Announcement – New appointment of a member of the Board of Directors

13 Apr, 2017

Ancoria Bank Ltd announces that Dr. Marios Clerides is appointed as a Member of the Board of Directors of Ancoria Bank. His appointment is effective from 11/4/2017.

Ancoria Bank would like to welcome Dr. Clerides to its Board of Directors.

Dr. Clerides joined Hellenic Bank in 1982 as Head of Planning & Research. Thereafter, he assumed additional responsibility for Cards & Retail Services, Investment Banking, and Treasury and International Banking. In 2001 he was appointed as Chairman of Cyprus Capital Markets Commission on a 5-year contract. In 2006, he returned to Hellenic Bank to assume the position of Group Risk Officer and Deputy CEO. Between 2013 and 2015 he was the CEO of the Coop Bank. Dr. Clerides is a member of the National Council of Economic Advisors, Chairman of the Cyprus Economic Society and member of the Council of the Centre of Economic Research of University of Cyprus. He teaches MSc & MBA students on the Cyprus Banking System and Cyprus Money at the University of Cyprus.

Dr. Clerides is a London School of Economics and Political Science graduate with a BSc and MSc in Economics and a PhD in Labour Economics.