Raiffeisen Asset Management will have a new director starting January next year. Razvan Szilagyi has been named to the position, a step up from his current role as sales manager and financial analyst in the Division of Treasury and Capital Markets of Raiffeisen Bank. Until now, the position was held by Mihail Ion, who will continue working at the company in its corporate banking division. Raiffeisen Asset Management manages assets of €1.2bn in Romania.