phase is the assessment of the banks members of the scheme which have presented their interest in the process, in accordance with general and technical conditions as envisaged by regulation “On the compensation of insured deposits”. This phase was concluded by the selection and signing of contracts with these three banks. After being put in the preliminary list, these banks will continue their day-to-day activity as usual and will be put on hold for an eventual insurance event. Among others, the banks will be requested to prepare and train for a payout scenario in accordance with the contracts’ terms of reference, which also includes participation in a simulation exercise of an insurance event organized by the Agency.

In the second phase, in case of an insurance event, these three banks will be requested to submit offers with regard to carrying out the payout of depositors in the compensation process. After consideration of the offers received, the Agency will choose which bank will be selected

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