Emporiki Bank is to establish a new Unit, at General Division level, focusing on Participations, Real Estate & Private Banking, with the aim to further enhance the optimal utilization of its activity portfolio while also reinforcing its commercial orientation.
The main responsibilities of the new General Division, will be management of participations (including venture capital and handling of major corporate files) and the development of the Bank s activities in the Real Estate and Private Banking sectors.
The new General Division, added to the six currently reporting to the CEO, will be headed by Mr. Leonidas Zonnios, a senior executive with a three-year experience in the Management Team of Emporiki Bank, who headed until now the Corporate & Investment Banking General Division.
Mr. Pierre Harang, member of Emporiki Bank s Board of Directors with a long experience in Calyon, the corporate & investment banking arm of Credit Agricole, will head the General Division of Corporate & Investment Banking from now on. Mr. Harang participated actively in the acquisition process of Emporiki Bank and later headed the project for the alignment of the Operational and Governance model of the Bank in accordance with the standards of the Credit Agricole Group.
Concerning the creation of the new General Division, the CEO of Emporiki Bank, Mr. Anthony Crontiras noted: Having successfully reinforced our Retail and Corporate & Investment Banking sectors, with evident results as far as the bank s position in these markets is concerned, we create now the necessary infrastructure focusing on other crucial sectors of our activity, aiming at further enhancing the profitability and development of Emporiki Bank. I wish both of our extremely competent members of our Management Team every success in their new duties.