Makar Stoyanov
He currently holds the position of vice president and supervisor of the financial department. According to the bank’s statement, Giorgi Shagidze will ensure a smooth transition of power after the successful completion of the president’s term. Marcel Teleuke, Vice President and the oldest member of the Board of maib, will act as CEO until the approval of Makar Stoyanov by the NBM.
Makar Stoyanov joined maib in February 2022 as Vice Chairman of the Board, Supervisor of Financial Management. He played a key role in minimizing volatility in the aftermath of the large-scale invasion of Ukraine, helping to protect liquidity, capital and maintain risk management discipline while advancing the bank’s transformation agenda.
Previously, Makar Stoyanov spent 7 years at McKinsey focusing on strategy, finance and risk, digital transformation, and core operations of financial institutions. Prior to that, he held positions at KBC and ING, gaining diverse experience in finance, risk management and budgeting.
Macar Stoianov holds a Master of Business Administration (MBA) from Vlerick Business School, Master’s and Bachelor’s degrees from the Bucharest Academy of Economic Studies, is a Certified Financial Analyst (CFA) and a GARP Certified Financial Manager (FRM). Originally from Congaz, he is fluent in Romanian, English, Russian and Gagauz.
maib is the largest bank in the Republic of Moldova, accounting for 36.3% of total deposits and 38% of total loans in the banking system at the end of the second quarter of 2025.
As of 2018, maib’s largest shareholder is a consortium comprising the European Bank for Reconstruction and Development (EBRD), Invalda INVL, the largest asset management group in the Baltic States, and Horizon Capital, a private investment fund focused on emerging markets.
