Ergobank, Board of Directors | Eurobank
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Ergobank, Board of Directors

The Board of Directors of ErgoBank was convened today, Friday 21 January 2000.

The Board of Directors of ErgoBank was convened today, Friday 21 January 2000.
The Board of Directors accepted the resignations of two members, namely, Mr. Constantine Vassilakopoulos and Mrs. Maria Papastamou. It also approved the appointment of Mr. Pericles Petalas, C.E.O. of EFG Bank Group, and Mr. Emmanuel Bussetil, Group Financial Director of EFG Bank Group, of which ErgoBank is a member. The Board of Directors expressed its warm thanks to the departing members for their contribution to the developemnt of ErgoBank. In addition, the Board of Directors, during its meeting today, decided to launch the merging process between ErgoBank and EFG Eurobank.
In this connection, it approved the appointment of the international accountancy firm Deloitte & Touche as controller of the merger. The aforementioned firm will ascertain that the share-exchange ratio involved in the future merger of the two banks is both equitable and reasonable.