# Piraeus Bank corporate developments

> Live situation record from CLSTR: https://clstr.news/situations/piraeus-bank-corporate-developments
> Updated: 2026-09-22T08:56:55.000Z. Sources: 5. Developments: 2.

In August 2026, the Board of Directors of Piraeus Bank approved an 86.7% increase in the annual fixed compensation for CEO Christos Megalos. His salary is expected to rise to a range of approximately 1.2 to 1.4 million euros. This decision drew scrutiny regarding the social impact of banking profits and the historical context of state-funded recapitalizations in the Greek banking sector.

By September 2026, the bank received the Top Employer Greece 2026 certification from the Top Employers Institute. Achieving a score of 93.74%, Piraeus Bank was the only Greek bank included in the list. CEO Christos Megalos stated that the certification recognizes the organization’s progress and its commitment to being an “employer of choice for top market talent.”

## Timeline

### 2026-09-22: Piraeus Bank receives Top Employer Greece 2026 certification

Piraeus Bank has been named a Top Employer Greece 2026, scoring 93.74% in its first assessment and becoming the only Greek bank to receive the certification.

3 sources. https://clstr.news/cluster/piraeus-bank-receives-top-employer-greece-2026-certification

### 2026-08-24: Piraeus Bank CEO salary to increase by 86.7%

Piraeus Bank's board has approved an 86.7% increase in CEO Christos Megalos's annual fixed compensation, raising his expected salary to between 1.2 and 1.4 million euros.

2 sources. https://clstr.news/cluster/piraeus-bank-ceo-salary-to-increase-by-867

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Cite as: Piraeus Bank corporate developments. CLSTR, https://clstr.news/situations/piraeus-bank-corporate-developments