Bank of Cyprus Holdings PLC Ethics, Conduct and Culture Committee (ECCC) (3668V)
December 02 2019 - 8:50AM
UK Regulatory
TIDMBOCH
RNS Number : 3668V
Bank of Cyprus Holdings PLC
02 December 2019
Announcement
Ethics, Conduct and Culture Committee (ECCC)
Nicosia, 2 December 2019
Bank of Cyprus Holdings Public Limited Company announces the
establishment of a new Board Committee namely the Ethics, Conduct
and Culture Committee (ECCC). The ECCC will provide oversight and
approval of key ethics matters, oversee the workings of the
Disciplinary Committee, decide on matters of conduct and
reputational risk and handle issues of Corporate Social
Responsibility with an aim of setting and maintaining the right
risk, control, customer-centric and economic prosperity
culture.
The composition of the ECCC is as follows:
Ioannis Zographakis (Chairperson)
Lyn Grobler
Maria Philippou
Panicos Nicolaou
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, of which
11 operate as cash offices. Bank of Cyprus also has representative
offices in Russia, Ukraine and China. The Bank of Cyprus Group
employs 4,134* staff worldwide. At 30 September 2019, the Group's
Total Assets amounted to EUR21.1 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.
*The Bank of Cyprus Group employed 4,134 staff worldwide as at
30 September 2019. The number of staff has been reduced by c.470
employees following the completion of a voluntary staff exit plan
in October 2019.
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END
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