Alpha Bank Cyprus has restructured its executive committee, appointing Penny Spiliotopoulou as chief financial officer.
The move coincides with an expansion of responsibilities for Charis Kynigou La, who retains her title as Chief Private Banking Officer but now oversees a broader scope within the bank's leadership team.
The bank recently secured approval for a €148 million cash dividend at its annual general meeting on June 26, 2026.
The leadership changes arrive as the Cypriot banking sector demonstrates resilience, with total deposits reaching €58 billion in May 2026.
This growth was driven by a monthly increase that aligned with stronger lending activity across monetary financial institutions, according to data from the Central Bank of Cyprus.
For Alpha Bank, the executive shift follows a period of shareholder-friendly actions.
The bank recently secured approval for a €148 million cash dividend at its annual general meeting on June 26, 2026.