Proton Bank shareholder Lavrentiadis cuts stake

Small Greek lender Proton Bank said on Wednesday businessman Lavrentis Lavrentiadis had cut his stake to 15.55% from 20.1%.
Lavrentiadis, who acquired the stake from Piraeus Bank in 2009, sold 3.1 mln Proton shares on March 24.
Last month Proton, which runs a network of 31 branches, named a new chief executive and chairman.
It picked former U.S. ambassador Daniel Speckhard to head its board of directors and former ABN AMRO-Greece manager Rudolf Eduard Oldeman as chief executive.