Marfin Popular Bank Public Co Ltd announces that following the resignation of Mr Iraklis Kounadis, the Board of Directors decided that Mr Panayiotis Kounnis, Group Deputy Chief Executive Officer and Country Manager of Cyprus, undertakes in addition to his present duties, the duties of Country Manager of Greece.

The new structure is expected to contribute significantly to the faster consolidation of the Group's operations, improve efficiency and further promote the creation of synergies, as well as the better co-ordination between the business units of the Group