16/12/2016 09:49
Hellenic Bank appointed Ioannis Matsis as Group Chief Executive Officer of the Group, replacing Bert Pijls who is stepping down due to personal and family reasons.
According to a press release issued by the Bank, the appointment of Matsis is subject to approval from the regulatory authorities. In the meantime the duties of the Chief Executive Officer will be officiated by Phivos Stasopoulos, Group General Manager Business & Insurance.
Matsis is an existing Member of the Board of Directors of the Bank and chairing the Risk Management Committee. He is also a partner and co-founder of Point Nine Ltd a company offering middle and back office outsourcing and financial software services. From 1994 till 2008 he worked in the Investment Banking Sector of ING Barings, Chase Manhattan and Mizuho International in London. He is a graduate of the University of Cambridge in the United Kingdom.
“Matsis is best placed to assume the position of Chief Executive Officer and drive the implementation of the core strategies of the Bank, as he has long-standing international experience in the financial sector and in-depth knowledge of the Bank as well as the Cypriot economic and business environment”, says the announcement.
The Board of Directors of the Bank warmly thanks Pijls for his services in the past two years. As it notes, Pijls took up his duties at a time when challenges laid ahead both for the Bank and banking sector, as well as the Cypriot economy at large. “His hard work and perseverance has put the Bank back on a stable track, building solid pillars for the Bank to further develop and achieve its goals”, the press release points out.
Pijls will continue his cooperation with the Bank as an advisor on specific strategic issues.
In a message to Hellenic Bank`s staff Pijls says that there are exciting times ahead for the Bank.
“I am sure that under the leadership of Ioannis Matsis and the support of the Board of Directors, you will continue to build on the progress made so far, enabling Hellenic Bank to remain the most reliable banking partner in Cyprus”, he notes.
According to a press release issued by the Bank, the appointment of Matsis is subject to approval from the regulatory authorities. In the meantime the duties of the Chief Executive Officer will be officiated by Phivos Stasopoulos, Group General Manager Business & Insurance.
Matsis is an existing Member of the Board of Directors of the Bank and chairing the Risk Management Committee. He is also a partner and co-founder of Point Nine Ltd a company offering middle and back office outsourcing and financial software services. From 1994 till 2008 he worked in the Investment Banking Sector of ING Barings, Chase Manhattan and Mizuho International in London. He is a graduate of the University of Cambridge in the United Kingdom.
“Matsis is best placed to assume the position of Chief Executive Officer and drive the implementation of the core strategies of the Bank, as he has long-standing international experience in the financial sector and in-depth knowledge of the Bank as well as the Cypriot economic and business environment”, says the announcement.
The Board of Directors of the Bank warmly thanks Pijls for his services in the past two years. As it notes, Pijls took up his duties at a time when challenges laid ahead both for the Bank and banking sector, as well as the Cypriot economy at large. “His hard work and perseverance has put the Bank back on a stable track, building solid pillars for the Bank to further develop and achieve its goals”, the press release points out.
Pijls will continue his cooperation with the Bank as an advisor on specific strategic issues.
In a message to Hellenic Bank`s staff Pijls says that there are exciting times ahead for the Bank.
“I am sure that under the leadership of Ioannis Matsis and the support of the Board of Directors, you will continue to build on the progress made so far, enabling Hellenic Bank to remain the most reliable banking partner in Cyprus”, he notes.
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