Piraeus Bank Board of Directors, following a recommendation by its President, Mr. Mich. Sallas, decided, in order to further enhance the Corporate Governance structures, the clear separation of responsibilities between the Executive Chairman and the CEO. According to the decision, Mr. Mich. Sallas will assume Executive Chairman duties and Mr. Stavros Lekkakos CEO duties.
At its today's meeting, the Board accepted Mr. Konstantinos Aggelopoulos resignation. In replacement of the latter, the Board member Mr. Iakovos Georganas was elected non-executive Vice-Chairman.