ATHENS, Feb 1 (Reuters) - Small Greek lender Proton Bank picked former U.S. ambassador Daniel Speckhard to head its board of directors and a former ABN AMRO executive as new chief executive, the bank said on Tuesday.
The bank, with a network of 31 branches, said Rudolf Eduard Oldeman, managing director at ABN-AMRO-Greece from 2005-08 will be chief executive, filling the post after the resignation of Tryphon Kollintzas last August.
Speckhard, a managing partner in WEM Global Investment, served as U.S. ambassador to Greece from 2007-10.
Proton's major shareholder, businessman Lavrentis Lavrentiadis, plans to cut his stake in the bank, a banking source told Reuters on Tuesday. "He plans to sell a 12 percent stake in Proton but will keep about 20 percent," the banker, who did not want to be named, said.
Lavrentiadis bought the stake in Proton from Piraeus Bank in 2009. (Reporting by George Georgiopoulos; Editing by Dan Lalor)