CORPORATE GOVERNANCE

Strong Governance. Sustainable Value.

At Olympia Group, we believe that responsible governance is the cornerstone of long-term success and sustainable growth. Our governance framework promotes transparency, accountability, and ethical leadership — ensuring that every decision aligns with the interests of our investors, portfolio companies, and stakeholders.

Corporate Governance
Our Governance philosophy

At Olympia Group, we have adopted international best practices in corporate governance, recognizing that effective governance mechanisms are key drivers in ensuring sustainable value over time.

Our primary objective is to ensure that the governance framework reinforces the independence of the Board of Directors throughout the decision-making process, enabling impartial and responsible leadership, which is free from conflicts of interest.

We are committed to ensuring that all companies within Olympia Group embrace and comply with the principles of sound corporate governance, fostering transparency, accountability and long-term value creation.

Our Governance Principles

Our governance is guided by the following principles:

01
Integrity conducting business with honesty and fairness.
02
Accountability maintaining clear decision-making and reporting lines.
03
Transparency communicating openly with investors and regulators.
04
Independent Oversight ensuring checks and balances through diverse, experienced leadership.
05
Compliance upholding all applicable legal and regulatory standards globally.
06
Responsibility acting in the best interests of the company and all stakeholders.

Board of Directors

Our Board of Directors provides strategic leadership, independent oversight and stewardship of the firm’s long-term objectives.

The members of the Board of Directors are chosen under “fit and proper” principles, bringing proven expertise and integrity that uphold prudent management and long-term stakeholders’ trust.

The Board comprises Executive Director but also Non-Executive (NEDs) and Independent Non-Executive Directors (INEDs). The inclusion of INEDs enhances the Board’s independence and ensures strong oversight and adherence to the highest standards of governance. The members of the Board receive ongoing training to maintain their competence, while the Board’s efficiency and performance are regularly evaluated to ensure it remains aligned with its mission and goals.

The Board’s Role

The Board is responsible for defining the firm’s strategic direction and for setting its vision and goals.

It safeguards stakeholder interests, maintains sound governance practices, and oversees the company’s overall business operations while monitoring associated risks.

Through its mix of diverse skills, deep experience in private equity, finance, governance, and strategic management and independent judgment, the Board ensures that management decisions are made responsibly, with transparency and accountability.

Board Composition

Our Board consists of:

Ioannis Karagiannis
Ioannis Karagiannis Chairman of OLYMPIA GROUP Ioannis Karagiannis is a Chairman of the Olympia Group. During the course of his career, he has held senior executive roles at the Group and its investee companies and has been instrumental in the success of a number of investments, including in the launch of Play, the largest mobile company in Poland, where he was…
Andreas Athanasopoulos
Andreas Athanasopoulos Executive Director and CEO Chairman to the Board of Sunlight Systems and Westnet – Subsidiaries of Olympia Group. Mr. Andreas Athanasopoulos has extensive experience in banking, retail, and business both in Greece and abroad for over 24 years. Throughout his career, he has been responsible for leading the design and implementation of large-scale strategic growth plans, whether organic or…
Georgios Xirouchakis
Georgios Xirouchakis Executive Director Georgios Xirouchakis is the General Counsel and Director of Legal Services of Olympia Group and he serves as Executive Director at the Olympia Group Board of Directors. He sits on several boards of various holding and operating companies within the group and he was also a Board Member of the Greek National Museum of Contemporary…
Tatiana Fafaliou
Tatiana Fafaliou Non-Executive Director Tatiana Fafaliou serves as a member of the Olympia Group Board as a Non-Executive Director since 2013 and Chair of the Audit Committee. She also currently holds the role of CEO of Folloe Capital Investors and Director at the Folloe Fund VCIC, positions she has held since 2017. Prior to this she held the position…
Steve Stathis Tzikakis
Steve Stathis Tzikakis Independent Non-Executive Member Mr. Steve Stathis Tzikakis has a long and successful career in senior management positions at leading multinational companies, with significant international experience in the B2B cloud solutions sector. In the past, Mr. Tzikakis served as CEO of Sitecore Inc., a leading company in the DXP & Commerce sector, based in San Francisco, USA. During his…
George Michos
George Michos Independent Non-Executive Director George Michos serves as a member of the Olympia Group Board of Directors as an Independent Non-Executive Director. George is the Chief Executive Officer of the Steel Segment of Viohalco SA, comprising leading companies in steel production and recycling in Southeastern Europe, namely Sidenor, Sovel, Stomana and Dojran Steel, and having a market presence in…
Governance Committees

Our governance framework is supported by three specialized committees, ensuring that Olympia Group maintains transparency, operational discipline, and alignment with stakeholder expectations. Each committee operates under a defined charter approved by the Board, with clear mandates, responsibilities and reporting structures.

Oversees the firm’s long-term vision, investment priorities and portfolio performance. Ensures that strategic initiatives align with market opportunities, investor objectives, and sustainable growth goals.

Monitors financial reporting, internal controls and risk management frameworks. Provides independent oversight to ensure the integrity of financial and operational practices.

Establishes fair, performance-linked remuneration policies and oversees leadership selection and succession planning. Ensures alignment between individual performance and the firm’s long-term strategy.

Μembers:
Steve Stathis Tzikakis
Steve Stathis Tzikakis
George Michos
George Michos
Ioannis Karagiannis
Ioannis Karagiannis
Andreas Athanasopoulos
Andreas Athanasopoulos
Μembers:
Tatiana Fafaliou
Tatiana Fafaliou
George Michos
George Michos
Steve Stathis Tzikakis
Steve Stathis Tzikakis
Μembers:
George Michos
George Michos
Tatiana Fafaliou
Tatiana Fafaliou
Steve Stathis Tzikakis
Steve Stathis Tzikakis
Ethical Conduct & Compliance

Ethical Conduct & Compliance

We maintain a rigorous Code of Conduct that guides all employees, BoD members and partners in ethical decision-making. Our compliance framework covers anti-bribery, anti-corruption and conflict-of-interest policies, promoting a culture of integrity across the group.

Responsible Investment & ESG Oversight

Responsible Investment & ESG Oversight

We integrate Environmental, Social, and Governance (ESG) principles throughout our investment process.

Our leadership and committees regularly review ESG performance to ensure responsible value creation, risk mitigation, and sustainable long-term impact.

See case studies from our portfolio companies here
Continuous Improvement

Continuous Improvement

Corporate governance at Olympia Group is both a core value and an evolving commitment. We continuously review and enhance our governance practices to reflect global best standards, and meet investors’ expectations and the highest levels of professional integrity.

LEARN MORE ABOUT Our Story