Bank of Cyprus Group announces that Spyros Neophytou, who joined the Bank of Cyprus in the UK in 1972, is retiring as General Manager of Bank of Cyprus UK at the end of April 2006 and will be succeeded by his present deputy, Iacovos Koumi. Iacovos Koumi joined Bank of Cyprus UK in 1999 having worked in finance and banking in the City of London. Born and educated in the UK, Mr Koumi is a Fellow of the Institute of Chartered Accountants in England and Wales, a Fellow of the UK Securities & Investment Institute and a trustee director of the London-based Exposure youth media charity.