ECONOMY

HFSF denies it asked Piraeus Bank CEO to resign

hfsf-denies-it-asked-piraeus-bank-ceo-to-resign

Greece’s bank rescue fund denied on Thursday that it has asked Piraeus Bank managing director and CEO Anthimos Thomopoulos to step down.

The Hellenic Financial Stability Fund issued a statement contradicting widespread reports that Thomopoulos had been asked to give up his position.

The HFSF said that, in line with Greece’s bailout commitments, it has launched an assessment of the board of directors at the country’s main banks.

“The evaluation will be conducted with the support of an international advisor of recognized experience during the period February – June 2016,” said HFSF.