Aristeidis Vagourdis
Senior Director – Head of Operational Risk and Control Unit, Piraeus Bank
Mr. Vagourdis is the Head of the Operational Risk and Control Unit at Piraeus Bank, bringing a wealth of experience with 28 years in the financial sector, including more than 18 years specialising in Operational Risk and Internal Control. He leads a department of 24 professionals and coordinates a network of more than 100 first line of defence controllers.
He holds an MSc in Finance from the University of Strathclyde, UK, and a BSc in Economics from the National and Kapodistrian University of Athens. He also holds a Certificate in Internal Audit (NKUA) and the COSO Internal Control Certificate.
His professional journey began at the Hellenic Exchanges Group, where he spent ten years in Central Counterparty (CCP) risk management, followed by Emporiki Credicom (Crédit Agricole Group), where he contributed to the establishment of the Operational Risk Management Framework. He joined Piraeus Bank in 2010 and has served in his current role since 2019.
Throughout his tenure, Mr. Vagourdis has led the Group’s Internal Control Environment reform under the COSO framework, the development of the operational risk measurement framework (OpRisk VaR, ICAAP), and the implementation of GRC systems, while coordinating the EBA Stress Test exercises for Conduct and Operational Risk.