Bank of Cyprus Holdings PLC Appointment of New Directors (6886C)

TIDMBOCH

RNS Number : 6886C

Bank of Cyprus Holdings PLC

23 January 2018

Announcement

Appointment of New Directors

Nicosia, 23 January 2018

Bank of Cyprus Holdings Public Limited Company ("BOC Holdings" and, together with its subsidiaries, the "Group"), and Bank of Cyprus Public Company Limited (the "Bank") at their corresponding meetings held today, 23 January 2018, decided to appoint Ms Pola Hadjisoteriou and Ms Maria Philippou as members of the Board of Directors on each of these Boards, subject to approval by the European Central Bank ("ECB"). Once approved by the ECB, Ms Hadjisoteriou will also participate as a member of the Audit Committee and the Risk Committee, while Ms Philippou will participate as a member of the Human Resources & Remuneration Committee.

Ms Hadjisoteriou is a Chartered Accountant and a member of the Institute of Chartered Accountants of England and Wales (ICAEW).

Ms Hadjisoteriou started her accountancy career at Howard, Wade & Jacob before moving to PricewaterhouseCoopers. Following a six-year tenor at the Latsis Group of Companies as Deputy General Manager of Internal Audit, she embarked between 1988-2015 on a career in Banking, at first with Eurobank Ergasias S.A as Group Chief Financial Officer and then with National Bank of Greece as Deputy Chief Executive Officer & Chief Financial Officer. Currently, Ms Hadjisoteriou serves as an advisor to the Latsis Group of Companies in the UK.

Ms Philippou holds a degree in Business Administration, from Nottingham Trent University and a Master of Science in Human Resources Management, from Brunel University.

Ms Philippou started her career as an HR Consultant with KPMG Greece, before moving to the Lambrakis Press Group as HR Generalist. Having spent three years with Eurobank Ergasias S.A as Compensation & Benefits Manager, in 2006 she moved to the Coca Cola Company Group, progressing through various roles such as Rewards Manager and HR Business & Strategic Partner to her current position as Global Talent & Development Director.

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 123 branches, of which 121 operate in Cyprus, 1 in Romania and 1 in the United Kingdom. Bank of Cyprus also has representative offices in Russia, Ukraine and China. The Bank of Cyprus Group employs 4,319 staff worldwide. At 30 September 2017, the Group's Total Assets amounted to EUR22.9 bn and Total Equity was EUR2.6 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 23, 2018 08:32 ET (13:32 GMT)