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The parent company, HELLENIC PETROLEUM S.A., is, either directly or indirectly, the sole or majority shareholder in the subsidiaries and associated companies, also controlling the management. Each company of the Group has its own board of directors and management structure, however investment plans, financial management and annual budgets are all controlled centrally by the parent company. Subsidiaries and associated companies submit their results to the parent company.
HELLENIC PETROLEUM S.A. is governed by a 13-member Board of Directors.
He is an Electrical-Mechanical Engineer from NTUA, graduate Economist of the Department of Economics at the University of Athens. Since 1975 he is a professor at the Panteion University with specialty in Economic Development and Social Transformation. He served as a member of the Council and the Senate of the University and he was Director of the Postgraduate program, as well as of the Economic and Social Research Centre of the Department of Sociology.
He has particularly important and extensive experience in senior management positions in public and private sectors as well as in local government. He has been Director of PPC, Board Member and CEO of Business Reconstruction Organization, Vice President and General Manager of Athens Regulatory Plan and Environmental Protection Organization, Board Member and CEO of various companies in the private sector and Founder, Chairman and CEO of the Broadcasting Group Alpha. He was also Advisor to the Minister of Energy, to Athens Mayor, to the President of the Greek Technical Chamber and he has also occupied the post of the Chairman of the National Committee of Programme Agreements and Development Contracts.
He has participated in research projects and in the preparation of techno-economic studies, in significant investment projects as well as in national and regional development programs. His scientific research has been published by the Educational Institutions of the National Bank of Greece, by Commerce and Piraeus Banks, by the National Research Foundation as well as by Papazisis Publishers.
Holds an Economics degree specialising in Econometrics at University of Essex England and is a Fellow (FCA) member of the Institute of Chartered Accountants in England and Wales.
He began his career in 1989 in the Banking and Financial Services practice of KPMG in London. From 1993 to 1998 he worked initially as executive and subsequently as the Finance and Customer Services Director in ΜΕΤΑΧΑ, member of the Diageo International Group of food and beverages.
In 1998 it took over as the Regional Finance and Business Development Director, with the responsibility for the areas of the Middle East and North Africa, of Pillsbury (group Diageo). The period from 2000 to 2002 he worked as Chief Financial Officer in a listed company of LEVENTIS Group interests, while in 2003 he was hired as Chief Financial and IT Officer at Petrola Hellas.
After the merger of Petrola Hellas with Hellenic Petroleum, in 2004 he took over as Chief Financial Officer of the Group and member of the Group’s Executive Committee. He is a member of the Hellenic Chamber and of the Corporate Finance Faculty of the ICAEW.
He is responsible for strategic planning, new business development, management of strategic projects and participations, the renewables business, and the Group’s representation in international organizations. He has represented Hellenic Petroleum on the Board of the European Petroleum Refiners Association as a Principal or Alternate Director since 2012. He joined Hellenic Petroleum in 2007.
George Alexopoulos was Director of Business Planning & Development at an international, diversified business group (SETE S.A.), based in Geneva, Switzerland, from 1998 to 2006, while at the same time being responsible for the Group’s energy portfolio.
He had previously worked in various technical and business development positions at Stone & Webster, Molten Metal Technology, Merck, Dow Corning, and Dow Chemical in the United States between 1993 and 1997.
He holds an MBA from Harvard Business School (1998) and M. Sc. (1993) and B. Sc. (1992) degrees in Chemical Engineering from the Massachusetts Institute of Technology (MIT).
He is married to Elizabeth Spada and they have 3 children.
Mr. Theodoros-Achilleas Vardas is a Member of the Board of Directors of Hellenic Petroleum since 2003. He also serves as Vice Chairman of the BoD of EKO SA, the Group’s marketing company.
He was born in Athens in 1950. He a Degree in Chemical Engineering from the Swiss Federal Institute of Technology in Zurich and a PhD from the Systems Engineering Department of the same institute.
He began his professional career in 1979 at the Latsis Group, where he worked in key positions and in 1981 as General Manager of Petroleum Products Trading. At the same time, from 1988 to 2003, he was the Deputy CEO and Member of the BoD of Petrola Hellas SA.
Since October 2003, following the merger of Petrola Hellas SA and Hellenic Petroleum SA until the end of 2016, he served as a Management Consultant of HELLENIC PETROLEUM SA.
He also served as Member of the BoDs of Papastratos SA (1999-2003), DEPA SA (2004-2016), ELPEDISON BV (2008-2016).
He is married and the father of two children.
He is a Chemical Engineer, graduated from National Technical University, with post graduate studies (Master of Science) in Chemical Engineering-Physical and Chemical Processes, from Columbia University, U.S.A.
He joined HELLENIC PETROLEUM Group in 1984 (former DEP-EKY and DEP) in various job positions, in E&P and Supply & Trading Divisions, where he became Director of Logistics Coordination in 2010. He retired from the Group in 2011
He holds an Economics degree from University of Athens. For several years up to 1993, he was CEO in export trade companies while from 1993 until 1998 he assumed managerial positions in media Groups such as CFO and CEO in subsidiaries of the Bobolas Group and Androulidakis Group.
