National Bank of Greece : Succession of NBG Management

At its meeting today, the Board of Directors of the National Bank of Greece elected Ms. Louka Katseli and Mr. Leonidas Frangiadakis to the Board, in replacement of Messrs. George Zanias and Alexandros Tourkolias, who resigned. Mr. Stefanos Vavalidis, independent non-executive director, also submitted his resignation.

After the election of the new directors, the Board of NBG reconstituted itself, electing Ms. Louka Katseli to the position of non-executive Chairman of the Board, and Mr. Leonidas Frangiadakis to the position of Chief Executive Officer of the Bank.

Completion of the review process - by the Single Supervisory Mechanism of the European Central Bank- of the new members is anticipated shortly, in line with the legislative and regulatory framework.

The Board of NBG expressed its thanks to the outgoing Chairman, Mr. G. Zanias, and the outgoing CEO, Mr. Alexandros Tourkolias, for their valuable contribution to National Bank of Greece and its Group, and wished the new management every success in the work it undertakes.​