Mr. Marios N. Shacolas has been the Chief Executive Officer of Cyprus Trading Corporation Plc since September 11, 2015. Mr. Shacolas serves as an Executive Vice President of N.K. Shacolas (Holdings) Limited. He has been an Executive Chairman of Cyprus Trading Corporation Plc since April 28, 2015 and served as its Chairman since June 2014. He serves as an Executive Non-Independent Director of Woolworth (Cyprus) Properties Public Ltd. He serves as a Director of MTN and other companies. He serves as Executive Director of Ermes Department Stores Plc. He served as Non Executive Director of ITTL Trade Tourist and Leisure Park Plc until July 23, 2015. Mr. Shacolas studied Business Administration in the USA, where he also obtained a post-graduate degree.