Piraeus Bank executive chairman of the board Michalis Sallas resigned from the credit institution’s board

Piraeus Bank executive chairman of the board Michalis Sallas on Wednesday resigned from the credit institution’s board. He was later declared the bank’s honorary chairman during an extraordinary board of directors’ meeting.

Sallas is among the best-known banking executives in the country, and the man that presided over the Piraeus group’s meteoric rise over the past two decades.