Announcement
Appointment of New Director
Nicosia, 24 July 2018
Bank of Cyprus Holdings Public Limited Company ("BOC Holdings" and, together with its subsidiaries, the "Group") announces that on 23 July 2018 the European Central Bank approved the appointment of Ms Maria Philippou as a member of the Board of Directors of Bank of Cyprus Public Company Limited (the "Bank"). The appointment is also effective for the Board of Directors of BOC Holdings.
Ms Maria Philippou will also participate as a member of the Human Resources & Remuneration Committee.
The new composition of the Human Resources & Remuneration Committee is as follows:
Michael Spanos (Chairman)
Michael Heger
Anat Bar-Gera
Maria Philippou
Group Profile
The Bank of Cyprus Group is the leading banking and financial services group in Cyprus, providing 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 Bank of Cyprus Group operates through a total of 123 branches, of which 121 operate in Cyprus, 1 in Romania and 1 in the United Kingdom. Bank of Cyprus also has representative offices in Russia, Ukraine and China. The Bank of Cyprus Group employs 4,396 staff worldwide. At 31 March 2018, the Group's Total Assets amounted to €23.4 bn and Total Equity was €2.3 bn. The Bank of Cyprus Group comprises Bank of Cyprus Holdings Public Limited Company, its subsidiary Bank of Cyprus Public Company Limited and its subsidiaries.