Marfin Popular bank announces that Panagiotis Papatheodorou has been appointed as Global Head of Factoring and Forfaiting services for the group and CEO of subsidiary company, Laiki Factoring.

Mr. Papatheodorou was general manager of EFG Factors S.A., subsidiary of EFG Eurobank Ergasias. He is member of Factors Chain International (FCI) and was appointed as advisor to SEED project of IFC (World Bank) for developing the Factoring in the Balkan region and founded EFG Factors Bulgaria. His carrier in Factoring begins in 1995, as marketing manager of Ethnofact, of the National Bank of Greece (NBG). Mr. Papatheodorou, has an Economics Degree from the University of Athens, an MBA from CIIM of Cyprus and Master from Pantion University, Athens

Simultaneously, Dimitris Zuzukis, undertakes the development of Forfaiting services of the group. He was head of International projects and Forfaiting Manager of the EFG Factors and member of the South Europe Committee of International Forfaiting Association (IFA).