Last checked at 31 Aug 2023 07:37
Announcement
Changes in the composition of the Committees of the Boards of Directors
Nicosia, 31 August 2023
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 30 June 2023, the Bank of Cyprus Group operated through a total of 64 branches in Cyprus, of which 4 operated as cash offices. The Bank of Cyprus Group employed 2,902 staff worldwide. At 30 June 2023, the Group's Total Assets amounted to €25.7 bn and Total Equity was €2.2 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.
Bank of Cyprus Holdings Public Limited Company ("BOC Holdings" and, together with its subsidiaries, the "Group"), and Bank of Cyprus Public Company Limited (the "Bank") announce that at their respective Board meetings held on Wednesday, 30 August 2023, the Boards decided the following:
1. To appoint Monique Hemerijck to the Risk Committee (RC). The composition of the Risk Committee is now as follows:
Risk Committee (RC)
Paula Hadjisotiriou (Chair)
Nicolaos Sofianos
Lyn Grobler
Monique Hemerijck
The change is effective as of 1 September 2023.
2. The composition of the rest of the Committees of the Boards remains the same, as follows:
Nominations and Corporate Governance Committee (NCGC)
Takis Arapoglou (Chair)
Lyn Grobler
Yiannis Zographakis
Human Resources & Remuneration Committee (HRRC)
Maria Philippou (Chair)
Lyn Grobler
Constantine Iordanou
Audit Committee (AC)
Nicolaos Sofianos (Chair)
Paula Hadjisotiriou
Constantine Iordanou
Technology Committee (TC)
Constantine Iordanou (Chair)
Ioannis Zographakis
Paula Hadjisotiriou