**Eurobank Appoints New Member to Audit Committee**
Eurobank has announced the appointment of John Arthur Hollows as a new member of its audit committee, following a decision made by the bank's board of directors. The announcement was made on Monday, and the appointment was finalized during a board meeting held on June 26, 2026. This move comes in response to a vacancy created by the resignation of former committee member Jawaid Mirza.
The decision to appoint Hollows is part of Eurobank's efforts to maintain a robust governance structure within its audit committee, which is essential for overseeing the bank's financial reporting and compliance processes. With this appointment, the audit committee is restored to its original five-member composition, as established during the annual general meeting of shareholders on July 23, 2024.
The audit committee plays a crucial role in ensuring the integrity of Eurobank's financial statements and the effectiveness of its internal controls. Following the recent changes, the committee has reconstituted its membership and confirmed its leadership structure. Burkhard Eckes, who is also an independent non-executive director, has been appointed as the chairman of the audit committee.
In addition to Hollows and Eckes, the committee will include Rajeev Kakar, Irene Rouvitha Panou, and Alice Gregoriadi, all of whom are serving as independent non-executive directors. This diverse group brings a wealth of experience and expertise to the committee, which is expected to enhance its oversight capabilities.
The appointment of Hollows reflects Eurobank's commitment to maintaining high standards of corporate governance and transparency. As the financial industry continues to evolve, having a strong and effective audit committee is vital for managing risks and ensuring compliance with regulatory requirements.
With the restructured audit committee now in place, Eurobank is poised to continue its focus on delivering value to its shareholders while adhering to best practices in governance and financial management.