After a long career at the custody operations of Eurobank, Ilias Magafas has undertaken responsibilities as Senior Consultant at EFFECT SA in Greece and abroad, since the beginning of October 2019.

As Manager of Custody Operations at Eurobank, Ilias was also responsible for the Custody Services to Foreign Institutional Investors. Having gained a 20-year experience and high expertise in the custody operations, he has significant involvement and contribution into the digital support of custody operations and the automation of workflows in post-trading industry.

This collaboration is a step towards EFFECT’s strategic development and growth in Greece and abroad, since Ilias, via his new and expanded role, is going to offer valuable services for accelerating the process of digital transformation in the custody operations of our partner Banks.