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A. Panayides: Appointment of new Board members

At a meeting held on January 9, 2004, the Board of Directors appointed Messrs. Nicolaos Mavrokordatos and Euripides Polycarpou as new Board members.

Mr. Nicolaos Mavrokordatos is an architect, graduate from the School of Architect of Marseille (France) and member of ETEK. He was born in Nicosia in 1956. He has lived and worked in Athens for the past 18 years. He has been appointed as Managing Director in Lordos Contracta (Hellas) SA and Cybarco (Hellas) SA and he has been a partner and Managing Director of the subsidiaries A. Panayides (Hellas) SA and A. Panayides Contracting (Romania) SA.

Mr. Euripides Polycarpou is a management member of the Cyprus College. He was born in Nicosia in 1962. He has attended various universities in the US and he has obtained a Bachelor of Science (B.Sc) and Masters in Business Administration (MBA). He has worked as a member of the teaching staff and has been appointed as a General Manager in the Research Centre of the Cyprus College, where he carried out a number of studies and provided consulting services to various organizations in Cyprus and abroad.

The Board of Directors would like to welcome the new members and express its confidence that the academic knowledge and long experience of Messrs. Mavrokordatos and Polycarpou will enable the Company to achieve its corporate goals.
Monday, 12 January, 2004 - 09:53