Pavlos Mylonas Elected New CEO at National Bank

Mr. Pavlos Mylonas. Photo by Eurokinissi/FILE.

The National Bank will become “a top choice in the domestic market,” new CEO Pavlos Mylonas said on Wednesday, after a board meeting unanimously elected him at the helm of the bank.

“Our goal is National Bank to become again a preferential partner and adviser of Greek enterprises and households,” he said. “All together, workers and management of the bank, will work with dedication, determination and consistency to achieve these goals. We will improve flexibility, efficiency and innovation. We will become the top choice in the domestic market. The time is now to start this transformation,” Mylonas added.

“The challenge is big, goals are ambitious but the need for change imperative. Our support is the historic confidence in the name of National Bank by the Greek society. I commit to achieving these demanding goals in a framework of consensus, transparency and with clear corporate governance rules,” Mylonas said.

Kostas Mihailidis, chairman of the board, said National Bank is turning page after Wednesday’s board meeting. “Our aim is to respond with the best way possible to emerging challenges of new economic and social data. To link National Bank’s historic role with the future, to create new values, to contribute to economic development in the basis of a productive and competitive model,” Mihailidis said.