Appointment of New Director

RNS Number : 7290Q
Bank of Cyprus Holdings PLC
01 March 2021
 

Announcement

 

Appointment of New Director

 

Nicosia, 1 March 2021

 

 

 

 

Bank of Cyprus Holdings Public Limited Company ("BOC Holdings") announces that on
26 February 2021 the European Central Bank approved the appointment of Mr Nicos Sofianos as a member of the Board of Directors of Bank of Cyprus Public Company Limited. The appointment is also effective for the Board of Directors of BOC Holdings.

 

Mr Nicos Sofianos will chair the Audit Committee and participate as a member of Risk Committee.

 

The new composition of the Audit Committee is as follows:

 

Nicos Sofianos (Chairperson)

Arne Berggren

Paula Hadjisotiriou

Michael Heger

Ioannis Zographakis

 

The new composition of the Risk Committee is as follows:

 

Ioannis Zographakis (Chairperson)

Maksim Goldman

Paula Hadjisotiriou

Nicos Sofianos

 

 

 

 

 

 

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 95 branches in Cyprus, of which 11 operate as cash offices. Bank of Cyprus also has representative offices in Russia, Ukraine and China. The Bank of Cyprus Group employs 3,572 staff worldwide. At 31 December 2020, the Group's Total Assets amounted to €21.5 bn and Total Equity was €2.1 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.

 

 

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