The Company maintains a policy of corporate governance to monitor the control of management, provide transparency in relation to the ownership and control of the business, and to allow shareholders to participate in the key decisions of the Company.

 


The Members of the Board of Directors of the Company are the following:
  • Stavros Lekkakos , Chairman - Non Executive Member
  • Emmanouil Xanthakis, Vice Chairman - Non Executive Member
  • Panagiotis Throuvalas, Vice Chairman - Executive Member
  • Thanasis Papanikolaou, Chief Executive Officer
  • Christophe Vivien, Executive Member
  • Joseph Iskander, Non-Executive Member
  • Georgios Efstratiadis , Non-Executive Member
  • Fotios Karatzenis, Non-Executive Member
  • Konstantinos Georgiou, Independent Non Executive Member
  • Spyridon Papaspyrou, Independent Non-Executive Member
  • George Lassados, Independent Non-Executive Member
  • Theodoros Mylonas, Independent Non‐Executive Member

Biographies

Stavros Lekkakos, Chairman - Non Executive Member
He is Vice Chairman of the Board of Directors of Piraeus Bank and Chairman of the Board of Directors of Marfin Investment Group. Mr. Lekkakos was born in 1952 and has studied Economics at the University of Athens. His career began in 1968 at American Express in Greece leaving in 1992 with the position of Vice Chairman. He joined Piraeus Bank, where he was appointed Group General Manager in 1998. From this position he managed, very successfully, the merger of several Greek banks, which were acquired by Piraeus Bank. Within this framework, he held the position of General Manager of Macedonia Thrace Bank in 1998 and ΗΒΑ Bank in 2001 working on the preparation for the absorption of each bank.On April 2006, he assumed the duties of Chairman & Managing Director at Piraeus Bank Romania, until June 2008. During this period, the Bank's network was enlarged by 130 branches, while volumes increased tenfold and profits followed anϊmpressive shift.In June 2008 he returned to Greece as Deputy Managing Director and was elected to the position of Managing Director & Deputy CEO on May 2010. As of February 2011, he assumed the position of Managing Director and CEO, as well as Chairman of the Piraeus Bank Group Executive Committee. On May 2015 he assumed the position of the Vice Chairman, on January 2016 the position of Managing Director & CEO and on June 2016 the position of Vice Chairman of the Board of Directors. Mr. Stavros Lekkakos is a member of Piraeus Bank's Board of Directors, since 2006. He is also Chairman of the Board of Directors of Piraeus Bank Romania, as well as a BoD member of various subsidiary companies of Piraeus Bank in Greece and abroad. He is also Chairman of the Board at insurance company European Reliance, Vice Chairman of Henry Dunant Hospital, as well as Member of the Board of the American-Hellenic Chamber of Commerce. He is also a founder member of Business Councils Greece-Kuwait, Greece-Qatar, Greece-UAE, Greece-Saudi Arabia.

Emmanouil Xanthakis, Vice Chairman, Non-Executive Member
Mr. Xanthakis studied Economics, Business Administration and Finance in Athens and Toronto. He is a professor in the Department of Economics at the University of Athens. Mr. Xanthakis has worked as financial consultant in the Ministry of National Economy and served on the board of directors of ETBA Bank, the then state owned industrial development bank. He has also served as Chairman of the Athens Stock Exchange, the Central Securities Depository and as President of Ernst & Young Finance in Greece.

Panagiotis Throuvalas, Vice Chairman - Executive Member
Mr. Throuvalas studied Economics (B.A) at the University of Athens and holds a graduate degree in Economics (M.A. in Economics) from Manitoba University (Canada) having earned a scholarship from the Greek State Scholarships Foundation and the Canadian university. Mr Throuvalas has been working since 1982 in the fields of Finance and Investments, having served as Chief Financial Officer of the Theoharakis Group and a board member in several companies, including among others, NIK. THEOHARAKIS S.A. (commercial company), TEODOMI AKTE (construction company; as Vice Chairman of the Board of Directors), MINETTA Insurance company, METROPOLITAN Hospital, MARFIN EGNATIA Bank and several of its subsidiaries. He has participated in the design and implementation of business plans with emphasis on financial and operational implementation.

