According to a statement by the Bank, in his new role, Loizides will oversee the management of non-banking investments of the Group both in Greece and abroad.
Loizides, who will continue to hold the position of Chairman of Piraeus Bank (Cyprus) Ltd, was previously President and CEO of Hellenic Bank (1996-2005). More recently (2013-2016), Loizides was CEO of Piraeus Bank Egypt.
In March 2013, Piraeus Bank acquired the Greek banking operations of Cyprus’ three big lenders at the time.
Souce: InCyprus
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Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
Read Georg Bühler's Insight
