Liberty Life Insurance Public Co Ltd. announced that the board of directors accepted the resignation of Mr. Zenios Demetriou from his position as Managing Director. Mr. Zenios Demetriou will continue to be a member of the Board of Directors until the next General Meeting. Mr. Yiannos Ioannides has been appointed as new Managing Director.

The appointment of Mr. Ioannides is subject to the Insurance Superintendent's approval. The Board of Directors also accepted the resignation of Mrs. Elena Timotheou from her position as Secretary of the Board of Directors. Mrs. Elena Pitta has been appointed as new Secretary of the Board of Directors.