Appointment of Mr Oliver Gatzke as new Executive Director / Chief Executive Officer of Hellenic Bank Public Company Ltd

23 March 2021

Hellenic Bank Public Company Ltd (the “Bank”) announces that the Board of Directors of the Bank, during its meeting held yesterday, decided the appointment of Mr Oliver Gatzke as the new Chief Executive Officer of Hellenic Bank Group and Executive Member of the Board of Directors of the Bank.

Mr Oliver Gatzke has been, until August last year, the Chief Financial Officer and Chief Technology Officer of European systemic bank, Hamburg Commercial Bank AG (formerly HSH Nordbank AG), where he focused on finance, IT / digitization, business operations and facility management.  He had joined HSH Nordbank AG in 2013 as a Finance Director then Chief Financial Officer, co-leading the first privatization of a state-owned bank in Germany to international financial investors.

Previously, he had been working for sixteen years at Audit firm KPMG AG in Germany as a Partner Transactions & Restructuring Financial Services from 2007 (with secondment to KPMG London, UK), as (Senior) Manager Transactions & Restructuring from 2001 (with secondment to KPMG Chicago, USA) and as Assistant Manager Corporate Finance from 1997.

Mr O. Gatzke has graduated from the University of Hamburg in Germany with an Honours degree in Business Administration; before then he obtained the qualification of the Hamburg Chamber of Commerce Banker while training at Deutsche Bank AG Hamburg (1989-1996).

The appointment of Mr O. Gatzke is subject to the approval of the European Central Bank / Central Bank of Cyprus.  In the meantime, the duties of the Chief Executive Officer continue to be officiated by Mr Phivos Stasopoulos, General Manager, Business.