A Dutch­man at the helm...

Financial Mirror (Cyprus) - - FRONT PAGE -

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

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