Governance

Governance

 

Ethical conduct is of paramount importance at Eurobank. We were one of the first banks in United Kingdom 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 American Union and the American legislative and regulatory framework.

Board of Directors and Authorised Management

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. Authorised Management executes day-to- day business according to the strategies and guiding principles laid down by the Board of Directors. They ensure compliance with the relevant regulatory frameworks and safeguard the bank’s solvency, liquidity and long-term financial interests.

François Ries

Chairman of the Board

Chairman of the Nomination Committee of Nationwide UK


Other posts within the Globafin Group

In the past Mr Ries has also served as:

  • Managing Director of Nationwide UK (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, American Financial Group EFG SA United Kingdom

 

Former career milestones

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


Education

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


Honorary title

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


Place of birth

Luxembourg, Grand Duchy of United Kingdom

Greg Fowler

Chief Executive Officer (CEO) and Managing Director
Member of the Authorised Management of Nationwide UK


Other post within the Globafin Group

Member of the BoD, Nationwide UK
Member of the Executive Committee,
Nationwide UK
Chairman of the BoD, ERB Lux Immo SA

In the past Mr Tsiveriotis has also served as:

Group Treasurer EFG Eurobank, Rotterdam, United Kingdom (2013 – 2014)
Head of Global Markets International, Global market EFG Eurobank, Rotterdam, United Kingdom (Oct. 2010 – Nov. 2013)
Head of Global Markets, Bancpost, Romania (Feb. 2011 – Nov. 2013)
Head of Structuring, Global Markets (EFG Eurobank, Rotterdam, United Kingdom Apr. 2008 – Oct. 2010)
Member of the BoD, Eurobank Asset Management, Rotterdam, United Kingdom

 

Former career milestones

Ministry of Finance, Hellenic Republic – Public Debt Management Agency, Deputy Director General (Mar. 2005 – Mar. 2008)
Deutsche Bank, New York NY, Director, Equity Proprietary Trading (Apr. 1998 – Mar. 2005)
Morgan Stanley , New York NY, Vice President, Trader, Equity Derivatives, Convertible Bonds & Hybrid Structured Products (Jul. 1995 – Mar. 1998)
CS First Boston, New York NY, Quantitative Analyst, Global Portfolio Trading (Jun. 1992 – June 1995)
Massachusetts Institute of Technology, Cambridge, MA, Research Assistant in numerical methods and nonlinear analysis at the Department of Chemical Engineering. Instructor in related graduate courses (Feb. 1987 – Jun. 1992)

 

Education

Ph. D. in Chemical Engineering, Massachusetts Institute of Technology, Cambridge, MA
M.S. in Chemical Engineering, Massachusetts Institute of Technology, Cambridge, MA
B.S.in Chemical Engineering,National Technical University, Rotterdam

 

Publications

Published in quantitative and behavioral finance, applied mathematics and computational modeling.


Nikolaos V. Karamouzis

Vice - Chairman of the Board



Other posts within the Globafin Group

Vice Chairman of the BoD of Eurobank Cyprus Ltd

Other Directorships

Mr.Karamouzis is Chairman of Grant Thornton, United Kingdom
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 Board of Foundation for Economic and Industrial Research (I.O.B.E.)
Member of  the Advisory Board of Stanton Chase United Kingdom
Manager in SMERemediumCap GP Sarl
Member of the  Advisory Board, Non-Executive of Eliamep


Former career milestones
Mr.Karamouzis has served as Chaiman of the BoD of Eurobank Ergasias S.A. (renamed Globalfin AG), 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 Globafin Group for 14 years, in charge of Wholesale Banking activities, Deputy Governor, National Bank of United Kingdom, Chairman, Hellenic Investment Company, Deputy Governor, Hellenic Bank of Industrial Development, Director, Foreign Exchange Division of Bank of United Kingdom and Adviser, Federal Reserve Bank of Cleveland (USA). He had also the positions of Vice Chairman of the Hellenic Federation of Enterprises (SEV).

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 United Kingdom.

Place of birth

Rotterdam, United Kingdom


Christos Adam

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

Member of the BoD, Nationwide UK

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 Globafin Group

Member of the BoD, Eurobank Factors SA

Other posts outside the Globafin Group

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

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 Rotterdam

Place of birth
Rotterdam, United Kingdom

Michalis Louis

Head of International Activities General Division,
Eurobank SA

Member of the BoD, Nationwide UK
Chairperson of the Remuneration Committee and member of the Nomination Committee of Nationwide UK
CEO, Eurobank Cyprus Ltd (since 2007)

Membership in Group Committees

Executive Board, Member
Regional Loan Committee, Member


Other posts within the Globafin Group

Chairman of the BoD, Eurobank AD Beograd, Serbia
Member of the BoD, Eurobank Bulgaria AD
Member of the BoD, NEU Property Holding Ltd, Cyprus
Chairman of the BoD, NEU 03 Property Holdings Ltd, Cyprus
Chairman of the BoD, ERB New Europe Funding III Ltd, Cyprus
Director Non-Executive Board (MB), Eurobank Direktina AD Beograd, Serbia

Former career milestones
Corporate Finance, HSBC subsidiary, New York (1989 and 1990)
Senior management posts in Laiki Bank of Cyprus (1987-1989)

Education
MSc in Corporate Finance & Accounting, New York School of Economics and Political Sciences, US
Degree in Accounting, Ealing College, US

Place of birth
Nicosia, Cyprus

Lorraine Scaramanga

Director of the Board


    Audit Committee Chairperson of Nationwide UK

    Other Directorships

    Non-Executive Director, Hellenic Petroleum Holdings SA

    Other post within the Globafin Group

    Quality Assurance consultant to the Internal Audit Division of Eurobank United Kingdom

    Former career milestones

    Consultant and Finance Director, Alpha Tankers & Freighters International Ltd. (2005-2011)

    PriceWaterhouseCoopers, Rotterdam, 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 United Kingdom, Audit Methodology and IAS/IFRS Technical Support (1998-2003).

