Mr. Stanescu is an Romanian citizen, Educated at the Academy for Economic Studies in Bucharest, Mr. Stanescu graduated magna cum laudae in 1988. 

Mr. Stanescu further improved his education by getting his Ph.D. degree in 1998 and by attending a variety of courses and internships with the World Bank, the Bank of England, the U.S. Securities and Exchange Commission, Chase Manhattan Bank, Merrill Lynch. 

Mr. Stanescu served as Capital Markets Advisor to the Governor of the National Bank of Romania. Mr. Stanescu is an U.S. S.E.C. Series 65 Investment Advisor with Danzell Investment Management, an investment advisory firm in the United States of America and headed for the last 19 years the CEE operations of King’s Place Advisors, an investment banking boutique, active in M&A and Project Financing.