Board of Directors

Governance

 

Ethical conduct is of paramount importance at Eurobank. We were one of the first banks in Luxembourg to sign the ICMA Private Banking Wealth Management Charter of Quality. In doing so, we pledged our commitment to the three main principles on which the charter is founded: integrity, transparency and professionalism.

Our governance bodies and practices comply with the strictest requirements of the European Union and the European legislative and regulatory framework.

Board of Directors

The Board of Directors has overall responsibility for the bank. It ensures business continuity, oversees management and protects the long-term interests of clients, employees and shareholders.


François Ries

Chairman of the Board


Chairman of the Nomination Committee of Eurobank Private Bank Luxembourg SA

 

Other posts within the Eurobank Group

In the past Mr Ries has also served as:

  • Managing Director of Eurobank Private Bank Luxembourg SA (1991 – 2007)
  • Member of the BoD, EFG Private Bank (Luxembourg) SA
  • Member of the BoD, Aristolux Investment Fund Management Company SA
  • Member of the BoD, European Financial Group EFG SA Luxembourg

 

Former career milestones

Vice President, Loans and Private Banking, International Trade & Investment Bank Luxembourg (1978 – 1991)
Loans & Treasury Officer, Bank of America, Luxembourg (1970 – 1978)


Education

Baccalauréat – Collège Saint Michel – Fribourg (Switzerland)
Graduate HEC (Master ès Sciences Economiques & Commerciales ) – University of Lausanne (Switzerland)


Honorary title

Commandant de l'Ordre de la Couronne De Chêne (Order of the Oak Crown)


Place of birth

Luxembourg, Grand Duchy of Luxembourg

Michalis Athanasiou

Chief Executive Officer (CEO) and Managing Director


Other post within the Eurobank Group

Member of the BoD, Eurobank Private Bank Luxembourg SA

 

Former career milestones

Eurobank Private Bank Luxembourg - Senior General Manager, Head of Business Member of the Authorised Management
Bank of Cyprus PLC – Director Large & International Corporate Banking, Executive Director Global Corporate Banking & Markets, Group Chief Risk Officer
Cyprus Popular Bank PLC - Group Chief Risk Officer (2012–2013)
Marfin Popular Bank PLC - Director of International Operations (2011–2012)
Laiki Bank Australia (Ltd)- Chief Executive Officer (2006–2011)
Cyprus Popular Bank PLC - Treasurer (2003–2006)
Cyprus Popular Bank PLC - Various positions in the Group Treasury (1995–2003)

 

Past Directorships

2019 – 2022: Member and Chairman (2020) of the Board of BOC’s CISCO
2019 – 2022: Chairman of the Board of BOC Asset Management
2015 – 2022: Member & Chairman (2020) of the Board of Directors – LCP Holdings & Investments
2014 - 2019: Member of Board of Directors – CLR Investment Fund PCL
2014 – 07/2015: Member of Board of Directors – Uniastrum Bank.
2011- 03/2014: Member of Board of Directors – Bank of Sydney

 

Education

M.Sc. (Distinction) in International Securities, Investment and Banking, University of Reading

B.A (Hons) in Accounting and Finance,  University of North London
Certification of Professional Competence of Supervisors and Employees of Banks and Investment Firms – Republic of Cyprus.

 

Place of birth

Larnaca, Cyprus

Nikolaos V. Karamouzis

Vice - Chairman of the Board



Other posts within the Eurobank Group

Vice Chairman of the BoD of Eurobank Cyprus Ltd

 

Other Directorships

Mr.Karamouzis is Chairman of Grant Thornton, Greece
Executive Chairman of BoD, SMERemediumCap
Member of the Advisory Board of diaNEOsis
Member of the BoD of Onassis Foundation
Member of the Board of QUEST Holdings
Member of the  Advisory Board, Non-Executive of Eliamep (Hellenic Foundation for European and Foreign Policy)
Manager in SMERemediumCap GP Sarl

 

Former career milestones

Mr.Karamouzis has served as Chaiman of the BoD of Eurobank Ergasias S.A. (renamed Eurobank SA), Member of the Strategic Planning Committee, Member of Risk Committee and Nomination Committee and Member of the Bank`s Legal Council. He has also served as Chairman of the BoD of the Hellenic Bank Association, as CEO of Geniki Bank and Advisor to the Management and Members of the Strategic Planning Committee of Piraeus Bank Group, Deputy CEO of Eurobank Group for 14 years, in charge of Wholesale Banking activities, Deputy Governor, National Bank of Greece, Chairman, Hellenic Investment Company, Deputy Governor, Hellenic Bank of Industrial Development, Director, Foreign Exchange Division of Bank of Greece and Adviser, Federal Reserve Bank of Cleveland (USA). He had also the positions of Vice Chairman of the Hellenic Federation of Enterprises (SEV), was a  Member of  the Advisory Board of Stanton Chase Greece, Member of the Board of Foundation for Economic and Industrial Research (I.O.B.E.).

