Hellenic Exchanges : New Chairman of the Board of Directors
December 27, 2017 at 12:19 pm EST
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Announcement
New Chairman of the Board of Directors
27 December 2017 - Hellenic Exchanges - Athens Stock Exchange (ATHEX) announces that, following fifteen years as Chairman of the Board of Directors, Mr. Iakovos Georganas resigned from the Board of Directors and the Group.
The Board of Directors at its meeting today elected Mr. George Hadjinicolaou as new non-executive member to fill the vacated seat. Mr. Hadjinicolaou is a banker and a non-executive Chairman of the Bank of Piraeus.
The Board of Directors was then formed as a Body, as follows:
1.
George Hadjinicolaou
Chairman, non-executive member
2.
Socrates Lazaridis
Vice Chairman & CEO, executive member
3.
Alexandros Antonopoulos
Independent non-executive member
4.
Konstantinos Vassiliou
Non-executive member
5.
Ioannis Emiris
Non-executive member
6.
Dimitrios Karaiskakis
Executive member
7.
Sofia Kounenaki-Efraimoglou
Independent non-executive member
8.
Ioannis Kyriakopoulos
Non-executive member
9.
Adamantini Lazari
Independent non-executive member
10.
Nikolaos Milonas
Independent non-executive member
11.
Alexios Pilavios
Non-executive member
12.
Dionysios Christopoulos
Independent non-executive member
13.
Nikolaos Chryssochoidis
Non-executive member
In addition, following the resignation of Mr. Iakovos Georganas from the Board of Directors of the subsidiary Hellenic Central Securities Depository, the Board of Directors elected Mr. George Hadjinicolaou as new non-executive Chairman and was formed as a Body as follows:
1.
George Hadjinicolaou
Chairman, non-executive member
2.
Socrates Lazaridis
Vice Chairman & CEO, executive member
3.
Nikolaos Pimplis
Executive member
4.
Nikolaos Porfyris
Non-executive member
5.
Ioannis Emiris
Non-executive member
The new Board member will be confirmed in the next General Meetings of the two companies.
Mr. Georganas led the full privatization of the Greek Exchange, from his position as non-executive Chairman at the start of his 15-year term of office, charting with consistency the course of the Exchange throughout these years in an increasingly competitive environment in Europe and achieving:
Uninterrupted trading
Reduction in trading fees and expenses
Internationalization of the profile of market participants, which contributed to the effective adoption of the regulatory framework promoted by the EU
Qualitative and meaningful use of technology with positive effects on operating costs
Mr. Hadjinicolaou has a successful professional career, both in banking as well as in international capital markets.
Hellenic Exchanges Athens Stock Exchange SA published this content on 27 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 December 2017 17:19:07 UTC.
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Hellenic Exchanges Athens Stock Exchange SA, formerly Hellenic Exchanges SA Holding Clearing Settlement and Registry, is a Greece-based company that provides support services for the operation of the Greek capital market. It operates through its subsidiaries Hellenic Central Securities Depository (ATHEXCSD) and Athens Exchange Clearing House (ATHEXClear) in the following segments: Trading, Clearing, Settlement, Data Feed, Information Technology (IT), Exchange Services, Depository Services, Clearing House Services, as well as Other. The Companyâs purpose is the participation in companies and businesses having activities related to the support and operation of organized capital markets, as well as the development of activities and provision of services related to the support and operation of organized capital markets. Furthermore its purpose is the organization and support of the operation of a cash market, a derivatives market, as well as other financial means in Greece and abroad.