The Bank of Cyprus Group announces that, Mr Louis Pochanis has been appointed General Manager of the Cyprus Investment and Securities Corporation (CISCO). The duties of CISCO?s General Manager were up to now carried out by Mr Charilaos Stavrakis. Mr Pochanis is the Manager of the Private Banking Division of the Bank of Cyprus, a position he will continue to hold. He holds a BSc degree in Economics from Loughborough University and is an Associate (ACA) of the Institute of Chartered Accountants in England and Wales. He has many years of banking experience, with specialisation in the areas of International Fund Management and Private Banking.

For both his duties as Manager of the Private Banking Division of the Bank, as well as his duties as General Manager of CISCO, Mr Pochanis will report to Mr Charilaos Stavrakis, Group General Manager ? International Banking Services and through him to Mr Evdokimos Xenophontos, Director of Bank of Cyprus and Chief Group General Manager and a member of CISCO?s Board of Directors.