National Bank of Greece (NBG) is the oldest and most visible credit institution in Greece and one of the leading players in the Greek financial market. Its shares have been listed on the Athens Stock Exchange since 1880, while in 1999 it became the first Greek bank to list its securities on the New York Stock Exchange.
As one of the systemically important credit institutions, NBG is directly supervised by the Single Supervisory Mechanism of the European Central Bank, while following the 2015 recapitalization process, the Hellenic Financial Stability Fund (HFSF – www.hfsf.gr) is currently its main shareholder.
NBG is currently in the process of reconstituting its Board of Directors, taking into consideration the provisions of the Law 3864/2010 as in force (www.hfsf.gr/en/hfsf_law.htm). In this context, NBG is seeking a Board Chair, an Audit Committee Chair and Non-Executive Directors.
All candidates must be University graduates, have an excellent command of the English language and recent experience in the financial sector. Furthermore, apart from any other constraints imposed by the current regulatory and legal framework, any candidate must not be and must not have been entrusted in the last four (4) years with a prominent public function (as defined in HFSF Law).
Candidates to be reviewed as part of the process must comply with the following suitability criteria:
- Extensive experience in senior managerial positions at a company of significant size in the field of Banking, Audit, Risk Management or Management of troubled assets (non-performing loans)
- At least three (3) years of previous experience as a Board member of a credit institution or of a company in the financial sector or of an international financial organization
Additional criteria that would be considered an asset are:
- Excellent interpersonal skills
- International experience
- Independent status at appointment will be preferable.
Note 1: Remuneration of BoD members is approved annually by the Meeting of Shareholders. Relevant information is available at NBG website.
Note 2: Candidates should commit to devote sufficient time to perform their duties.
The closing day for applications will be Sunday, September 25th, 2016.
Applications must be submitted with a clear indication of the role of interest via e-mail to: NBGboard@egonzehnder.com
All applicants will be treated in strict confidentiality.
For further information on NBG, please visit the website: www.nbg.gr
National Bank of Greece follows best practices in corporate governance and aims to ensure an appropriate mix of knowledge, skills, experience and diversity in its Board composition, including a balanced representation of both genders, in which sense it encourages applications from female candidates.