Espirito Santo Financial Group SA has announced the appointment of Roger Hartmann as the new CEO. Mr. Hartmann will be based at ESFG's registered office in Luxembourg. He replaces Mr. Gherardo Laffineur Petracchini, who remains a Director of ESFG and a member of the Executive Committee.

Mr. Roger Hartmann was Group CEO of VP Bank in Vaduz, Liechtenstein from 2010 until 2013. At the same meeting the Board of Directors confirmed the appointment of Mr. Joao Filipe Carvalho Martins Pereira as a Director and as a member of the company's Executive Committee. Mr. Martins Pereira was until August 2013 Global Head of Compliance at Banco Espirito Santo and at ESFG.

At the same meeting the Board of Directors accepted the resignation of Mr. Manuel Antonio Ribeiro Serzedelo de Almeida after twelve years as a Director.