Piraeus Bank S.A. announced that its Board of Directors on its meeting of January 27, 2016, further to the resignations of its Non – Executive Vice Chairman, Mr. N. Christodoulakis and its Independent Non – Executive Member, Mr. S. Golemis and upon recommendation of the Board Nomination Committee, elected Mr. David Hexter father's name Richard as a new Independent Non – Executive Member for the remaining term of the Board and Messrs Alexander Blades father's name Zisis and Andreas Schultheis father's name Willi as Non- Executive Members for the remaining term of the Board.