Corporate governance

Values and practices for the optimum function of our bank and the safeguarding of our customers’ and human resources’ legal interests.

At Optima bank, we implement the system of values and standards of corporate governance that the Greek legislation and international practices provide. Our aspiration is to assure that our bank and subsidiaries function efficiently with transparency, responsibility and reliability.

Our aim is to safeguard the interests of our shareholders and all parties linked to Optima bank: our customers, our human resources and all interested parties. We recognise the importance of the corporate governance principles and the benefits arising from their implementation; therefore, we implement regulations, policies and practices that are in accordance with the financial regulatory framework, as part of our corporate culture.

In order to exercise an efficient corporate governance, we have separated the duties of the Chairman from those of the Chief Executive Officer and we implement a comprehensive internal control system for our bank and subsidiaries, according to the current regulatory framework.


Board of Directors (Board)

Composition of Board of Directors

Georgios Taniskidis - Chairman, Non-Executive Member
Petros Tzannetakis - Vice-Chairman, Non-Executive Member
Dimitrios Kyparissis - Chief Executive Officer, Executive Member
Angelos Sapranidis - Executive Member
Konstantinos Kefalogiannis - Independent non-executive Member
Georgios Kyriakos - Independent Non-Executive Member
Nicolaos Sofianos - Independent Non-Executive Member

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Board of Directors’ Committees

Aiming to the most proper and efficient function of our bank, we have set up the following committees that facilitate the work of BoD and report to it.

Audit Committee

The work of Audit Committee is to support the BoD in supervising the financial information, the efficiency of internal audit systems, the selection process of independent auditors, and in auditing the bank's financial statements. Committee holds meetings at least six times per annum or ad hoc, whenever deemed necessary. The Audit Committee functions according to the Rules of Procedure of the Audit Committee, as approved by the BoD, and consists of the following Non-Executive Members of the BoD:

  • Konstantinos Kefalogiannis - Chairman
  • Petros Tzannetakis - Member
  • Nicolaos Sofianos - Member

Remuneration Committee

The work of Remuneration Committee is to support the BoD in executing its duties related to the formation of Remuneration and Benefits Policy, the determination of remuneration, the provision of benefits, the retention, development and evaluation of our bank's high-level executives, as well as to the preparation of the annual report on the executives’ performance-based compensation.

The Remuneration Committee holds meetings on remuneration issues, whenever needed. The Remuneration Committee functions according to the Rules of Procedure of the Remuneration Committee, as approved by the BoD, and consists of the following Non-Executive Members of the BoD:

  • Georgios Kyriakos - Chairman
  • Nicolaos Sofianos - Member
  • Konstantinos Kefalogiannis - Member

Risk Management Committee

The work of the Risk Management Committee is to support the BoD in executing its duties related to the overall strategy for undertaking and managing risks, in order to cover efficiently all types of risk, to ensure their consolidated control, their specialised management and the required coordination at all function levels of our bank.

The Risk Management Committee holds meetings regularly, depending on the existing needs and at least once every quarter. The Risk Management Committee functions according to the Rules of Procedure of the Risk Management Committee, as approved by the BoD, and consists of the following Non-Executive Members of the BoD:

  • Nicolaos Sofianos - Chairman
  • Konstantinos Kefalogiannis - Member
  • Georgios Kyriakos - Member

Codes & Policies

Here, you can find the main documents on corporate governance that regulate the operation of our bank.

Articles of Association