Election of Chairman

RNS Number : 0936C

Bank of Cyprus Holdings PLC

13 June 2019

 

Announcement

Election of Chairman

Nicosia, 13 June 2019

Bank of Cyprus Holdings Public Limited Company ("BOC Holdings" and, together with its subsidiaries, the "Group") announces that on 12 June 2019 the European Central Bank approved the election of Mr Efstratios-Georgios (Takis) Arapoglou as an independent non-executive member and Chairman of the Board of Directors of Bank of Cyprus Public Company Limited. The election is also effective for the Board of Directors of BOC Holdings.

Mr Takis Arapoglou will also participate as Chairman of the Nominations and Corporate Governance Committee.

The new composition of the Nominations and Corporate Governance Committee is as follows:

Takis Arapoglou (Chairman)

Maksim Goldman

Lyn Grobler

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 4,156 staff worldwide. At 31 March 2019, the Group's Total Assets amounted to €21.7 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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