Oliver Gatzke leaves Hellenic Bank

10:14 - 01 August 2023

Economy

Hellenic Bank (HB) said its CEO Oliver Gatzke has decided to terminate his employment agreement with the bank with effect from 22 July 2024, which is when his contract expires. The bank said it has placed Gatzke on garden leave with full pay, effective immediately.

“Hellenic Bank Public Company Limited […] announces that it has received notice from the Company’s Chief Executive Officer, Mr Oliver Gatzke, that he has decided to terminate his employment agreement with the Bank with effect from 22 July 2024, the expiry date of the employment agreement,” the bank said.

The bank said that in line with the contract terms, it has thus decided to place Gatzke on garden leave with full pay, effective immediately, until further notice.

In the meantime, “Mr Antonis Rouvas, the Company’s Chief Financial Officer, has been appointed as Interim Chief Executive Officer of the Company,” HB added.

The company’s Chief Accountant, Maria Keleshi, has been appointed as Interim Chief Financial Officer.

Citing sources, InBusiness News has reported that Gatzke and HB are parting ways on good terms and the decision was reached mutually.

Commenting, Interim CEO Rouvas said HB remains focused on its goals and continues its operation as normal and without interruption, always supporting its clients and the Cyprus economy. “Our aim is to boost the bank’s business model and successfully complete its transformation plan,” he added.

Oliver Gatzke leaves Hellenic Bank

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