Bank of Cyprus UK appoints new chief executive

11-Aug-2015

Bank of Cyprus UK today announces the appointment of Nick Fahy as its new chief executive.

Nick joins the bank from the Westpac Banking Corporation where, since 2014, he has been state general manager for the bank’s retail and business banking operation in Western Australia.

Prior to Westpac, he spent 17 years with Bank of Ireland Group in a variety of leadership roles, including managing director for Northern Ireland (which included responsibility for the Post Office’s UK-wide financial services operation) and chief operating officer for Bank of Ireland’s retail banking operation in the UK and Ireland. Nick was also a member of the Bank of Ireland UK executive committee.

Additionally, Soteris Antoniades is named deputy chief executive. Mr Antoniades has been with Bank of Cyprus UK since 1990 and was previously assistant chief executive.
Commenting on these appointments, Bank of Cyprus UK chairman, Phil Nunnerley said:

“Bank of Cyprus Group is committed to building a strong business in the UK. Nick brings with him extensive knowledge and experience of the retail financial services sector in the UK and Ireland and has a significant track record of success. Combined with Soteris’s experience of our business and understanding of our core customer base, we have created a strong leadership team which is well placed to help us capitalise on our 60 year presence in the UK”.