NICOSIA, July 12 Cypriot lender Bank of Cyprus said on Thursday it had appointed Yiannis Kypri as chief executive following the resignation of Andreas Eliades.
Kypri, a chartered accountant and graduate of the London School of Economics, held the post of deputy CEO having joined the bank in 1980.
Eliades quit the bank earlier this week, citing a lack of cohesion in dealing with challenges in the banking sector.
The bank posted significant losses on Greece's debt writedown and has sought aid from the government to cover a regulatory shortfall in its core Tier 1 capital.
The central bank has refused to comment on media reports it was instrumental in Eliades's resignation. (Writing By Michele Kambas; Editing by David Holmes)
Nov 29 Officials said on Tuesday that "the worst is over" for two small Tennessee resort towns in the Great Smoky Mountains where wildfires destroyed or damaged some 150 homes and other structures, forced thousands to flee and threatened country music star Dolly Parton's theme park, Dollywood.
VANCOUVER, Nov 29 Foreign purchases of Vancouver-area properties nudged off lows in October as international investors, initially unnerved by a tax on foreign home ownership aimed at cooling red-hot prices, returned to Canada's most expensive property market.
* Baker hughes, csl capital management and goldman sachs' merchant banking division agree to form north american land pressure pumping company