Decision of the Supervisory Board

On 25.2.2020, the Supervisory Board unanimously decided to select and appoint Mr. Konstantinos Derdemezis as non-executive member of HCAP’s Board of Directors with a term of four (4) years.

Mr. Derdemezis is an experienced senior executive, currently a Member of the Group Executive Committee and South East Europe Executive Director for Titan Cement Group. He has a broad experience of more than 20 years in emerging markets and international complex environments. He also serves as a non-executive board member in various subsidiaries of Titan Cement Group in South East Europe. His areas of expertise are asset and operational management, restructuring, culture transformation, corporate governance.

Mr. Derdemezis holds a B.A degree from the Aristotle University of Thessaloniki and a MSC in Chemical Engineering from the Pennsylvania State University. He also holds further academic qualifications, a MBA from ALBA Graduate Business School and a Master in Public administration from Harvard University, and has recently completed INSEAD’s International Directors Program (IDP and Board Accreditation).

The Supervisory Board considers that Mr. Derdemezis’ experience and long standing career will enhance the well-functioning, competence and efficiency of the existing Board of Directors, so as to successfully fulfil its mandate, accomplish its business objectives and serve the public interest.