 

Education

Bachelor Degree in Economics, University of Piraeus
Master Degree in Economics, American University, USA
Ph.D. in Economics with specialization in Monetary Policy and International Finance, Pennsylvania State University, USA
Mr. Karamouzis holds the position of Emerritus Professor, University of Piraeus in Greece.

 

Place of birth

Athens, Greece



Christos Adam

General Manager,
Group Risk Management,
Group Chief Risk Officer (Group CRO),
Eurobank SA


Member of the BoD, Eurobank Private Bank Luxembourg SA
Member of the Board Risk Committee of Eurobank Private Bank Luxembourg SA

 

Membership in Group Committees

Strategic Planning Committee, Member
Executive Board, Member
Group Asset and Liability Committee (G-ALCO), Member
Management Risk Committee, Vice Chairman
Products & Services Committee, Chairman
Regulatory Matters Committee, Chairman
ESG Management Committee, Member
Real Estate Strategic Committee, Member

 

Other posts within the Eurobank Group

Member of the BoD, Eurobank Factors SA

 

Other posts outside the Eurobank Group

Member of the BoD, doValue Greece Loans and Credits Claim Management S.A

Board member for  the Institution for Occupational Retirement Provision-Occupational Insurance Fund Eurobank’s Group Personnel

 

Former career milestones

Deputy General Manager since 2005
Head of Group Credit Control Sector since 1998
In the past he served as Senior Account Officer & Senior Manager, Corporate Division (1990-1997).
Account Officer, Corporate Department, ANZ Grindlays SA (November 1987 – November 1990)
Credit Division, Ergobank central services (January – October 1987)

 

Education
MBA in Finance, University of Michigan, Ann Arbor, USA, with full scholarship from the Fulbright Foundation
Degree in Economics, School of Economics & Political Sciences, University of Athens

 

Place of birth
Athens, Greece


Lorraine Scaramanga

Director of the Board


    Member of the Audit Committee of Eurobank Private Bank Luxembourg SA

     

    Other

     Non-Executive Director and Chair of the Audit Committee, Athens International Airport SA

     

    Former Directorships

    Non-Executive Director and Chair of the Audit Committee, Helleniq Energy Holdings SA

     

    Former career milestones

    Quality Assurance consultant to the Internal Audit Division of Eurobank Greece
    Audit Committee Chair Eurobank Bulgaria and Eurobank Serbia (2007 – 2020)
    Consultant and Finance Director, Alpha Tankers & Freighters International Ltd. (2005-2011)
    PriceWaterhouseCoopers, Athens, Audit/Assurance Division (1985-2003). Partner from 1991/Head of Financial Services Group (1998-2003). In parallel, responsible for Audit Training (1991-2002), including the introduction of the ICAEW training qualification to the firm in Greece, Audit Methodology and IAS/IFRS Technical Support (1998-2003).
    Arthur Andersen, London, Tax Division (1979-1985)

     

    Education

    FCA - Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW)
    SOEL – Member (non-practicing) of the Institute of Certified Public Accountants of Greece (SOEL)
    LL.B. (Scots Law) – University of Glasgow
    M.A. (Language & Literature) – University of Glasgow


    Place of birth

    Scotland, UK

    Nicholas Tesseyman

    Director of the Board


    Audit Committee Chairperson of Eurobank Private Bank Luxembourg SA
    Member of the Board Risk Committee of Eurobank Private Bank Luxembourg SA

    Member of the Remuneration Committee of Eurobank Private Bank Luxembourg SA

     

    Other Directorships

    Member of the BOD, ProCredit Holding, AG

    Member of the BOD, ProCredit Bank dd Bosnia

    Member of the BOD, ProCredit, Moldova

    Member of the BOD, The Bell foundation (Educational Charity)

    Member of the BOD, The British and Foreign Schools Society (BFSS)

     

    Former Directorships

    Member of the Supervisory Board of Addiko Bank dd (until 21/10/2021)
    BTA Bank (Kazakhstan), URSA Bank, NBD Bank and Hansa Leasing (Russia), Slovenska Sporitelna (leading insurance company in Slovakia), and Ukrsibbank (BNNP subsidiary in Ukraine). Member of the BoD, First Bank SA, Romania.

     

    Former career milestones

    Former Managing Director in charge of the Financial Institutions sector at the European Bank for Reconstruction and Development (EBRD). (2008-2018)

     

    Standard Bank Plc, Director, Head of Financial Institutions, Russia and CIS (2008)

    Merrill Lynch International, Director (2006-2008)

     

    European Bank for Reconstruction & Development, Deputy Director (1996-2006)

    South Shore Bank, Small Loan Programme Manager(1994-1996)

    Barclays De Zoete Wedd, Manager, Structured Finance, Export and Projects Department, (1993-1994)

    Barclays Bank Plc, Management Development Programme, (1991-1993)

     

    Education

    Brasenose College, Oxford University - First Class Honours BA in Modern Languages

     

     

    Place of Birth

    England, UK


    Georgios Katsaros

    Director of the Board


    Member of the Nomination Committee of Eurobank Private Bank Luxembourg SA 

    Other posts outside the Eurobank Group

    Member of BOD of the doValue Cyprus

     

    Former Milestones

    From 2003 until 2015 he was President of the Eurobank Group Central Credit Committee, the Special Handling Committee and the Legal Handling Committee. Until 2021 held independent directorships in three companies; Jumbo SA, Sidma SA (Violhalco Group) and Kronos SA. In the past he also held the positions of President of the INSEAD Alumni
    Association in Greece and President of Athens College Alumni Association.

