Alpha Bank announces the appointment of Lazaros Papagaryfallou as Deputy CEO of the Group. While remaining a member of the Executive Committee, Papagaryfallou, in his new capacity, will further focus on achieving the group's key strategic objectives, with the Chief Financial Officer, Chief Operating Officer, and Chief International Network, as well as the Chief Economist and the CEO of Alpha Real Estate Services, working closely with him to enhance the bank's performance. 

Vassilis Kosmas is appointed as Chief Financial Officer and a member of the bank's Executive Committee. Mr. Kosmas, in close cooperation with Mr. Papagaryfalou, will be responsible for performance management & reporting, statutory reporting & tax, capital management & banking supervision, asset liability management, capital instruments & securitization, NPE strategy recovery and monitoring, and investor relations. 

Alpha Bank Group CEO Vassilis Psaltis said: "Lazaros has successfully led many important initiatives over the years, always focusing on value creation. He has extensive experience in managing the complex banking agenda and demonstrates unparalleled commitment to the implementation of our business plans, elements that make me confident that in his new capacity he will strongly support the achievement of our strategic and financial objectives.  Vassilis has worked closely with us in recent years in his previous capacity as a key player in the recovery of the Greek banking system's balance sheet. Given his market-recognised skills both domestically and internationally, Vassilis' appointment enhances our effectiveness by bringing in market expertise and strengthening the firepower of our management team."