Petros Christodoulou
Petros Christodoulou | |
|---|---|
| Born | 1960 |
| Occupation(s) | Economist, banking professional |
| Known for | Greek government debt renegotiation, General Manager of Public Debt Management Agency (PDMA) |
Petros Christodoulou (; born 1960) is a prominent Greek economist and banking professional.
Biography
Christodoulou completed his Bachelor of Science degree in finance at the Athens University of Economics and Business in 1982. He further advanced his education by obtaining an MBA from Columbia University in 1985, focusing on Finance and International Markets. His professional journey started at Credit Suisse First Boston in London, followed by a tenure at Goldman Sachs where he held the positions of Head of Money Markets Trading (1987–1988) and Head of Provincial Bond Trading in Canada. In 1989, he transitioned to J.P. Morgan in London, taking on roles such as Head of European Derivatives Trading (1989–1994) and subsequently Head of European Proprietary Trading (1994–1995). After being promoted to Managing Director, he managed European Short Term Interest Trading (1995–1997) and later oversaw emerging markets across Europe and Africa (1997–1998).
Between 1998 and 2010, Christodoulou was part of the National Bank of Greece (NBG), initially serving as Group Treasurer before advancing to General Manager responsible for Treasury, Global Markets, and Private Banking. During this timeframe, he collaborated closely with Goldman Sachs and Lucas Papademos, then Chairman of the Bank of Greece, on financial initiatives instrumental in Greece’s adoption of the Euro. On 25 February 2010, under the appointment of Prime Minister George Papandreou, he assumed the role of General Manager at the Public Debt Management Agency (PDMA). His leadership in renegotiating Greek government debt earned him the nickname "Greece's Saviour" by the German publication Der Spiegel, credited with securing a debt reduction totaling €106.5 billion.
Following his departure from PDMA in June 2012, Christodoulou was named General Manager for International Activities at NBG on 11 June 2012. Shortly thereafter, on 28 June 2012, he was elected as an Executive Board Member and Deputy Chief Executive Officer of NBG. He currently chairs both the Asset and Liability Committee and the Disclosure and Transparency Committee at NBG, while also participating in several other critical committees including Risk Management and Strategy. Beyond banking, Christodoulou contributes as a member of the Investment Committee for Ethniki Hellenic General Insurance, is involved with the Foundation for Economic and Industrial Research, and serves on the board of AEK Athens F.C..