Petros Christodoulou was elected Executive Member of the Board of Directors and Deputy CEO of National Bank of Greece (NBG) in June 2012.
In February 2010 he was appointed General Manager of the Public Debt Management Agency (PDMA) at the most critical time for Greek public sector finances; Greece was cut off from the markets after successive revisions of the 2009 deficit. He led the negotiations over the private sector involvement (PSI) to restructure the Greek Government debt, which successfully resulted in a €106.5 bn debt reduction.
From 1998 to 2010 he worked at the National Bank of Greece, initially as the Group Treasurer and later as General Manager of Treasury, Global Markets and Private Banking of NBG Group.
Between 1989 and 1998 he worked at J.P. Morgan in London as Head of European Derivatives Trading (1989-1994) and Proprietary Trading (1994-1995). In 1995 he was promoted to Managing Director, responsible for European Short Term Interest Rate Trading (1995-1997) and emerging markets in Europe and Africa (1997-1998). Prior to that, he served as Head of Provincial Bond Training at Goldman Sachs in Canada (1988-1989), and as Head of Money Markets Trading in Goldman Sachs in London (1987-1988). His career started in 1985 when he joined the bond trading department of Credit Suisse First Boston (CSFB) in London.
P. Christodoulou holds a Bachelor's degree from the Athens University of Economics and Business (1982), as well as a Master in Business Administration (MBA) from Columbia University in New York (1985) with specialization in Finance and Global Markets.