26th Feb 2019 15:31
LONDON (Alliance News) - Bank of Cyprus Holdings PLC said Tuesday it appointed Efstratios-Georgios Arapoglou to its board of directors.
Arapoglou is being considered by the board as possible new chair of the company as Chair Josef Ackermann will leave in May after the firm's annual general meeting.
Arapoglou is a "well-known and highly reputed" financial expert and consultant, Bank of Cyprus said.
He is currently Chair of Titan Cement, an international cement firm listed in Athens.
Previously, he has served as chair and CEO of the National Bank of Greece Group, chair of the Hellenic Banks Association and as a member of the board of Eurobank.
Furthermore, he has held senior management positions with Citibank and Chase Manhattan in the UK and with American Express in Greece.
Bank of Cyprus shares were trading up 1.6% at EUR1.02 on Tuesday.
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