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BoC Welcomes New Director

BoC Welcomes New Director

The Board of Directors of the Bank of Cyprus has welcomed the appointment of a new Director, Michael Heger, subject to approval by the European Central Bank.

The decision was taken during a Board meeting held on 18 December 2015.

Once approved, Heger will also participate as a member of the Human Resources & Remuneration Committee. 

Heger holds a degree in Law from the University of Vienna, Austria, and undertook postgraduate studies in the College of Europe, Faculty of Law, Bruges, Belgium. 

He has extensive financial and banking experience. He is the General Manager, Finance and Investment of S.I.F. International S.A., Luxembourg. He has held the position of the General Manager and CEO of Metal Trade Overseas AG, Zug, Switzerland and he has held executive positions at MPH Management and Participation Holding S.A., Vienna and Raiffeisenlandesbank Niederösterreich - Wien AG, Vienna. 

Furthermore, between 1982 and 2001, Heger held a variety of executive positions at UniCredit Bank Austria Group.

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