The Company is run by the Board of Directors, elected by the General Assembly and serves four (4) years term. The term of the Board of Directors’ members, is determined each time by the General Assembly, commencing on the Election Day and may not exceed five (5) years.
The selection of the members of the Board of Directors proposed for election is subject to the principles of the Suitability Policy of the members of the Board of Directors adopted by the Company.
The Board of Directors key role is to manage its corporate assets and to represent the Company. It decides on various matters concerning the Company within the framework of the corporate governance standards with the exception of those that need to be addressed by the General Assembly.
Members
Chairman, Non-Executive member
Lambros Papadopoulos
Chairman, Non-Executive member
Mr. Lambros Papadopoulos started his career in 1993 at Ernst & Young in London, where he worked in the Audit (Audit -Media & Resources) and Corporate Finance – Business Valuations divisions.
From 1998 to 2012 he worked at Citigroup (London), as Head of Analysis for the Greek Stock Market, and Head of Small and Medium Cap Companies for Continental Europe. Since 2006 he has held the position of Managing Director and was a member of the Executive Committee of the Analysis Department.
Since 2017 he is member of the Board of Directors of the Company, and since April 2019 he is Chairman of the Board of Directors, while during 2017-2019 he served as a Chairman of the Audit Committee.
He has been appointed as a non-Executive Member of the Board of Directors of the Cyprus Asset Management Company (KEDIPES) in 2019 and serves as a Chairman of the Board of Directors.
Since 2022 he is an Independent Non-Executive Member of the Board of Directors of Agri Europe Cyprus Ltd where he is the Chairman of the Risk Committee.
In 2013 he served as an Independent Non-Executive Member of the Transitional Board of Directors of Bank of Cyprus, and during 2015- 2018 he was an Independent Non-Executive Member of the Board of Directors of Hellenic Bank and Chairman of the Audit Committee.
Mr. Papadopoulos holds a B.A. (Hons) Accounting with Computing (First Class) degree from the University of Kent at Canterbury (UK), and since 1996 has is a member of the Institute of Chartered Accountants in England and Wales.
Vice Chairman, Chief Executive Officer, Executive Member
Tassos Kazinos
Vice Chairman, Chief Executive Officer, Executive Member
Mr. Tassos Kazinos serves as the Chief Executive Officer, the Vice Chairman of the Board of Directors, and the Chairman of the Investment Committee of Trastor REIC.
He has more than 28 years of professional experience in the UK, USA, and Greece during which he has successfully assumed senior management positions. Before joining Trastor he worked for Piraeus Bank SA as Head of Real Estate Investments, focusing on debt restructurings and the development of a divestment strategy for the bank’s REO portfolio. He also worked for Argo Capital Management, in the UK, specializing in emerging markets, private equity investments, and the acquisition, development, and management of real estate assets. He has served as an Executive Board Member of the Albert Abela Corporation, a private foodservice management company and hotel group with $1.4 billion in sales, and was responsible for the acquisition, repositioning and administration of hotels, the management and development of in-flight catering facilities, and the sale of non-core subsidiaries. He also worked for Bain & Company, a strategy consultancy company, based in Boston.
Mr. Kazinos holds a Master of Business Administration (MBA) from Harvard Business School and graduated with First Class honors from the London School of Economics with a degree in Industrial and Business Economics.
Non-Executive Member
Ιωάννης Βογιατζής
Μη Εκτελεστικό Μέλος
Ο κ. Ιωάννης Βογιατζής είναι CΕΟ της Strix Asset Management Ltd και διαθέτει εμπειρία 20 και πλέον ετών στον τομέα του private equity και των εναλλακτικών επενδύσεων.
Έχει διατελέσει Group Head of NPEs and Equity Participations στην Τράπεζα Πειραιώς και έχει εργαστεί επίσης στο Λονδίνο στην NBGI Private Equity ως επικεφαλής των δραστηριοτήτων της εταιρείας για τη Νοτιοανατολική Ευρώπη, και στη Citigroup Venture Capital International όπου εδραστηριοποιείτο σε επενδύσεις private equity στην Κεντροανατολική Ευρώπη, Μέση Ανατολή, Αφρική, και Ινδία.
Ο κ. Βογιατζής είναι κάτοχος MBA in International Business από το Ecole Nationale des Ponts et Chaussées, και MEng in Chemical Engineering από το University of Birmingham.
Non-Executive Member
George Kormas
Non-Executive Member
Mr. George I. Kormas is an Economist and Real Estate Professional. Prior to that, he was Executive General Manager, Group Chief Real Estate of Piraeus Bank Group. He was also the CEO of Piraeus Real Estate as well as of PICAR, Chairman of the BoD of Piraeus Leasing and Piraeus Leases, all are real estate subsidiaries of Piraeus Bank Group. He was a member of the Executive Committee of the Bank participated in the Senior Credit and Recovery Credit Committee and other real estate related Investment committees.
Before joining the PIRAEUS BANK Group, Mr Kormas served as an Advisor to the Governor of the Bank of Greece and had previously worked for the European Central Bank. He boasts 20 years’ experience in banking as well as the sectors of regional development, real estate and tourism.
