Vulpescu will take over after July 1, pending approval by the Financial Supervisory Authority (ASF). He is replacing Adrian Tănase, whose mandate expires at the end of June. Tănase has been CEO of the BVB since 2018.

Vulpescu is a lawyer and holds an MBA from Tiffin University and Bucharest University.

He has held various positions in the public sector, including board and administration positions at companies such as Hidroelectrica, Transelectrica, Transgaz, Cupru Min, and Romaero.

Currently, he is a Board Member at Nuclearelectrica and CEO/Special Administrator of the private company Armgax Gaz.