The Foreign Investors Council (FIC) has announced its new leadership team for the 2026–2027 mandate, appointing Alessio Menegazzo, CEO and Country Manager of PPC Romania, as President of the organization. Mihaela Bîtu, CEO of ING Bank Romania, and Alexandru Reff, Country Managing Partner of Deloitte Romania & Moldova, will serve as Vice Presidents of FIC, while Alexandru Lupea, Executive Board Member at EY Romania, will continue in his role as Treasurer.
The newly elected Executive Committee will continue FIC’s efforts to support Romania’s development as a competitive, stable, and attractive destination for foreign investment, while promoting a transparent and predictable business environment.
“It has been an honor to serve one year as President of the Foreign Investors Council and to work alongside such a dedicated and committed Board. I would like to sincerely thank my colleagues for their trust, collaboration, and shared vision throughout my mandate. Together, we have strengthened FIC’s role as a constructive partner in Romania’s economic development. I am confident the new leadership will continue to build on this progress and further advance our common objectives,” said Gilles Ballot, former FIC President.
“I would like to thank the Board Members for their trust and support! I am honored to take on the role of President of the Foreign Investors Council and to continue working alongside such a strong and dedicated community of business leaders. I would like to thank Gilles Ballot for his valuable leadership and contribution during this mandate. As we approach the important milestone of FIC’s 30th anniversary in 2027, we also have a valuable opportunity to reflect on our contribution to Romania’s economic development and to further strengthen our role looking ahead. We will focus on strengthening dialogue with authorities and supporting policies that enhance Romania’s competitiveness and long-term economic growth. Together, we remain committed to fostering a stable, predictable, and attractive investment environment. Romania has the opportunity to consolidate its position as a regional investment hub.” stated Alessio Menegazzo, FIC President.
The newly elected Vice Presidents, Mihaela Bîtu and Alexandru Reff, reiterated their commitment to supporting FIC’s strategic priorities and to actively contributing to initiatives aimed at improving the investment climate and advancing Romania’s economic resilience. They emphasized the importance of a country strategy and of the economic diplomacy by promoting Romania internationally with a clear objective of accelerating the foreign investment in the country, an essential pillar for economic growth.
FIC remains a trusted partner for Romanian authorities, advocating for measures that drive investment, competitiveness, and sustainable growth, while ensuring that Romania continues to strengthen its role within the European and global economy.
The Foreign Investors Council (FIC) is the association that brings together the most important foreign investors in Romania, approximately 115 of the largest companies in the country, with a cumulative turnover representing approximately 26% of the gross domestic product and a significant contribution to the state budget. Over the more than 25 years since the organization’s establishment, FIC member companies have consistently emphasized the importance of dialogue between the business community and authorities.
