REG - Bank of Cyprus Hldgs - Extension of appointment of Group CEO

Bank of Cyprus HoldingsAnnouncement

16/12/2022 14:00

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RNS Number : 0469K  Bank of Cyprus Holdings PLC  16 December 2022

Announcement

 

Extension of appointment of Group Chief Executive Officer

 

Nicosia, 16 December 2022

 

 

 

 

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 today, the 16(th)
of December 2022, decided to extend the appointment of Mr Panicos Nicolaou, as
Group Chief Executive Officer to 31 December 2026.

Accordingly, Mr Panicos Nicolaou has today signed an amending agreement to his
existing contract of employment which extends the period of employment to 31
December 2026.

The Board of Directors would like to thank Mr Panicos Nicolaou for his
valuable contribution to the Group over his current term as Group Chief
Executive Officer and to wish him every success in his new term with the
Group.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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
September 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 2,955 staff worldwide. At 30 September 2022, the Group's Total
assets amounted to €26.2 bn and Total equity was €2.0 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.

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