Michalis Louis has been appointed as the new CEO of Hellenic Bank with immediate effect, following a decision made by the bank’s Board of Directors during its meeting on Wednesday. This decision comes after his election as Executive Director at the Annual General Meeting of the bank’s shareholders and the approval of his appointment by the European Central Bank.

According to a statement from Hellenic Bank, Antonis Rouvas, who had been serving as Acting CEO since August 1, 2023, has resumed his previous role as Chief Financial Officer (CFO).

Maria Kelesi, who had taken on the role of Acting CFO, will return to her duties as Chief Accountant of the bank.

Additionally, Hellenic Bank announced that, following the Board’s formation after the Annual General Meeting of Shareholders, the Board decided on the composition of the Audit, Risk Management, Nominations/Internal Governance, and Remuneration Committees, with effect from September 18, 2024.

The Board also decided to abolish the Transformation Committee.

The new composition of the aforementioned committees is as follows:

Audit Committee

• Chair: Oliver Bernard Ellingham

• Members: Stephen John Albutt, Robert Anastassis Kyprianou, Maria Charalambous

Risk Management Committee

• Chair: Robert Anastassis Kyprianou

• Members: Stephen John Albutt, Oliver Bernard Ellingham, Charalambos Constantinou

Nominations/Internal Governance Committee

• Chair: Petros Christodoulou

• Members: Miranda Xafa, Kenneth Howard Prince-Wright, Sophronis Clerides

Remuneration Committee

• Chair: Kenneth Howard Prince-Wright

• Members: Miranda Xafa, Charalambos Constantinou, Maria Charalambous