ECONOMY

Piraeus Bank chairman Michalis Sallas said to be stepping down

piraeus-bank-chairman-michalis-sallas-said-to-be-stepping-down

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.