The Investment Committee is established by the Company’s Board of Directors. It consists of four (4) members – one of whom must be the Company’s CEO, acting as Chairman of the Committee. It is responsible for establishing the Company’s investment strategy, making decisions on the implementation of new investments, the monitoring of current investments, the liquidation of current investments and other related activities. The Investment Committee takes decisions by majority votes of its present or represented members, following an exchange of views and based on proposals and analyses by the Company’s relevant departments.
Members
Chairman, Executive Member
Tassos Kazinos
Chairman, 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 30 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.
Independent Non-Executive Member
George Kormas
Independent 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.
Non-Executive Member
Ioannis Vogiatzis
Non-Executive Member
Mr Ioannis Vogiatzis is the CEO of Strix Asset Management Limited and has over 20 years of experience in private equity and alternative investments sector.
Prior to his current role, he was Group Head of NPEs and Equity Participations at Piraeus Bank. He has also worked in London for NBGI Private Equity leading the South-Eastern Europe division of the firm, and at Citigroup Venture Capital International where he was focusing on private equity investments in Central-Eastern Europe, the Middle East, Africa, and India.
Mr Vogiatzis holds an MBA in International Business from Ecole Nationale des Ponts et Chaussées and an MEng in Chemical Engineering from the University of Birmingham.
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..
Independent Non-Executive Member
Adam Golebiowski
Independent Non-Executive Member
Adam Golebiowski is a real estate investor with over 20 years of experience across European markets, with a particular focus on opportunistic strategies and logistics and industrial assets. He has led the full investment lifecycle from capital raising and product design through acquisitions, portfolio management and exits, and has extensive board-level exposure through large-scale joint ventures, operating platforms and listed and private property companies.
He is currently Co-Portfolio Manager and Managing Director, Real Estate at ICG PLC, a FTSE 100-listed global alternative asset manager headquartered in London, where he co-leads the European opportunistic Metropolitan fund series focused on logistics and industrial assets in core Western European markets. In this role he is responsible for capital raising, investment execution and portfolio management across multiple vehicles.
Mr. Golebiowski serves on ICG Real Estate’s investment and management committees and is a member of ICG’s diversity and inclusion committee, as well as a supervisory board member of Axel Logistics, the dedicated asset management platform for the Metropolitan funds.
Previously, he was a Managing Director at Baupost Group International LLP, co-heading the European real estate team with responsibility for sourcing opportunities, managing partner relationships and overseeing key asset management and development initiatives. Before that, he was Head of Real Estate Europe at Alberta Investment Management Corporation, leading the regional real estate business and representing AIMCo on multiple European boards.
Earlier in his career, Mr. Golebiowski held investment roles at UK & European Investments (now Blue Coast Capital), Citi Property Investors, JER Partners and JPMorgan, building a foundation in opportunistic and value-add strategies and cross-border real estate transactions across Western and Central Europe.
Mr. Golebiowski holds a Bachelor of Commerce degree with a major in Finance from McGill University in Canada.