IRF European Finance Investments Ltd. announced that Mr. Panagiotis Throuvalas has been appointed as CEO and director of IRF, replacing Mr. Loucas Valetopoulos, who has resigned as a director and CEO of the company. Throuvalas has been working since 1982 in the fields of Finance and Investments, having served as Chief Financial Officer of the Theoharakis Group and a board member in several companies, including among others, NIK. THEOHARAKIS S.A.