The new person is currently CEO at Namier Capital and Non-Executive Advisor at Bumblebee Power
Mr. Arne Berggren submitted his resignation as a member of each of the Boards of Directors of Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Limited Company.
Mr. A. Berggren had served on the Board of Directors of Bank of Cyprus Public Limited Company since November 2014 and on the Board of Directors of Bank of Cyprus Holdings Public Limited Company since October 2016.
The Boards of Directors accepted the resignation of Mr. A. Berggren and thanked him for his valuable contribution to the Group over the years and wished him every success for the future.
Proposal for the appointment of Mr. .Adrian Lewis on the Board
The Boards of Directors of Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Limited Company have decided to propose the appointment of Mr. Adrian Lewis as a new member of the Board of Directors in each of them. The appointment is subject to the approval of the European Central Bank (“ECB”).
Mr A. Lewis is currently a Managing Director at Namier Capital and a non-executive Director at Bumblebee Power. He has extensive experience in Equity Capital Markets holding senior positions at UBS Investment Bank and HSBC Bank plc from which he led major projects in relation to equity capital management in Western European countries as well as in the Middle East and Asia. He also helped found ConvEx, an
equity derivatives consultancy. Based on his extensive experience, the appointment of Mr. A. Lewis will significantly enhance the experience and expertise of the Board of Directors in matters related to investment banking and equity capital management.
Change in the composition of the Committee Appointments Committee & Corporate Governance
The Boards of Directors of Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited appointed Mr. Yiannis Zografakis to the Appointments Committee & Corporate governance. The change is effective from 01.04.2023, so from this day the composition of the Appointments Committee & of Corporate Governance will be as follows:
Takis Arapoglou (Chairman)
Lyn Grobler
Maria Filippou
Yiannis Zografakis
The composition of the remaining Committees of Board of Directors remains as is.
