THE: Alfa Bank announced his placement Lazarus Papagarifallos as Group Deputy CEO, confirming him exclusive information Posted by wiseman today.
Remaining a member of the Executive Committee, Mr. Papagarifallou, in his new role, will further focus on the implementation of the Group’s key strategic objectives as Chief Financial Officer, Chief Operating Officer, Chief International Network, as well as; Chief Economist and CEO of Alpha Real Estate Services to work closely with him to improve the Bank’s performance.
THE: Vasilis Kosmas holds the position of Chief Financial Officer and member of the Executive Committee of the Bank. Mr. Kosmas, in close cooperation with Mr. Papagarifallou, will be responsible for the areas of performance management and reporting, statutory reporting and tax, capital management and banking supervision, asset liability management, capital instruments and securitization, NPE strategy recovery and monitoring. Relations with investors.
Vasilis Psaltis, executive director of Alpha Bank Group, said:
“Lazarus has successfully led many important initiatives over the years, always focusing on creating value. He has extensive experience managing a complex banking agenda and demonstrates unparalleled commitment to the delivery of our business plans, a testament to which I am confident that in his new role he will strongly support the delivery of our strategic and financial objectives.
Vassilis has worked closely with us in recent years in his former capacity as a key player in the rebalancing of the Greek banking system. Given his market-recognized capabilities both domestically and internationally, Vassilis’ appointment enhances our effectiveness by bringing market expertise and strengthening the firepower of our management team.”
Who is Lazarou Papagarifalou?
He was born in Athens in 1971. Studied Business Administration at Athens University of Economics and Business and holds a Masters in Finance from Cardiff Business School, University of Wales. He started his career at Citibank and ABN AMRO. Lazaros joined Alpha Bank in 1998 and has held senior positions including Director of Corporate Development, International Network and Strategic Planning. In 2013, he assumed the position of Deputy General Manager, contributing to the implementation of the Group’s restructuring plan, the strengthening of the Bank’s assets, as well as the implementation of a series of mergers and acquisitions and portfolio transactions. He was appointed Group CFO in 2019, while also assuming responsibility for international operations and COO areas from 2022. He was the chairman and member of the board of directors of Group companies operating in Greece and abroad in the banking, insurance, financial and industrial as well as real estate sectors.
Who is Vasilis Kosmas?
He was born in Athens in 1971. Studied business administration at the Athens University of Economics and Business and received a master’s degree in finance from New York University’s Stern Business School. Earlier in his career, he worked for multinational companies such as Procter & Gamble and McKinsey in Greece and other European countries.
He joined the National Bank of Greece in late 2007, leading the Bank’s efforts in the areas of wholesale financing, structured finance and strategy, as well as leading the Bank’s asset quality control/stress testing teams during its first period of operation. Unified control mechanism. For the past 9 years, he has been a partner at Alantra, initially assisting European banks in the deleveraging of non-core assets and more recently Greek banks in the disposal of non-core assets under the Greek Securitization Guarantee Program (“Heracles”) for sale and securitization, as well as synthetic credit risk transfers.
