Xanthos Vrachas

Experienced C-level executive (CEO, CFO, CIO) with international experience (USA and EMEA) in commercial and investment banking, non-performing loan (NPL) management, insurance, investment management and audit. Strong interest in restructuring organizations and managing change. Thrive in improving operations and financials, and driving business growth organically and through M&A. Currently Chief Executive Officer of PQH, Greek “Bad Bank”. Mnaging €9bn NPLs and the operational consolidation of all 17 banks under special liquidation in Greece. Appointed by the Bank of Greece. Previously Chief Financial Officer and Chief Investment Officer of the insurance group Universal Life. Served as Non Executive Director at Bank of Cyprus following the "depositor bail-in" and throughout the restructuring of the bank during the Cypriot financial crisis. Former investment banker with Merrill Lynch in London. Started career as an auditor with Deloitte in the USA (Certified Public Accountant, CPA). MBA from Harvard Business School and BSc from Georgetown University.