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New Chairman of the Board of Directors

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

Πρόεδρος, μη εκτελεστικό μέλος

2. Socrates Lazaridis

Vice Chairman & CEO, executive member

3. Nikolaos Pimplis

Executive member

4. Nikolaos Porfyris

Executive member

5. Dionysios Christopoulos

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.


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