Last checked at 20 Feb 2023 12:12
Announcement
Nomination of Ms Monique Hemerijck for appointment to the Board of Directors
Nicosia, 20 February 2023
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 meetings held on Friday, the 17th of February 2023, nominated Ms Monique Hemerijck as a new member of each of these Boards, subject to approval by the European Central Bank ("ECB"). Once approved by the ECB, Ms Monique Hemerijck will also participate as a member of the Risk Committee.
Ms Monique Hemerijck is currently a non-executive member of the Board of CAIXA GERAL DE DEPOSITOS in Portugal and Chair of its Risk Committee since December 2021. She has significant experience as Chief Risk Officer ("CRO") and member of the Executive Board of NN Bank in the Netherlands (7 years) and previously with ING Bank again in the Netherlands (3 years). Prior to that, she also worked for 16 years with the Dutch Central Bank.
Once the ECB approval is obtained, the Group will issue an announcement.
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 December 2022, 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 2,889 staff worldwide. At 31 December 2022, the Group's Total Assets amounted to €25.4 bn and Total Equity was €2.1 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.