Directorate Change

RNS Number : 9391K

Bank of Cyprus Holdings PLC

02 September 2019

 

Announcement

Resignation of Board Member

Nicosia, 2 September 2019

Bank of Cyprus Holdings Public Limited Company ("BOC Holdings" and, together with its subsidiaries, the "Group") announces that following the termination of employment of Mr John Hourican on 30 August 2019, Mr John Hourican has resigned as Executive Member of the Board of Directors of Bank of Cyprus Public Company Limited. The resignation is also effective for the Board of Directors of BOC Holdings.

The Boards would like to thank Mr John Hourican for his dedication, leadership and exceptional service to the Bank of Cyprus Group during his term as Group CEO and wish him all the best in his future endeavours.

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 108 branches in Cyprus. Bank of Cyprus also has representative offices in Russia, Ukraine and China. The Bank of Cyprus Group employs 4,155 staff worldwide. At 30 June 2019, the Group's Total Assets amounted to €21.9 bn and Total Equity was €2.5 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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