Approval of Appointment of New Director

RNS Number : 3629W

Bank of Cyprus Holdings PLC

08 February 2017

 

Announcement

Appointment of New Director

Nicosia, 08 February 2017

 

Bank of Cyprus Holdings Public Limited Company ("BOC Holdings" and, together with its subsidiaries, the "Group") announces that on 7 February 2017 the European Central Bank approved the appointment of Ms Lyn Grobler as a member of the Board of Directors of Bank of Cyprus Public Company Limited (the "Bank"). The appointment is also effective for the Board of Directors of BOC Holdings.

Ms Lyn Grobler will chair the new Board Technology Committee, which will guide and lead the Bank's work in the area of information technology, including the digitalisation of its banking operations. The composition of the Technology Committee is as follows:

Lyn Grobler (Chairperson)

Ioannis Zographakis

Michael Heger

Group Profile

Founded in 1899, Bank of Cyprus Group is the leading banking and financial services group in Cyprus. The Group provides 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 Group operates through a total of 129 branches, of which 123 operate in Cyprus, 1 in Romania, 4 in the United Kingdom and 1 in the Channel Islands. Bank of Cyprus also has representative offices in Russia, Ukraine and China. The Bank of Cyprus Group employs 4.229 staff worldwide. At 30 September 2016, the Group's Total Assets amounted to €22,4 bn and Total Equity was €3,1 bn.

 

END

 

 

BOAEADAPEEXXEFF