Michael Colakides started his career at Citibank Greece where he worked for fourteen years and over time held the positions of Head of FIG and Head of Corporate Finance and Local Corporate Banking (1979–1993). In 1993, he was appointed Executive Vice Chairman at the National Bank of Greece responsible for the Corporate and Retail Banking business, domestic and international branch network, Chair/member of senior committees. In 1994, he joined TITAN Cement Company S.A., where he held the position of Group CFO and executive member of the Board until 2000. He was also responsible for a number of cement company acquisitions in Southeast Europe, Egypt and the U.S.
From 2000 to 2007, he served as Vice Chairman and Managing Director at Piraeus Bank S.A. overseeing the domestic Wholesale and Retail Banking business, as well as the group’s international network and activities. In 2007, he joined EFG Eurobank Ergasias S.A. assuming the position of Deputy Chief Executive Officer –Group Risk Executive Officer (2007–2013) overseeing the risk management functions of the Group in Greece and abroad. In January 2014, he returned to TITAN Cement Group assuming the position of Group CFO and executive member of the Board of Directors. In July 2019 he was also appointed to the position of Managing Director of Titan Cement International SA. As of November 2021, he is non-executive Chairman of Alpha Bank Cyprus. He holds a BSc in Economics from the London School of Economics and an MBA from the London Business School.
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