FRIDAY, 25 JUN 2021

 

CONNECT

Facebook Linked In Twitter
gold_june_leaderboard
GloriaJeans_266x90px
IMH LTD

Angela Merkel: Europe Is "On Thin Ice" As The Delta Variant Of Covid Spreads

Themis Papadopoulos Elected Vice Chairman Of International Chamber Of Shipping

IMH LTD

PEOPLE

Ioannis Matsis Resigns from Hellenic Bank

Ioannis Matsis Resigns from Hellenic Bank

Hellenic Bank CEO Ioannis Matsis has resigned 40 months after being at the helm of the island’s second-largest lender, a surprise decision that had immediate effect. No explanation has been provided so far.

Matsis had been appointed as a member of the board of directors in December 2013. He was the chairman of the risk management committee and a member of the nominations/internal governance committee of the board. He was appointed executive member of the board of directors and CEO of the group on April 24, 2017.

According to media reports, he will be replaced by Constantinos Loizides, the current CEO of AstroBank.

Loizides, who also headed Cyprus Airways, has been leading AstroBank as its chairman and CEO since April 2019.

He joined the Greek-owned Piraeus Bank in 2007, which had earlier taken over the operations of Arab Bank in Cyprus.

Loizides established Piraeus Bank Cyprus as a wholly-owned subsidiary and was instrumental in the restructuring of Piraeus’ other assets in neighbouring countries, including Egypt.

The bank was taken over by Lebanese investors, headed by financier Maurice Sehnaoui, with Piraeus Bank SA retaining a 10% stake.

 

MORE ON PEOPLE

John Christodoulou On His Career, Philanthropy And Painful Childhood Memories Of The 1974 Turkish Invasion

John Christodoulou has given an online interview to the President of the National ...

Cyprus Marine Club Hosts Natasa Pilides In Spring Event

On Tuesday, May 25, Cyprus Marine Club gathered its members for the second non-virtual ...

First Place For Tsouloftas-Elia Crew Of Petrolina Racing Team At The Larnaca Acropolis Rally

  The Petrolina Racing Team crew, Alexandros Tsouloftas and Stelios Elia, driving ...

FROM AROUND GOLDNEWS

   

International Joint Venture Undertakes Adviser's Role For DEFA Business Plan

An international joint venture undertakes the adviser`s role for the Natural Gas Public Company (DEFA) business plan. DEFA announced on Thursday that the ...
   

CySEC: 25 Years Committed To Market Surveillance, Supervision And Investor Protection

The Cyprus Securities and Exchange Commission (CySEC) celebrates its 25th anniversary and on this occasion it will host an online conference on Wednesday, 14 ...
   

Angela Merkel: Europe Is "On Thin Ice" As The Delta Variant Of Covid Spreads

German Chancellor Angela Merkel has warned that Europe is "on thin ice" as the Delta variant of Covid spreads on the continent. Her warning came ...
   

The Yianis Christodoulou Foundation: Remarkable Support By Anna Vissi, Amara And Elysium Hotels For The Gala Dinner On The 8th Of July

As the preparation of the exclusive event being organized by Mr John Christodoulou and The Yianis Christodoulou Foundation for the benefit of the children ...
   

InvestEU: The European Plan Mobilising Billions To Boost Slumping Investment

Europe needs investment in its businesses, innovation and infrastructure if is to meet its climate goals and kickstart the economic recovery. However, ...
   

Serving Local and International Banking Needs

AstroBank CEO Aristidis Vourakis on offering quality banking services to businesses and individuals and developing a paperless environment.   Your ...
   

After Gordian comes Themis. Who’s next?

Another company prepares to enter the non-performing loans (NPLs) market in Cyprus. Themis – the Goddess of Justice – will own and take over the ...
   

Lego Plans To Sell Bricks From Recycled Bottles In Two Years

Toy giant Lego is aiming to put bricks made from recycled drinks bottles on shelves within two years. Lego makes about 3,500 different bricks and shapes, ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Nicosia_Economic_Forum
IMH_COMPANY_PACK_2021

IMH LTD