Bank of Cyprus CEO Panicos Nicolaou will remain in his position until December 31, 2031, after the boards of Bank of Cyprus Holdings and Bank of Cyprus Public Company approved an extension to his term.
The decision was taken at separate board meetings on Wednesday, October 14, 2026.
Nicolaou will sign an amendment to his existing employment contract to extend his employment period until the end of 2031.
In their announcement, the two boards expressed their appreciation for Nicolaou’s contribution to the group during his tenure as chief executive officer.
They also wished him every success in his extended term.
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