Appointment of New Director

RNS Number : 6020D

Bank of Cyprus Holdings PLC

27 April 2017

 

Announcement

Appointment of New Director

Nicosia, 27 April 2017

The Board of Directors of both Bank of Cyprus Holdings Public Limited Company ("BOC Holdings" and, together with its subsidiaries, the "Group"), and Bank of Cyprus Public Company Limited (the "Bank") at their corresponding meetings held on 27 April 2017, decided to appoint Ms Anat Bar-Gera as a member of the Board of Directors on each of these boards. The appointment on the Bank's Board of Directors is subject to approval by the European Central Bank (ECB). Once approved by the ECB, Ms Bar- Gera will also participate as a member of the Technology Committee.

Ms Bar-Gera is the Chairwoman of Cyverse since 2015, a leading Switzerland-based cyber-security company established with the aim of providing access to the most advanced cyber-security solutions coming out of Israel and Silicon Valley. Ms Bar-Gera is currently a member of the expert network of the World Economic Forum and a former member of the Global Agenda Council on the future of the internet, of the World Economic Forum.

Prior to this and for more than 20 years, Ms Bar-Gera co-founded, scaled and exited a number of telecom and internet international companies operating primarily across Europe and Africa. In 1988, she joined UBS in Switzerland as an Associate in the M&A's department, where she initiated and executed pan-European deals, especially in the high tech area.

Ms Bar-Gera graduated from INSEAD, France with an MBA in 1987 and from the Hebrew University, Israel, with a Bachelor of Laws (LL.B.) in 1983.

Group Profile

Founded in 1899, Bank of Cyprus Group is the leading banking and financial services group in Cyprus. The Group provides a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. The Group operates through a total of 127 branches, of which 122 operate in Cyprus, 1 in Romania and 4 in the United Kingdom. Bank of Cyprus also has representative offices in Russia, Ukraine and China. The Bank of Cyprus Group employs 4.284 staff worldwide. At 31 December 2016, the Group's Total Assets amounted to €22,2 bn and Total Equity was €3,1 bn.

 

 

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