Oliver Gatzke seals Hellenic Bank departure with resignation from Board

12:55 - 16 August 2023

Financial Services Reporter

The group's former CEO officer Oliver Gatzke has sealed his departure from Hellenic Bank by submitting his resignation from and to the Board of Directors with effect from 13 August 2023.

Gatzke left his position as the Bank's CEO on 1 August, terminating his employment contract with the bank ahead of its 22 July 2024, expiration date.

Therefore and in accordance with the provisions of Gatzke's employment contract, the company had decided to place him on garden leave with full benefits, with immediate effect. Until then the company's Chief Financial Officer, Antonis Rouvas, was appointed interim Chief Executive Officer.

Read the Hellenic Bank announcement to the Cyprus Stock Exchange below or see it here or here:

"Further to the announcement of Hellenic Bank Public Company Limited (the "Bank") dated 1st August 2023, the Bank announces that Mr. Oliver Gatzke resigned from the Board of Directors of the Bank, with effect from 13th August 2023."

Results

Meanwhile, Hellenic Bank has also announced that its Bank's Board of Directors will meet on Tuesday, 29 August to examine, among other things, the Financial Results of the Hellenic Bank Group for the six months ended 30 June 2023.

The Financial Results for the six months ended 30 June 2023 will be announced to the Cyprus Stock Exchange and the Cyprus Securities and Exchange Commission on Wednesday, 30 August 2023, before the start of trading.

(Sources: InBusinessNews)

Oliver Gatzke seals Hellenic Bank departure with resignation from Board

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