ECONOMY

Greek IMF representative to join Piraeus Bank

Greece’s representative to the International Monetary Fund Panagiotis Roumeliotis will join Piraeus Bank from January 1, 2012 as non-executive vice-chairman of its board, the country’s fourth-largest lender said on Friday.

The bank said Roumeliotis will head the bank’s risk management committee and will be a member of its strategic planning committee.

Roumeliotis, an economist, served as economy minister in Greece from 1987-89.

[Reuters]