A Dutchman at the helm...
Hellenic Bank, one of the island’s four systemic banks that underwent stringent capital stress tests last October, appointed Dutchman Bert Pijls as its new Chief Executive Officer on November 7.
He replaced Marinos Yannopoulos who had been acting CEO since September, and later returned to his role as a non-executive director on the board.
Yannopoulos, who was vice president at the time, stepped in to take over from veteran banker Makis Keravnos who had resigned after ten years at the bank’s helm.
Pijls brings over two decades of banking experience to Hellenic, which concluded a EUR 220 mln rights issue to meet capital shortfall identified in the EU-wide stress tests and fund its ambitious growth plans.
“With his deep experience in banking across six different countries and his recent specialism in the use of digital channels to enhance customer service, Bert Pijls is ideally placed to ensure the implementation of our strategic plan and capture the considerable opportunity before us as the solid banking alternative for Cypriot households and businesses,” chairwoman Irena Georgiadou said at the time of the appointment.
Pijls was most recently Managing Director of Customer Services and Commercial at British Gas/Centrica, where he had a strong focus on increasing the