     

    Education

    Bachelor degree in Economics and Political Sciences. He earned a Master's degree in Industrial Economics from the University of Sussex, UK. He also holds an MBA from the European Institute for Business Administration from INSEAD, Fontainebleau, France.

     

     

    Place of Birth

    Athens, Greece



    Théodore Economou

    Director of the Board


    Chairperson of the Risk Committee of Eurobank Private Bank Luxembourg SA

    Member of the Audit Committee of Eurobank Private Bank Luxembourg SA
    Member of the Remuneration Committee of Eurobank Private Bank Luxembourg SA

     

    Other Directorships

    Investment Committee Advisor of the BAE Pension Schemes in London, UK,
    Member of the Investment Advisory Committee of the Virginia Retirement System, Virginia, USA
    METHAK INVESTMENT HOLDING (Jeddah, Saudi Arabia)
    Member of the Board of Directors & Investment Committee

     

    Former Milestones

    Head of Asset Management in Geneva at Symbiotics SA
    2015 CIO of the Multi Asset Group Lombard Odier Investment
    2009 CEO and CIO of CERN Pension Fund
    He received the “CIO of the year 2014” award by Institutional Investor,and was selected as one of the “top 5 European CIOs” at the 2014 IPE Awards. Mr Economou initiated a risk-based approach that came to be known as the CERN Model. He has chaired the investment committee of the Lombard Odier Pension Fund for six years between 2014 and 2020

    External advisor for a Private Family Trust in Geneva, Switzerland

    Member of the Financial Engineering Advisory Board of the Drucker School of Management, Claremont Graduate University in California, USA.

     

     

    Education

    Diploma in mechanical engineering from the Federal Institute of Technology (EPFL), Switzerland and has earned an MBA from Northwestern University’s J.L. Kellogg Graduate School of Management. He is  also a CFA Charterholder.

     

     

    Place of Birth

    Brussels, Belgium




    Christina Margelou

    Director of the Board
    Corporate Investment Banking General Manager
    Head of Shipping


     

    Former career milestones

    Alpha Bank – Corporate Investment Banking / Shipping Finance Division Assistant Manager (2013 to 2014)
    Emporiki Bank –Corporate Investment Banking / Transportation Division Head of Shipping Division (2008 to 2013)
    Emporiki Bank – Senior Relationship Manager and Sector Manager (1995 to 2007)
    Barclays Bank PLC – Shipping Finance Sector (1990 to 1995)

     

    Education

    CASS BUSINESS SCHOOL – London, England. Master of Science in Shipping, Trade and Finance – Distinction.                           
    DEREE COLLEGE - Athens, Greece.   BSc. in Business Administration, Major in General Business - Distinction                                               

     

    Awards

    Lloyds List Greek Shipping Awards, Shipping Financier of the Year 2017

     

    Place of birth

    Athens, Greece


    Emer Murray

    Director of the Board


    Chairperson of the Remuneration Committee of Eurobank Private Bank Luxembourg SA

    Member of the Risk Committee of Eurobank Private Bank Luxembourg SA

     

    Membership in Group Committees

    Member of the BoD, Independent Non-Executive Director, Eurobank Cyprus

    Member of the Risk Committee, Eurobank Cyprus

    Member of the Remuneration Committee, Eurobank Cyprus

     

    Other Directorships:

    Chair & Non-Executive Director, Yubix Limited
    Risk Chair & Non-Executive Director, Dublin Bus


    Former Milestones:

    VP, Professional Services, Fenergo Limited, (2018-2022)
    Head of Systems, National Asset Management Company (NAMA), (2010-2017)
    Program Manager, Allied Irish Bank, (2002-2010)

     

    Education:

    MSc in Project Management, University of Limerick
    BSc in Applied Mathematics, University of Limerick

     

    Memberships and Networks:

    Institute of Directors

    100 Women in Finance

    Mentor with Goingfar (http://goingfar.co/) working with migrant professionals in Ireland

    Sponsored events within Fenergo to promote women in tech; worked with@girlsintech,@becomeanITgirl and local schools to promote greater awareness of   the tech industry to girls in primary and secondary schools


    Place of birth:

    Galway, Ireland

     

     

     

    Heleni Fotineas

    Director of the Board


    Vice President, Secretary to the Board of Eurobank Private Bank Luxembourg SA

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