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Papalekas steps down

19 March 2020

Papalekas steps down
POLAND/ROMANIA Ioannis Papalekas, the founder of Globalworth, is stepping down from the board of directors of Globalworth with immediate effect but will remain as CEO.

Dimitris Raptis, the current deputy CEO, has been appointed co-CEO and will also retain his position as chief investment officer. The news follows the announcement of Ioannis Papalekas selling his entire stake in the company to CPI Property. As a result of this sale CPI has gained the right to elect a member to the board and have nominated Martin Bartyzal as a non-executive director.

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