Change at Hellenic Bank after shock departure of CEO

Our News / Change at Hellenic Bank after shock departure of CEO

26 Aug 2020

Career banker Constantinos Loizides is returning to Hellenic Bank as its new chief executive after 15 years, following the unexpected resignation Wednesday of CEO Ioannis Matsis, media reports said.
Matsis stepped down after 40 months at the helm of the island’s second-largest lender, a surprise decision that had immediate effect.
No explanation has been provided so far.
He was appointed to the bank’s board in December 2013, representing the ‘new guard’ as shareholders and new investors rescued the bank from collapse with own funds, avoiding a bailout similar to what happened at Bank of Cyprus and Laiki Popular, with the latter eventually crumbling.

https://www.financialmirror.com/2020/08/26/change-at-hellenic-bank-after-shock-departure-of-ceo/

 

RELATED NEWS

26 Aug 2020

Change at Hellenic Bank after shock departure of CEO

Career banker Constantinos Loizides is returning to Hellenic Bank as its new chief executive after 15 years...

01 Aug 2020

Cyprus, Israel try to resolve gas dispute

Stalled Cyprus-Israel talks seem to be on the right track in a rights dispute over the Aphrodite gas.

01 May 2020

Eurobank Cyprus Financial Results end of year 2019

Strategically the business model of Eurobank Cyprus is based on five pillars:

01 Apr 2020

Loan installment and interest suspension - COVID-19

Bank responding to the adverse conditions due to the Covid-19 pandemic and based on the Decree issued by the Ministry...

Contact us

Enter security code:
 Security code