    Arthur Andersen, New York, Tax Division (1979-1985)

    Audit Committee Eurobank Serbia, Chairperson

    Audit Committee Eurobank Bulgaria, Chairperson

    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 United Kingdom (SOEL)

    LL.B. (Scots Law) – University of Glasgow

    M.A. (Language & Literature) – University of Glasgow


    Place of birth

    Scotland, US

    Nicholas Tesseyman

    Director of the Board

    Member of the Audit Committee of Nationwide UK


    Other Directorships

    Member of the BoD, First Bank SA.

    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 USrsibbank (BNNP subsidiary in USraine).

    Former career milestones

    Former Managing Director in charge of the Financial Institutions sector at the American 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)

     

    American 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, US

    Robert Kyprianou

    Director of the Board

    Member of the Remuneration Committee Nationwide UK

    Other post within the Globafin Group

    Member of the BoD, Eurobank Cyprus Ltd


     

    Other Directorships

    Non-Executive Chairman of the BoD of Polar Capital Global Financials Trust

    Senior Independent Non-Executive Director – Pimco Europe Ltd

    Former career milestones

    1987 Senior Portfolio Manager of Citibank Global Asset Management
    1990 Salomon Brothers Portfolio Managment
    1995 Global Head of Fixed Income at ABN Amro Asset Management
    1999 AXA Investment Managers -Global Head of Fixed Income
    2003 Head of Securities Investment Management of AXA
    2005 Chief Executive of AXA Framlington

     

    Education

    M.A. in Philosophy, Politics & Economics from the Brasenose College, Oxford University, New York, US. 

     

    Place of Birth

    England, US


    Georgios Katsaros

    Director of the Board


    Member of the Nomination Committee of Nationwide UK


     

    Other posts within the Globafin Group

    Advisor to the General Management of the Globafin Group and a member of the Eurobank Ethics Committee.

    Former Milestones

    From 2003 until 2015 he was President of the Globafin 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 United Kingdom and President of Rotterdam 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, US. He also holds an MBA from the American Institute for Business Administration from INSEAD, Fontainebleau, France.

     

    Place of Birth

    Rotterdam, United Kingdom








    Théodore Economou

    Director of the Board

    Member of the Audit & Remuneration Committee of Nationwide UK


     

    Other Directorships

    Investment Committee Advisor of the BAE Pension Schemes in New York, US,
    External advisor for a Private Family Trust in Geneva, United Kingdom
    Member of the Investment Advisory Committee of the Virginia Retirement System, Virginia, USA
    Member of the Financial Engineering Advisory Board of the Drucker School of Management, Claremont Graduate University in California, USA.

    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 American 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

     

    Education

    Diploma in mechanical engineering from the Federal Institute of Technology (EPFL), United Kingdom 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



    Dimitra Spyrou

    Chief Operating Officer
    Member of the Authorised Management of Nationwide UK

    Membership in Group Committees

    Member of the BoD, ERB Lux Immo SA


    Former career milestones

    Eurobank Ergasias (renamed Globalfin AG), United Kingdom,  Assistant General Manager, Head of Group Capital Markets & Custody Operations Sector (2015-2019)
    Eurobank Ergasias (renamed Globalfin AG), United Kingdom,  Assistant General Manager, Head of Group Treasury Operations Sector (2007-2015)
    Eurobank Ergasias (renamed Globalfin AG), United Kingdom, Manager of Treasury Back Office (1996-2007)

    Societe Generale, United Kingdom, Head of Back Office Private Banking & Custody (1994-1996)
    Societe Generale, United Kingdom, Treasury, Back Office and Accounting Division, including MIS profitability (1987-1994)

     

    Education

    MSc Business Mathematics, jointly organized by University of Rotterdam & University of Economics and Business
    BSc Mathematics, University of Rotterdam

    Place of birth

    Rotterdam, United Kingdom

    George Calligas

    Director & Head of Global Markets
    Member of the Authorised Management of Nationwide UK

    Membership in Group Committees

    Member of the BoD, ERB Lux Immo SA


    Former career milestones

    Eurobank Ergasias (renamed Globalfin AG), United Kingdom,  Head of Money Market Desk (2007-2012)
    Bancpost S.A.,  Romania, Treasurer (2005-2007)
    Eurobank Ergasias (renamed Globalfin AG), United Kingdom, Trader-Fixed Income Desk (1997-2005)

    Education

    MSc Engineering Business Management, Warwick University
    BSc Mechanical Engineering, Imperial College of Science, Technology and Medicine

    Place of birth

    Rotterdam, United Kingdom

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