WEDNESDAY, 27 JAN 2021

 

CONNECT

Facebook Linked In Twitter
GAP Vassilopoulos
GloriaJeans_266x90px
IMH LTD

Kadis: ΕU Should Protect Products With Geographic Origin Designation In Trade Agreements

Brussels Warns UK Over Downgrading EU Ambassador Status

IMH LTD

Wilbur Ross’ Dream Team

 

PREVIOUS

NEXT

 
 
 
Wilbur Ross' Dream Team

Wilbur Ross' Dream Team

Following his investment in the Bank of Cyprus, Wilbur Ross has proposal a ‘dream team’ Board of his contemporaries, whom he would like to see elected come the November 20 Annual General Meeting.

 

The new Board has been selected to add financial expertise and will better reflect the shareholder base following the recent stock issuance, Ross explains.

 

The US billionaire has named Dr. Josef Ackermann, former CEO of Deutsche Bank, as his first choice for Chairman.

 

And Wilbur Ross is adamant: Dr. Josef Ackermann is the right person to fill the position of Chairman of the Bank of Cyprus (BoC), and during an interview with CNBC, the US-based billionaire explains why.

 

“We’ve had dealings with him for a very long time through Deutsche Bank,” he begins. “I have a great respect for him, particularly as a strategical manager, and as BoC clears up its delinquent loan portfolio, which is its most immediate issue, it then needs to develop a strategy, a geographic strategy, a strategy for how to deal with mobile banking, and for how to deploy its resources, so I think Dr. Ackermann is uniquely positioned to deal with all of these issues.”

 

Ross’ nominations are in: now, read on for the dream team’s biographies in getting to know the potential new Board of Cyprus’ largest lender. 

FROM AROUND GOLDNEWS

   

SAVE THE DATE: 4th Cyprus International Tax Conference

IMH is organizing the digital event “4th Cyprus International Tax Conference” on Thursday, 30 March 2021.   Distinguished speakers from ...
   

Business and Covid-19: From Chaos to Complexity

The pandemic has caused severe social and economic disruption around the World, forcing many businesses to adapt or face the risk of going under, and having to ...
   

CaSToRC Major Partner in the European Center of Excellence in Exascale Computing “Research on AI- and Simulation-Based Engineering at Exascale”

The Computation-based Science and Technology Research Center (CaSToRC) of The Cyprus Institute has become part of the recently funded European Centre of ...
   

His Majesty the King of Tonga appoints Joseph Borghese as the Honorary Consul

The High Commission of the Kingdom of Tonga in London is pleased to announce the Privy Council of His Majesty King Tupou VI has appointed Mr. Joseph Borghese ...
   

Castor Maritime Announces $15.3 Million Debt Financing

Castor Maritime, a global shipping company specialising in the ownership of dry bulk vessels, announces the closing, through two of its ship-owning ...
   

NetShop ISP Revolutionizes IT Services Industry With ITaaS

NetShop ISP, the awarded Data Center & Cloud Services Provider, today announced a new IT solution that allows small companies and large enterprises shift ...
   

MAR360, A New Partnership Between Tototheo Maritime and SRH Marine SAIT, Shifts The Maritime Industry’s Balances

One of the few global IoT leaders in digital, navigation and communication solutions for shipping companies, SRH Marine SAIT and leading maritime ...
   

Kadis: ΕU Should Protect Products With Geographic Origin Designation In Trade Agreements

The EU should include a clause for mutual protection for products with geographic origin designation in its trade agreements with third countries, Cyprus ...

HEADLINES

MOST POPULAR

GoGordian
GloriaJeans_300x250px

IMH LTD