A New Chairman of United Bulgarian Bank’s Board of Directors

Today, 31.05.2016, at its session UBB Board of Directors, by proposal of Mr. Stilian Vatev, Chief Executive Officer, has decided that the position of BoD Chairman, held by Mr. Vatev since Y2013 to date, will be taken over by Mr. Marinis Stratopoulos - non-executive member of the Board and General Manager International Activities of the Group of National Bank of Greece.

This change has been triggered by the adopted in March this year Corporate Governance Code, according to which the Chairperson’s position should be held by a non-executive member of the Board of Directors.

 

Effective from 31.05.2016, UBB AD Board of Directors comprises, as follows:

 

Mr. Marinis Stratopoulos BoD Chairman and Member

 

Mr. Stilian Vatev, BoD Member

Chief Executive Officer

Mr. Radka Toncheva, BoD Member

Executive Director

Mr.Teodor Marinov, BoD Member 

Mr. Anastasios Lizos, BoD Member

Mr. Konstantions Bratos, BoD Member

Mr. Alexandros Benos, BoD Member