Leousis ap­pointed to head TAIPED

Kathimerini English - - Focus - ILIAS BELLOS

The su­per­vi­sory coun­cil of the Hel­lenic Hold­ings and Prop­erty Com­pany (EESP) pro­vided a so­lu­tion to the ad­min­is­tra­tive cri­sis at state sell­off fund TAIPED by se­lect­ing the fund’s chief ex­ec­u­tive of­fi­cer An­to­nis Leousis as its new pres­i­dent, so that he holds both po­si­tions.

The ap­point­ment will al­low for the up­dat­ing next week of the As­set Devel­op­ment Plan, one of Greece’s bailout obli­ga­tions that has been de­layed, TAIPED sources ex­plained.

EESP in­ter­vened to end the cri­sis at TAIPED – since May an EESP sub­sidiary – as the com­pe­tence of ap­point­ing the TAIPED ad­min­is­tra­tion lies with the gov­ern­ing board of EESP, which has yet to be formed. There­fore, the re­spon­si­bil­ity was passed to the EESP su­per­vi­sory coun­cil, which per­formed its first act of cri­sis man­age­ment.

The prob­lem at TAIPED was ex­ac­er­bated when its pre­vi­ous pres­i­dent, Ster­gios Pit­sior­las, was made deputy econ­omy and devel­op­ment min­is­ter, leav­ing the TAIPED board with just three mem­bers, against the nor­mal fig­ure of five. Three mem­bers are enough to make de­ci­sions, but only if they all agree.

Af­ter one of them dis­agreed on Thurs­day, the head of the EESP su­per­vi­sory board con­tacted Fi­nance Min­is­ter Eu­clid Tsakalo­tos, who in­di­rectly ex­pressed his pref­er­ence for Leousis, who last night was voted pres­i­dent by the TAIPED board.

TAIPED’s chief ex­ec­u­tive An­to­nis Leousis was also elected its pres­i­dent.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.