About

Committees

Audit Committee
The Audit Committee, which oversees the Internal Audit Function, is established by a decision of the General Council and composed of two (2) members of the General Council and one external expert of recognized standing and experience in auditing - accounting.

The Audit Committee shall in particular:
  • Supervise the internal audit function
  • Make recommendations on the appointment of external auditors and the scope of external audits
  • Consult with the external auditors on the findings of their audits
  • Audit, together with the external auditors, the end-of-year financial statements
  • Submit reports to the General Council and the Executive Board on a regular basis, and
  • Regulate any issue concerning its operation
The Executive Board or members of the Fund’s staff may be invited to attend the meetings of the Audit Committee.

Members of the Audit Committee:

Chairman
Mr. Maetze has thirty (30) years of banking experience having held senior management positions in Commerzbank, Dresdner Bank and HypoVereinsbank (now UniCredit Bank AG) in Germany and Singapore. He is a proven expert in Financial Institutions business, actively participated in the two (2) largest bank mergers in Germany, oversaw various business transformation exercises and the development as well as the implementation of successful business unit strategies during the financial crisis and in post-merger situations.

From 2007 to 2015 he was Member of Commerzbank’s Executive Management Board with responsibilities including the global Financial Institutions business of Commerzbank. Prior to this he was Global Head of Financial Institutions at Dresdner Bank.

Mr. Maetze has served/is serving on a number of Boards in Banking, Finance and Financial Technology (Financial Technology) as well as cultural foundations.

Mr. Maetze holds a BSc. from the Frankfurt School of Finance and Management and participated in various management programs at Harvard Business School, Institut Européen d'Administration des Affaires (INSEAD), International Institute for Management Development (IMD), Management School St. Gallen, as well as Baden-Badener Unternehmergespräche (BBUG).
Member
Mr. Vassilios Spiliotopoulos is the Head of the Monetary Policy Operations Section within the Financial Operations Department at the Bank of Greece, where he has been employed since 2000.

His area of expertise is the implementation of monetary policy, while in recent years he has been heavily involved in the analysis and assessment of the liquidity profile and the funding needs of the Greek banks. He has also worked on risk management and crisis management issues.

Since 2003 he has been representing the Bank of Greece in various Eurosystem task forces, working groups and committees. Prior to joining the Bank of Greece, he worked in Greek banks in the sectors of corporate banking and mutual funds.

Mr. Spiliotopoulos is a graduate of the National and Kapodistrian University of Athens, Department of Mathematics and he holds an MBA from the University of Newcastle upon Tyne in England.

Member
Mr. Eleftheriadis is a chartered accountant in England & Wales, a chartered taxation practitioner in the UK and a certified auditor in Greece. He has over 20 years of practical experience in auditing and tax consulting of commercial and manufacturing exporting companies, banks and insurance firms, as well as private insurance funds.

From 1987 until 1997 he worked at Arthur Andersen Chartered Accountants in England and in Greece, whereas for many years he worked at Ernst & Young Hellas, at the Audit Department.

He has been a shareholder of BDO Hellas Certified Auditors & Tax Consultants servicing his own clientele while, he simultaneously acted as the International Tax Liaison of all BDO offices worldwide. Since 2012 he keeps his own auditing and tax consultancy firm.

Mr. Eleftheriadis has attended courses in actuarial and financial mathematics at the Greek Institute of Actuaries, and he holds a Master’s degree in Mechanical Engineering, Manufacture & Management from the University of Birmingham, UK.