He is a RICS Fellow (FRICS) and holds a Vordiplom in Economics and Management Sciences and a Diploma (MS) in Business Administration, Banking and Finance, from Justus-Liebig-Universität Gießen in Germany.
Independent Non-Executive Member
Jeremy Greenhalgh
Independent Non-Executive Member
Mr. Jeremy Greenhalgh has been an independent corporate finance and business consultant since 1997. He co-founded and was CEO of Double A, as well as CEO of Hamilton Lunn Ltd, both corporate finance advisory firms.
He worked for 24 years in corporate finance in London and New York for UBS, Goldman Sachs and Hambros Bank. He has advised on acquisitions, disposals, debt restructuring, financing and strategy across a range of industries including, among others, real estate and hotel businesses.
He holds an MBA from Harvard Business School and an MA in Natural Sciences from the University of Cambridge.
Independent Non-executive member
Susana Poyiadjis
Independent Non-executive member
Mrs. Susana Poyiadjis is the Chief Executive Officer of Nexia Poyiadjis Ltd in Cyprus and a member of the Audit Committee of Nexia International, one of the largest audit, tax, and consultancy networks. Before joining Nexia Poyiadjis, Mrs. Poyiadjis launched her career in the United Kingdom where she worked for Smith & Williamson (now Evelyn Partners) and Morgan Stanley. She specializes in assurance and advisory services of organizations in the financial services sector, and holds the advanced certificate of the Cyprus Securities and Exchange Commission.
Furthermore, she has served on several professional and business committees in Cyprus, including but not limited to, being appointed as a Vice Chairwoman of the Alternative Investment Fund committee of the Cyprus Investment Fund Association (CIFA), served as a Member of the Auditing Standards Committee of the Institute of Certified Public Accountant of Cyprus (2005-2019) and was appointed as an independent non-executive director on the Board of a systemic bank supervised by the ECB.
Mrs. Poyiadjis holds a law degree (LLB Law) from the University of Bristol (UK), is a Fellow of the Institute of Chartered Accountants of England and Wales (ICAEW), a Registered Auditor at the Institute of Certified Public Accountants of Cyprus (ICPAC) and a Licensed Insolvency Practitioner.
Non-Executive member
Dimitrios Ragias
Non-Executive member
Mr. Dimitrios Ragias is a Civil Engineer specializing in real estate development and management. He is Head of the Group Real Estate Unit of Piraeus Group. In addition, he is the CEO of Piraeus Real Estate S.A. and PICAR S.A.
Before joining the PIRAEUS BANK Group, he worked at Resolute Asset Management, and earlier he was involved in the development and construction of commercial real estate. He has been involved in major transactions in the sale and management of real estate and non-performing loan portfolios in Greece, Cyprus, the UK, and the United Arab Emirates. He has over 15 years of experience in the areas of project and construction development, mergers and acquisitions, valuations and business planning, as well as in large-scale project management and advisory services to the financial sector.
Mr. Ragias holds an MBA from INSEAD Business School and a B.Sc./M.Sc. degree in Civil Engineering from the Aristotle University of Thessaloniki.
Non-Executive Member
Artemisia Kourkoumeli
Non-Executive Member
Mrs Kourkoumeli has 27 years of experience in the banking sector, with extensive involvement in the NPE market, as well as in strategic planning, risk management, and project management. She has also taken on leadership roles in large-scale projects at Piraeus Bank aimed at the bank’s transformation.
Specifically, Mrs Kourkoumeli has worked as Assistant Credit Analyst in CITIBANK N.A. – Greece (1997-1999), and as Settlement Associate in Morgan Stanley (2000-2004) in the team for convertible bonds, GDR’ s και warrants, and evolved to Supervisor referring directly to the senior management.
Since 2004, she has joint Piraeus Bank, while she, over the years, has consecutively taken on the below position, namely, Supervisory of the Retail Reporting Unit (2004-2008), Head of Special Issues Servicing Unit (SISU) (2009-2014), Head of Corporate RBU Strategy (Recovery Banking Unti) (2014-2019), Head of NPE Strategy, Planning & Monitoring (Non-Performing Management Unit) (2019-2022), while today, holds the position of the Head of NPEMU – Securitizations & Participations, in which she is responsible for the overall management of the NPE portfolio across Piraeus Bank’s Group, including the development and implementation of the NPE and REO strategy.
Moreover today, she is Vice Chairwoman in the Board of Directors of the companies SIRRUS SINGLE MEMBER S.A., SEVTHIS SINGLE MEMBER S.A. and INTRUM BTB SINGLE MEMBER S.A., while she is also Non-Executive Member in the Board of Directors of the companies INTRUM HELLAS REO SOLUTIONS S.A., STRIX AMC and STRIX GP.
Mrs Kourkoumeli is holder of an MSc in International Banking and Financial Studies from Heriot-Watt University, Edinburgh and of an Honours degree in Economic Sciences from the National and Kapodistrian University of Athens – Department of Economics.