BUSINESS

Piraeus Bank chairman Michalis Sallas said to be stepping down

TAGS: Banking, Finance

Piraeus Bank chairman Michalis Sallas has reportedly announced his intention to step down to a group of close aides, Kathimerini understands.

According to Kathimerini sources, Sallas was expected to formally announce his decision at an emergency board meeting on Wednesday afternoon. 

In 1991, Sallas led a group of Greek businessmen that took over Piraeus Bank from the public sector.

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