Diana Shipping Inc. announced that Ioannis Zafirakis has been appointed as Chief Financial Officer on a permanent basis, effective March 1, 2021. He had served in that role on an interim basis since February 2020. Zafirakis also will remain the Chief Strategy Officer, Treasurer and Secretary of the company. Ioannis Zafirakis has served as a Director and Secretary of the company since February 2005 and has held various executive positions such as Chief Strategy Officer, Chief Operating Officer, Executive Vice President and Vice President. In February 2020, Zafirakis was named Interim Chief Financial Officer and Treasurer of the company. In addition, Zafirakis is currently the Interim Chief Financial Officer and Chief Strategy Officer of Diana Shipping Services S.A., where he also serves as Director and Treasurer. From June 1997 to February 2005, Zafirakis was employed by Diana Shipping Agencies S.A., where he held a number of positions in finance and accounting. From January 2010 to February 2020 he served as Director and Secretary and he held various executive positions such as Chief Operating Officer and Chief Strategy Officer of Performance Shipping Inc. Zafirakis is a member of the Business Advisory Committee of the Shipping Programs of ALBA Graduate Business School at The American College of Greece.