Bank of Cyprus Holdings PLC Appointment of Chief Executive Officer (2307K)
August 27 2019 - 2:07AM
UK Regulatory
TIDMBOCH
RNS Number : 2307K
Bank of Cyprus Holdings PLC
27 August 2019
Announcement
Appointment of Chief Executive Officer
Nicosia, 27 August 2019
Bank of Cyprus Holdings Public Limited Company ("BOC Holdings"
and, together with its subsidiaries, the "Group") announces that on
26 August 2019 the European Central Bank approved the appointment
of Mr Panicos Nicolaou as the Group Chief Executive Officer and
Executive Member of the Board of Directors of Bank of Cyprus Public
Company Limited. The appointment is also effective for the Board of
Directors of BOC Holdings.
Mr Panicos Nicolaou will take up his duties on 1 September
2019.
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 4,155 staff worldwide. At
30 June 2019, the Group's Total Assets amounted to EUR21.9 bn and
Total Equity was EUR2.5 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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END
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