The Company maintains a policy of corporate governance to monitor the control of management, provide transparency in relation to the ownership and control of the business, and to allow shareholders to participate in the key decisions of the Company.

 


The Members of the Board of Directors of the Company are the following:
  • Petros Katsoulas, Chairman - Independent Non-Executive Member
  • Georgios Efstratiadis, CΕO-Executive Member
  • Stavroula Markouli, Executive Member
  • Loukas Papazoglou, Non‐Executive Member
  • Konstantinos Galiatsos,Independent Non-Executive Member
  • Stefanos Capsaskis, Independent Non-Executive Member
  • Efstratios Chatzigiannis, Independent Non‐Executive Member

Biographies

Petros Katsoulas, Chairman - Independent Non-Executive Member
Mr. Katsoulas is a graduate of the Computer Science Department of the University of Crete (1988), while he also holds an M.Sc. in Software Engineering and an MBA from Aston University, Birmingham, UK (1990 and 1993 respectively). He started his career in July 1993 working in the investment banking unit of Barclays Bank (BZW) in Athens until October 1996. From October 1996 to December 1997 he worked in the Equities Research Department of BZW in London. From 1998 he worked in the Equities Research Department of Credit Suisse in London, where from 2001 to 2008 he was member of the European telecoms Research team and from 2008 to 2010 he was responsible for Greek Equities Research. From May 2010 he was Head of Sales and Trading at NBG Securities (a subsidiary of National Bank of Greece) and in July 2011 he was appointed CEO of NBG Securities. From August 2013 he was General Manger, Group Strategy at Eurobank and Member of the Executive Board. Since September 2015 he is Partner at Elikonos Capital S.A.

Georgios Efstratiadis, CEO - Executive Member
Mr. Efstratiadis studied Economics in the Athens University of Economics and Business and holds a Master degree in Finance and Investment from the University of Exeter (Great Britain). His career started in Ergasias Bank as a financial analyst, loan department executive and finally General Manager of the subsidiary closed end fund GREEK PROGRESS FUND S.A. In 1998 he joined MARFIN Group as Head of Asset Management Division and later as CEO of Marfin Global Asset Management S.A. From 2006 to 2007 he served as CEO in Marfin Bank and from 2007 to 2010 as General Manager of Marfin Investment Group (MIG). In 2010 he assumed the position of Deputy CEO of OLYMPIC AIR and remained therein until 2012. From 2011 until 2016 he also served as Chairman and CEO in the aircraft ground handling company SKYSERV (former OLYMPIC HANDLING S.A.). He has also been appointed as Chairman and CEO of Athenian Engineering and served as Vice-Chairman of the private hospital HYGEIA. Mr Efstratiadis served for many years as BoD member of many MIG group companies such as Delta, Goody’s, Singular Logic, Barba Stathis, Hygeia, whereas he maintains his position in the Board of Directors of Attica Group, which is a listed company. He has also been a member of the audit committee in Hygeia (Chairman), Singular Logic (Chairman), Attica Group, Vivartia and MIG. He is a member of the Economic Chamber of Athens.

Stavroula Markouli, Executive Member
Mrs. Markouli holds a bachelor’s degree from the Athens University of Economics and Business with specialization in Accounting. From 1986 to 2000 she was employed as Head of Accounting Department in various Greek enterprises operating in the sectors of transports and industrial products. In 2000 she joined MARFIN Group as Head of Accounting Department of MARFIN FINANCIAL SECURITIES S.A. From 2003 to September 2007 she served as Head of Accounting Department in INVESTMENT BANK OF GREECE. From 2007 to February 2020 she was Head of Accounting Department of MARFIN INVESTMENT GROUP (MIG) and in March 2020 she was appointed as Director of Accounting and Finance. From time to time she has served as Member of the Board of Directors in various companies of MIG group.

Loukas Papazoglou, Non‐Executive Member
Loukas Papazoglou is a business counsel with great experience in international and Greek enterprises. He has been, amongst others, a Special Secretary of Privatizations, Chairman in the Athens International Airport, Project Manager and Member of the BoD of the Aegean Motorway and Olympia Odos as representative of the shareholder (HTC), C.E.O. of APIVITA S.A. He has obtained a Business Administration degree from Athens University of Financial and Commercial Studies (ASOEE) and an MSc in International Banking and Finance from University of Reading.

Konstantinos Galiatsos, Independent Non-Executive Member
Costas Galiatsos is a member of the Board of Directors of Marfin Investment Group. He has extensive experience in the financial sector. He has worked for several years in a major Greek bank and he was Vice President of an Undertaking for Collective Investments in Transferable Securities, listed in Athens Stock Exchange. He was also Chairman of the Board of Directors & CEO of the Hellenic Fund for Entrepreneurship and Development (ETEAN). He was Adjust Professor at Aegean University, in Athens University of Economics and Business and in Open University. He was Head of Educational Program of Hellenic Banking Institute, of Hellenic Bank Association. He is an author of several books and articles in scientific journals.

Stefanos Capsaskis, Independent Non-Executive Member
Dr Stefanos C. Capsaskis holds M.Eng. and Ph.D. degrees in Chemical Engineering from the University of Cambridge (UK). He has been working in venture capital since 1999, first at Commercial Capital S.A. (1999-2003), where he was Director – Investments, and then at 7L Capital Advisors, where he is Partner. Since 2017, he also teaches a related course at the University of Cambridge, as a Senior Associate in the Department of Chemical Engineering and Biotechnology. Prior to 1999, he served as Treasury Manager and Senior Manager of the London Branch of Ergobank S.A. He has served as non-executive director of Probank S.A. (2003-2011) and since 2012 he is a member of the Board of the Foundation for Economic & Industrial Research (IOBE).

Efstratios Chatzigiannis, Independent Non-Executive Member
Mr Stratos Chatzigiannis is an advisor with over 30 years of professional experience. Since 2014, he has been an advisor to Landbay, an innovative P2P fintech. He is also an advisor to several technology start-ups and medium sized businesses, sharing his expertise and insights in corporate governance structures, financial management, development strategies and growth generation. He started his career in 1979 with KPMG in London where he also qualified as a Chartered Accountant (ACA 1983). Until 1996, he focused in the finance and construction sectors developing expertise in project management in a transactional environment. In 1997, he was appointed Head of Capital Markets at London-based NBGI. Furthermore, he served as NBG PLC’s Chairman. He was elected as Chairman and Deputy Chairman of the Hellenic Bankers Association UK for three consecutive terms. He holds a B.Sc. in Industry and Trade and an M. Sc. In Accounting and Finance from the London School of Economics.


Audit Committee

The Audit Committee consists of the following members:

  • Stefanos Capsaskis (Chairman)
  • Konstantinos Galiatsos (Member)
  • Efstratios Chatzigiannis (Member)
Nomination and Remuneration Committee

The Nomination and Remuneration Committee consists of the following members:

  • Konstantinos Galiatsos (Chairman)
  • Stefanos Capsaskis (Member )
  • Loukas Papazoglou (Member)