Bank of Cyprus Group has promoted Antonis Jacouris to the sensitive position of Group General Manager – International Business and Operations, while Yiannis Siradakis assumes the role of General Manager of Bank of Cyprus Greece. Bank of Cyprus made the changes, adding that its successful entry into three new markets in 2007 (Romania, Russia, Ukraine) demands the creation of a new Group General Management position.
Antonis Jacouris, the present Group General Manager Bank of Cyprus Greece and Information & Operations, with extensive experience and valuable contribution to the Group, assumes the crucial position of Group General Manager – International Business and Operations.
The General Management of Romania, Russia, Ukraine and Australia, as well as the Group Operations, the Group IT, the Group Organisation & Methods and the Group Human Resources Divisions, will be reporting to A. Jacouris.
A new position reporting to Jacouris is created, that of Senior Manager – Group Business Development, with emphasis on the new markets (Romania, Russia, Ukraine). The new position will be assumed by Kyriacos Iacovides, the present Senior Manager – Retail and SME Banking Cyprus.
Yiannis Siradakis, the present Senior Manager – SME & Retail Banking of Bank of Cyprus Greece is promoted to General Manager of Bank of Cyprus Greece. Siradakis was born in Greece in 1964. He holds an MBA from University of Wales in the United Kingdom. He has been working with Bank of Cyprus Greece since 1991 and he was one of the core staff contributing to the dynamic course of Bank of Cyprus Greece, serving in various key positions.
A specialised Mergers and Acquisitions Unit is created within the framework of evaluation and review of the opportunities offered by the new internationalised environment, reporting to Christis Hadjimitsis, who is also responsible for the Group’s strategy and his position is therefore renamed Group General Manager – Finance & Strategy.
Founded in 1899, the Bank of Cyprus Group is the leading Cypriot banking and financial services group. In 1991, the Group established its first branch in Greece where it has been expanding rapidly since 1999. It has an established banking presence in the United Kingdom and in 2001 it expanded to Australia through a wholly owned subsidiary bank. In addition to retail and commercial banking, the Group’s activities include finance, factoring, investment banking, brokerage, fund management, life and general insurance. The Group currently operates through a total of 299 branches, of which 143 operate in Cyprus, 135 in Greece, 6 in the United Kingdom, 11 in Australia, 2 in Romania, 1 in Russia and 1 in the Channel Islands. Bank of Cyprus also has representative offices in Russia, Canada and South Africa. The Bank of Cyprus Group employs 6.759 staff worldwide.