From 1998 up to now he has been serving as CFO to a Group of companies of wind and photovoltaics parks and is responsible for the financial management and planning. He is also a major shareholder and manager of a construction company for private projects while he also participates in a BoD of an environmental company specializing in solid waste management studies.
From 2015 onwards he is also a Special Advisor in matters of investments and international economic relations to the vice-president of the Greek government.
He holds a Law Degree from the National and Kapodistian University of Athens and a Masters in Criminology from Panteion University. He is a Lawyer at Greece’s Supreme Court, with long experience as an active lawyer in most fields of law and regular member of the Professional Sports Committee, Article 77 of Law 2725. He has served as a Legal Advisor of Media Desk Hellas, Member of the Constitutional Rights and Environment Committees of the Athens Bar Association and a Member of the Steering Committee of the 12 (largest) scientific bodies for the environment, as a representative of the ABA.
He studied Economics at the Athens University of Economics and Business and at the University College London (UCL). He completed his Ph.D. at the Athens University of Economics and Business, as a a scholar from the State Scholarship Foundation, on the impact of the Economic and Monetary Union on debt dynamics, international trade and production specialization. He has taught Macroeconomics, International Economics and International Trade at the Athens University of Economics and Business, and has worked as a research advisor on research projects with an emphasis on shaping policies in areas such as modern technologies and energy, as well as assessing their economic implications. From 2015, he is an employee of the Ministry of Finance and has worked on issues such as the design and implementation of economic and fiscal policies and the management of holdings of the Greek State.
Studied politics and history at Warwick University and the University of Panteion where he received his P.h.D as a fellow of the State Scholarships Foundation. He taught state theory and social policy at the Universities of Panteion, Crete and Peloponnese and he was employed as a full-time researcher in the Institute of Small Enterprises of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE). From 2015 onward he has been a Senior Political Advisor to the Minister of Economy managing the 3rd OECD product market reform project and the compilation of Greece's Growth Strategy and Senior Political Advisor to the Minister of Environment and Energy with a special focus on Gas and Oil Markets and Foreign Relations in the Energy Sector.
Holds a degree in Business Administration from the Piraeus University.
From 1980 to 1991 he worked at the National Bank of Investments & Industrial Development (ETEBA). Additionally, from 1983 to 1985 he was associate of the Deputy Minister of National Economy, Kostis Vaitsou and from 1985 to 1988 was the Office Director of the Deputy Minister of National Economy, Theodoros Karantzas. From 1991 to 1996 he was Assistant General Manager in the Interamerican group. From March 1996 to April 2004 he held the position of Deputy Governor of the National Bank of Greece, while at the same time he served as Chairman, Vice-Chairman or member of the BoD in several of the bank’s subsidiaries. He was also Vice-Chairman of the Athens Stock Exchange, President of the Central Depository, and President of the Executive Committee of the Hellenic Bank Association et.al. On May 2004 he was appointed Vice-Chairman of the BoD of Piraeus Bank and from January 2009 to December 2009 he was the Vice-Chairman and Deputy-CEO of the Piraeus Bank Group.
He was also Chairman of the BoD of Piraeus AEEAP (now Trastor AEEAP) and the Chairman of Europaiki Pisti AEGA insurance company. He served as Chairman of the BoD of ATE Bank between 2009 and 2012.
From August 2012 to September 2016 he served as Chairman and CEO of Apollonios Kyklos SA, Vice Chairman of Enosis SA and Ltd, Associate of DEMKO SA, Member of the BoD of ELLAKTOR Group, Hellenic Petroleum, Retail World and MAD DOG SA.
Currently he is the CEO of Attica Bank, Vice Chairman of Enosis SA and Ltd, Member of BoD of ELLAKTOR Group (Attiki Odos, Anemos SA, REDS) and Hellenic Petroleum.
Holds a PhD and Master’s Degree in Economics from the University of Washington, St. Louis, as well as a Degree in Economics from the University of Athens.
He is a banker with significant experience in the financial services sector. He holds the position of supervisor Micro and Marco-Prudential Supervision and Director of Financial Stability at the Bank of Greece where he works since the beginning of 2012. He has served as Executive Vice Chairman of the BoD of Hellenic Post Bank (2009-2011), General Manager of the Bank of Cyprus group – Head of investment banking, asset management and brokerage. From 2005 to 2007 he held the position of Deputy General Manager at Emporiki Bank, from 2002 to 2004 General Manager of EFG Telesis Finance and in 2000 to 2002 Deputy General Manager at Geniki Bank. He has also worked in the National Bank of Greece, the Hellenic Bank Association and the Reuters News Agency. He currently acts as a Consultant to the Administration of the BoG.
Graduate of the Technical School of Electronics in 1984.
Since 1981 he has worked initially in Petrola Hellas plc and after the merger with Hellenic Petroleum he worked in the section of Electrical and Instrumentation to Elefsina Refinery. From 2004 he is a member of the Board of Directors of the Panhellenic Workers Association ELPE. In February of 2013 he has been elected as the representative of the workers in the BoD