At its meeting held on 23 November 2010 the Board of Directors of National Bank of Greece elected Ms Maria (Marily) Frangista as a new board member in replacement of Ms Maria Sklavenitou who submitted her resignation. Ms Frangista is managing director of shipping firm Franco Compania Naviera SA. Furthermore, she serves on other boards of directors and participates in the Foreign Affairs Committee of the Association of Greek Shipowners. She is also a member of charity organizations, museums and institutions of a social and cultural nature.