Finance Monthly CFO Awards Winners Edition

Finance Monthly CFO Awards 2020 www.finance-monthly.com 29 GREECE Finance Monthly CFO Awards 2020 FIRM PROFILE Attica Bank is one of the oldest Greek banks, established back in 1924. The Bank offers the full spectrum of banking products and services to both individual and corporate clients. The Bank has a network of 55 branches spread out all over Greece and serves over 130k active clients. During the past 3 years Attica Bank has repaired its Balance Sheet; - by reducing Non Performing Exposures by 71% in just over 1 year while at the same time generating capital gains of €117mln - by successfully completing two voluntary exist schemes, reducing headcount by approximately 1/3 and - by building public trust and increasing deposits at a rate approximately three times faster than the domestic market growth rate. Currently, the Bank is setting ambitious targets to double its loan assets within three years and increasing its number of active clients through the full scale delivery of digital services and products, and become ‘the oldest modern bank in Greece’. The Bank focuses on SMEs and entrepreneurs and aims to finance projects in Energy, Environment and Infrastructure and especially, the smaller subcontractors engaged in such projects. Finally, Attica Bank plans to be the first bank in Greece to fully eliminate from its balance sheet all the non-performing loans which emerged from the Global Financial Crisis. Recently, the executive management team of Attica Bank has been further strengthened with the arrival of three new C-Class executives, thus becoming one of the youngest management teams in the market. Attica Bank has formulated and is carrying out a transformation program in order to evolve to a significant player in the Greek market, offering high quality products and services and delivering strong and sustainable returns for its shareholders. Attica Bank is listed on the Athens Stock Exchange, and regulated by the Bank of Greece and the Hellenic Capital Markets Committee. Attica Bank share price rose by 253% within 2019 The Bank was the first one in Europe to use the securitization tool to carve out bad loans from the balance sheet; €1,3bn in 2017 and €701mln in 2018, reducing bad loans by 71% within just over one year Attica Bank maintained 100% operational throughout the lockdown period due to COVID-19 Attica Bank is implementing an ambitious growth plan, following a successful 3 year period of Balance Sheet repair due to the Global Financial Crisis. ABOUT NIKOS KOUTSOGIANNIS Nikos Koutsogiannis joined Attica Bank in December 2017 as the group CFO. Nikos is overseeing finance and accounting, strategy, planning and analysis, investor relations management, reporting and is also leading all strategic transactions. He is a member of the Executive Committee, the ALCO and chairman of the committee evaluating new hires. Before joining Attica Bank, Nikos worked for PwC in Greece for 14 years. His experience covers banks, Greek as well as branches of G-SIBs, he has been working in assurance services, advisory and due diligence projects. Nikos was actively involved in advising Greek banks on Asset Quality Review exercises and restructuring projects. Nikos is a graduate of the Athens University of Economics and Business (BA and MSc) he is a Certified Accountant in Greece and holds an IFRS Diploma from ACCA and he speaks three foreign languages.