Sallas exit from Piraeus marks end of era in Greek banking sector

EconomyBanking Tags: Banking, Piraeus
Photo by MacroPolis
Photo by MacroPolis

Michalis Sallas, the non-executive chairman of Piraeus Bank, resigned during a Board of Directors (BoD) meeting on Wednesday afternoon, marking the end of an era in the Greek banking sector.

Sallas said he had informed the institutions about his decision to leave since the beginning of the year but delayed putting it into effect until the assessment of banks’ BoD members by the Hellenic Financial Stability Fund (HFSF), which was concluded r...

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