Thanasis Papanikolaou, Chief Executive Officer
Mr. Papanikolaou graduated from Varvakios School, studied Economics in the Athens University of Economics and Business (AUEB), with a specialization in Marketing, while he holds a Masters degree in International Management from INSEAD. He has specialized in retail trade as well as in the management of large corporates, having served as General Manager in Continent Hellas (Carrefour), based in France and in Greece for 8 years, as CEO in the Venetis Bakery for 3.5 years, while from 2001 he has served as General Manager (2001-2007) as well as CEO (2007-2011) in the EVEREST Group. As of 2011, Mr. Papanikolaou serves as CEO of Vivartia Group’s FSE business (Goody’s-Everest-Olympic Catering). Mr. Papanikolaou is the Chairman of the Greek Federation of Branded Catering Businesses as well as a member of the Greek Tourism Confederation (SETE). Mr. Papanikolaou remains the CEO of Vivartia Group’s FSE business. He speaks English and French, and he is married with two daughters.

Joseph Iskander, Non-Executive Member
Mr. Iskander holds an Accounting & Finance degree with distinction from Helwan University, Egypt. He has over 15 years of experience in financial services (banking, research, private equity, asset management, M&A transactions, advisory services), and in the past has headed the research team for Prime Investments in Egypt and worked as investment adviser at Commercial International Bank and as auditor at Deloitte & Touche (Egypt). His professional relationship with the Dubai Capital Group started in 2004 with the position of Investments Manager, he currently holds the position of Managing Director - Asste Management in Dubai Group. He represents Dubai group on the BoD of EFG Hermes (Egypt), Sphinx Glass (Egypt) and Oasis Capital Bank (Bahrain).

Georgios Efstratiadis, Non Executive Member
Mr Efstratiadis studied Economics in the Athens University of Economics and Business and holds a Master degree in Finance and Investment from the University of Exeter ( Great Britain). His carrier started in Ergasias Bank as a financial analyst, loan department executive and finally General Manager of the subsidiary investment company GREEK PROGRESS FUND S.A. In 1998 joined Marfin Group as Head of Asset Management Division and later as CEO of Marfin Global Asset Management S.A. On 2006 he assumed the duties of CEO to Marfin Bank until 2007. In 2007 was appointed General Manager of Marfin Investment Group. As of 2010 he assumed the position of Deputy CEO of Olympic Air and from 2011 until 2016 also the position of CEO in Skyserv Handling S.A( ex OLYMPIC HANDLING S.A) with main task the financial and operational restructuring of both companies. The successful completion of the program led to the disinvestment from the 2 companies. Mr Efstratiadis is BOD member of many group companies such as DELTA, Goody’s, Singular Logic, BARBA STATHIS, Hygeia, Attika. He is also member of audit committee of Vivartia, Attika and Hygeia.

Fotios Karatzenis, Non Executive Member
Dr. Fotios Karatzenis graduated from the Law School at the University of Athens and received a Legum Magister (LL.M.) as well as a Doktor Juris (Dr. Jur.) from the University of Freiburg i. Br. (F.R. Germany). He has been a Research Fellow in the University of Freiburg i. Br. (1990 – 1993), Deputy Managing Partner in a reputable Athens Law Firm (1997 – 2002) and Head of the Legal Department of Marfin Bank and its successors (2002 – 2011). He holds since 2002 the position of the Chief Legal Advisor – Head of the Legal Department of Marfin Investment Group Holdings S.A. and he is member of various Boards and corporate bodies of the Group companies. Dr. Karatzenis has instructed seminars and has a series of publications in the area of Capital Markets, damages, unfair contract terms and private international Law.

