Mr. George Kormas is an Executive General Manager of Piraeus Bank Group, leading among other, all aspects of Real Estate. He is also the CEO of Piraeus Real Estate S.A. as well as of PICAR S.A, both real estate subsidiaries of Piraeus Bank. He is a member of the Executive Committee of the Bank, participates in the Senior Credit and Recovery Committee and other real estate related Investment committees, and he also chairs or sits as a member on the boards of subsidiaries and other Group related companies (Chairman of BoD in Piraeus Leasing S.A., a Non-Executive Member of BoD in Trastor REIC, member of Piraeus Bank Group Cultural Foundation and other).

He is currently leading the transformation of the management of all Real Estate assets on Piraeus Bank Group’s balance sheet through the re-design, advice, and execution of the Bank’s strategy relative to the full life cycle of a real estate asset. 

Before joining Piraeus Bank Group, Mr. Kormas served as an Advisor to the Governor of Bank of Greece and prior to that, he worked for the European Central Bank (ECB).

Throughout his twenty years’ tenure with an extensive experience across the areas of banking, economic and regional development, real estate and tourism, he delivers solutions in demanding environments through innovative thinking, promoting change.

George is a member of the Greek-German Chamber as well as of the Greek-British Chamber, participating in regular round tables, forums and bilateral discussions, supporting an exchange of information and practices across markets and jurisdictions.

He is also leading a cultural and corporate responsibility initiatives within Piraeus Bank Group. 

He holds a Vordiplom (BS) in Economics and Management Sciences and a Diploma (MS) in Business Administration, Banking and Finance, both obtained from the Justus-Liebig-UniversitätGießen (JLU) in Germany.