Ellinas Finance Public Company Limited announced the appointment of Mr. Nearchos Petrides as Executive, Non-independent member of the BOD of the Company. The company also announced the appointment of Mr. Philippos Papadopoulos as a Non-executive, Independent member of the BOD of the Company. Currently, Mr. Papadopoulos serves as a Director, for One & Only, an ultra-luxury Hotel and Private Homes group and he holds positions as a Non-Executive member of the Board of Directors of Actibond Growth Fund. Mr. Dimitris Petrides proceeded with the withdrawal of the appointment of Mr. Nearchos Petrides from the above position due to the appointment of the latter to the BOD. The withdrawal of the appointment of Mr. Nearchos Petrides, as above is in force from September 24, 2020. The BOD appointed the members that will form the following committees: Audit Committee- Costas Melanides, Chairman, Independent, Non-Executive Board Member; Philippos Papadopoulos, Member, Independent, Non-Executive Board Member; John Pitsillos, Member, Non-Independent, Non-Executive Board Member. Executive Committee- Emilios Ellinas, Chairman, Non-Independent, Executive Board Member; Nearchos Petrides, Member, Chief Executive Officer, Non-Independent, Executive Board Member; Constantinos Servos, Member, General Manager Operations. The BOD further decided the appointment of Mr. Nearchos Petrides, as a Managing Director responsible for the implementation of it provision on the Prevention and Combating of Money Laundering Act 2007.