Announcement
Election of Chair, Vice-Chair and
Senior Independent Director
Board Committees
Composition
Nicosia, 17 May 2024
Bank of Cyprus Holdings Public
Limited Company ("BOC
Holdings") announces that at the meeting of the Board of
Directors held on the 17th of May 2024, post the AGM,
the members constituted themselves into a body and re-elected Mr
Efstratios Georgios (Takis) Arapoglou as Chairman of the Board of
Directors. At the same meeting, Mrs Lyn Grobler was
re-elected as Vice-Chair to the Board of Directors and Mr
Constantine Iordanou was re-elected
as Senior Independent Director.
The composition of the Board of
Directors is as follows:
Board of Directors (BOD)
1. Efstratios-Georgios (Takis) Arapoglou (Chair)
2. Lyn Grobler (Vice-Chair)
3. Constantine Iordanou
4. Monique Hemerijck
5. Adrian Lewis
6. Christian Hansmeyer
7. Stuart Birrell
8. Panicos Nicolaou
9. Eliza Livadiotou
It is noted that the
following Directors were
appointed to the Board of Directors, following the approval of the
European Central Bank (the "ECB"):
10. Christian Hansmeyer
11. Stuart
Birrell
Membership of the various Board
Committees now stands as follows:
Risk Committee (RC)
Monique Hemerijck (Chair)
Adrian Lewis
Stuart Birrell
Christian Hansmeyer
Audit Committee (AC)
Constantine Iordanou
(Chair)
Adrian Lewis
Lyn Grobler
Human Resources & Remuneration Committee
(HRRC)
Constantine Iordanou
(Chair)
Monique Hemerijck
Stuart Birrell
Nominations & Corporate Governance Committee
(NCGC)
Takis Arapoglou (Chair)
Lyn Grobler
Christian Hansmeyer
Technology Committee (TC)
Lyn Grobler (Chair)
Constantine Iordanou
Adrian Lewis
Monique Hemerijck
Group
Profile
The Bank of Cyprus Group is the leading banking and financial
services group in Cyprus, providing a wide range of financial
products and services which include retail and commercial banking,
finance, factoring, investment banking, brokerage, fund management,
private banking, life and general insurance. At 31 March 2024, the
Bank of Cyprus Group operated through a total of 58 branches in
Cyprus, of which 3 operated as cash offices. The Bank of Cyprus
Group employed 2,847 staff worldwide. At 31 March 2024, the Group's
Total Assets amounted to €24.9 bn and Total Equity was €2.6 bn. The
Bank of Cyprus Group comprises Bank of Cyprus Holdings Public
Limited Company, its subsidiary Bank of Cyprus Public Company
Limited and its subsidiaries.