Marios Maratheftis resigns from Hellenic Bank Board

The domino of resignations of members of the Board of Directors of Hellenic Bank has continued ahead of the bank's general assembly and against the background of the upcoming changes that Eurobank intends to bring to the bank's administrative pyramid.

Eurobank on 7 August announced the successful completion of its mandatory takeover bid for Hellenic Bank Public Company Limited for the acquisition of up to 100% of its issued share capital, a process that began several months ago.

After Christos Themistocleous and John Gregory Iossifidis, Marios Maratheftis, a non-executive member of the Board of Directors, has also submitted his resignation with immediate effect - as announced by Hellenic Bank.

It is noted that Maratheftis was elected a member of the Board of Directors of Hellenic Bank on 28 August, 2019 and was a member of the Board’s Risk Management and Nominations / Internal Governance committees.

Also read: Second member resigns from Hellenic Bank’s Board to assist Eurobank takeover

Also read: Christos Themistocleous resigns from the Hellenic Bank Board with immediate effect

Also read: Eurobank S.A. completes takeover bid for Hellenic Bank

(Source: InBusinessNews)

Read More

Christodoulides and Mitsotakis confirm political will for participation in GSI
Christodoulides expresses readiness to resume negotiations during meeting with Mitsotakis
Transport Minister travelling to Budapest for Informal EU Ministers' meeting
Cyprus President and Greek PM set to discuss electricity interconnection
Harmonised Index of Consumer Prices up 2.2% in August
Price of construction materials dropped in August compared to last year
How an old carob warehouse turned into a culture hub in Limassol’s art scene
New survey by Limassol-based Capital.com finds UAE emerging as a global tech hub for Asian talent
Decision to dismiss Auditor General signed
Sir Stelios Haji-Ioannou awards Young Entrepreneurs in Cyprus for the second year