Kontantinos Georgiou, Independent Non Executive Member
Mr. Georgiou serves as General Manager of Group Human Resources Administration and Logistics at Piraeus Bank. Mr. Georgiou studied Public Administration at the Panteion University School of Political Sciences and holds a masters degree in Business Administration from Michigan State University. Between 1984 and 1985, he worked for the Economic Development Division of the U.S. Department of Commerce, researching economic development programs, statistical analysis reports and public marketing. Mr. Georgiou began his banking career with the Ionian Bank, as Supervisor of the Human Resources Development and Placement Division, going on to become Manager of the Training Department. He began his career with Piraeus Bank in 1993, as Supervisor in the Training Department of the Human Resources Division. In March 1996, he assumed the role of Training Manager and in January 1998 he was promoted to Central Operations Director. He is a member of the Group Executive Committee at Piraeus Bank and member in various subsidiaries of Piraeus Bank Group.

Spyridon Papaspyrou, Independent Non Executive Member
Mr. Papaspyrou is Deputy Managing Director and an Executive Member of the Piraeus Bank Board of Directors. He has the supervision of the Group Risk Management and Credit Control and he is the President of the Executive Committee of the Hellenic Bank Association. Mr. Papaspyrou is a graduate of Aston University (MBA) in finance and business administration. He started his career in Citibank in 1986, where he stayed for five years, in managerial positions in the field of credit cards. He then served (1991-1996) Interfinance / Interamerican Cards of Interamerican Group as Managing Director. From 1996 to 1998, he cooperated with Marinopoulos Group for the development of banking business and credit programmes. From 1998 to 2002 he joined National bank of Greece as Managing Director of National Management & Organisation Co and headed the Commercial Division of the Group. In 2002, he assumed his duties as Deputy General Manager of Retail Lending in EFG Eurobank Ergasias. He joined Piraeus Bank Group in 2004.

George Lassados, Independent Non Executive Member
Mr. Lassados holds a B.Sc. from Queen Mary’s College (London) and an MBA City University (London). He was member of the board of directors of Hambros Bank Limited, Vice Chairman of the board of directors of Alpha Trust S.A. and Hambros Hellenic Mutual Funds Management S.A., and Non Executive Member of the board of directors of Marfin S.A., Marfin Bank S.A and Managing Director at Union Bancaire Privee . He is an executive director of MORA WΕΑLΤΗ MANAGEMENT AG.

Theodoros Mylonas, Independent Non‐Executive Member
Mr. Mylonas is an Independent Non-executive Member of the Board of Directors of Piraeus Bank, member of the Audit Committee, and Chairman of the Senior Credit Committee of Piraeus Bank. He has two B.Sc. degrees in Political Science and Public Administration from Panteion University. He speaks English fluently. He started his career in American Express Bank, where he stayed for twenty-nine years, of which fifteen served in managerial positions. He then joined Piraeus Bank, where he has served, from 1992 to 2005, as Retail Network Banking Manager, as Deputy General Manager, as General Manager of Credit, Corporate and Shipping, and as Management Advisor. From 2005 to 2007, he served as Deputy Managing Director in Proton Bank, while in the meantime from June 2006 to October 2006, he served Omega Bank as Managing Director.


Executive Committee

The Executive Committee consists of the following members:

  • Panagiotis Throuvalas (Chairman)
  • Thanasis Papanikolaou(Member)
  • Kyriakos Magiras (Member)
  • Christophe Vivien (Member)
Audit Committee

The Audit Committee consists of the following members:

  • Emmanouil Xanthakis (Chairman)
  • George Lassados(Member)
  • Georgios Efstratiadis(Member)
Nomination and Remuneration Committee

The Nomination and Remuneration Committee consists of the following members:

  • Emmanouil Xanthakis(Chairman)
  • George Lassados (Member )
  • Fotios Karatzenis(Member)
Strategic Planning Committee

The Strategic Planning Committee consists of the following members:

  • Stavros Lekkakos, Chairman
  • Panagiotis Throuvalas, member
  • Thanasis Papanikolaou, member
  • Kyriakos Magiras, member
  • Christophe Vivien, member
  • Chief Executive Officer ATTICA GROUP, member
  • Chief Executive Officer DELTA, member
  • Chief Executive Officer HYGEIA GROUP, member
  • Chief Executive Officer SINGULARLOGIC, member