Death of Independent Non-Executive Director, Mr. Constantine Iordanou
Nicosia, 17 June 2024
Group Profile
The Bank of Cyprus Group is the leading banking and financial services group in Cyprus, providing a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. At 31 December 2023, the Bank of Cyprus Group operated through a total of 64 branches in Cyprus, of which 4 operated as cash offices. The Bank of Cyprus Group employed 2,830 staff worldwide. At 31 December 2023, the Group's Total Assets amounted to €26.6 bn and Total Equity was €2.5 bn. The Bank of Cyprus Group comprises Bank of Cyprus Holdings Public Limited Company, its subsidiary Bank of Cyprus Public Company Limited and its subsidiaries.
It is with great sadness that Bank of Cyprus Holdings plc (the 'Company') announces today that Mr. Constantine (Dinos) Iordanou, an independent non-Executive Director of the Company, passed away on 16 June 2024. Mr. Iordanou served as a member of the Board since 29 November 2021 and was Chair of the Audit Committee, Human Resources & Remuneration Committee and Technology Committee. He also served as Senior Independent Director.
Commenting, Mr. Efstratios-Georgios (Takis) Arapoglou, Chair of the Company said: 'It is with deep sadness that we learned of the passing of our fellow Board member Mr. Constantine Iordanou. Dinos was a highly respected and valued member of our Board and will be deeply missed by all who had the privilege of working with him. Our thoughts and condolences are with Dinos's family and loved ones during this very difficult time.'
For further information, please contact Investor Relations at investors@bankofcyprus.com.
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Bank of Cyprus Holdings PLC is a Cyprus-based holding company of a group operating in the banking sector. The Group's activities include mainly the provision of banking, financial and insurance services, as well as management and disposal of property predominately acquired in exchange of debt or as an investment property. The group is organized into operating segments operating in Cyprus such as Retail, Corporate, Global Corporate, International Banking Services, Insurance, Small and Medium-sized Enterprises, Wealth Management, REMU, Treasury and Others as well as an Overseas segment with includes all operations outside of Cyprus. The Company operates in Cyprus, the United Kingdom, Greece, Romania, and Russia.