Neoclis Neocleous - new President of Executive Board of Piraeus Bank

(Neoclis Neocleous)

- Neoclis Neocleous is appointed as the new President of the Executive Board of Piraeus Bank in Serbia - the bank announced today (March 25, 2010).

According to the announcement, Konstantinos Vagiotis, a member of the Executive Board, will be performing the duties of the President until Neocleous officially assumes the position.

Neocleous started working in Piraeus Banking Group, which owns Piraeus Bank in Serbia, in October 2007, and he has, so far, been the Director of the Sector for Corporate Services in Piraeus Bank on Cyprus.

Before entering Piraeus Banking Group, during 18 years of working experience in the Bank of Cyprus, he was in managerial positions in the sectors for corporate banking, investment restructuring, crediting, factoring and the network of branch offices in Greece and on Cyprus.

- Former President of the Executive Board, Dimitris Frangetis, will resume his career in one of the biggest banking groups in Greece - it is stated in the Piraeus Bank Serbia's announcement.

Piraeus Banking Group currently operates through the network of 900 offices in Greece, Serbia, Romania, Bulgaria, Albania, Egypt, Ukraine, Great Britain, the USA and on Cyprus.