ETAD: New President is Mr. Dimitris Politis

Public Properties Company S.A. (ETAD), a subsidiary of the Hellenic Corporation of Assets and Participations (HCAP), announced that, following a decision of its Shareholder’s General Assembly, Mr. Dimitris Politis assumes the position of Chairman of the Board of Directors, while Mr. Ioannis Kostopoulos is appointed as a new member of the Board of Directors, replacing Mr. Theodoros Glavas, whose term has ended.

Following these changes, the ETAD Board of Directors is composed as follows (term until 30/08/2028):

Dimitrios Politis, Chairman, Non-Executive Board Member

Iro Chatzigeorgiou, CEO, Executive Board Member

Anna Saipi, Non-Executive Board Member, Chair of the Audit Committee

Maria Ioannidou, Non-Executive Board Member

Martha Kavvatha, Non-Executive Board Member

Ioannis Kostopoulos, Non-Executive Board Member

Anthoula (Anthi) Trokoudi, Non-Executive Board Member

The CEO of ETAD, Ms. Chatzigeorgiou, stated:
"We warmly welcome Mr. D. Politis and Mr. I. Kostopoulos to the company’s Board of Directors and sincerely wish them a successful and productive term. Their expertise, experience, and skills will significantly strengthen ETAD’s corporate governance, contribute to the ongoing transformation of the company, and further support our new strategy aimed at maximizing value and achieving more efficient management of our real estate portfolio. Our goal remains the development of key properties and infrastructure, as well as the completion of strategically important projects – always for the benefit of society and the company’s financial performance."

The new Chairman of ETAD, Mr. Politis, stated:
"It is with great pleasure and honor that I assume the position of Chairman of ETAD’s Board of Directors, while being fully aware of the responsibility of the work that must be carried out and the role that Boards of Directors play, based on international best practices and modern governance rules. With firm values such as ensuring business ethics, accountability, and transparency, with the common goal of optimizing the use of ETAD’s real estate, and with respect for the company’s resources and its human capital, we look forward to achieving even more positive results."

ETAD’s management warmly thanks outgoing Board member Mr. Theodoros Glavas for his cooperation and contribution to the company’s work.

Short CV of Dimitris Politis

Dimitris Politis is a senior executive with a long career in the banking and financial sector, specializing in the development and successful completion of strategic investments.

He is a graduate of the American College of Greece and holds an MBA in International Business & Export Management from City University Business School in London. Since 1993, he has held senior positions in international financial institutions, beginning his career at HSBC in Athens and London in the Investment Banking division.

He has served as Head of Credit Commercial de France in Greece, Head of Corporate & Institutional Banking at HSBC Greece, and Head of Wealth Management for UHNWI at Credit Suisse and EFG Bank in Zurich. From 2021 to 2024, he was CEO of HCAP (HRADF), where he advanced the Public Asset Development Program at an accelerated pace.

During his tenure, related revenues exceeded €5.5 billion, with landmark transactions such as the new concession agreement of Attiki Odos, the listing of Athens International Airport “El. Venizelos” on the Athens Stock Exchange, and the disposal of additional shares of Helleniq Energy, representing nearly 45% of HRADF’s total revenues since its establishment.

At the same time, he transformed the Fund into a recognized high-expertise organization and gained recognition as a Center of Excellence for port infrastructure and strategic assets. Today, he is a member of the Board of Directors of the Piraeus Port Authority, representing the Hellenic Republic.

Short CV of Ioannis Kostopoulos

Ioannis Kostopoulos is an experienced executive with a long career in the sectors of energy, financial services, consumer goods, and consulting.

He is currently Vice Chairman of the Board of Directors of the Athens Stock Exchange Group, Chairman of Austriacard AG in Vienna, and a Non-Executive Board Member of DMEP Holdco Ltd and DMEP (UK) Ltd in London.

In the past, he served as CEO of Hellenic Petroleum Group (2007–2015), where he led a broad transformation program including infrastructure modernization, expansion into renewables, and significant profitability growth.

Previously, as CEO of Petrola SA, he drove the strategy that led to its merger with Hellenic Petroleum, creating one of the largest industrial groups in Southeastern Europe.

He has also held leadership roles at Johnson & Johnson, Diageo/Metaxa, Procter & Gamble, Chase Manhattan Bank, and Booz Allen & Hamilton. He holds an MBA from the University of Chicago and a BSc (Hons) in Economics & Econometrics from the University of Southampton.