Under Law as amended and codified on 21 December 2012, the HFSF appointed, as its representative on the Bank’s Board, Mr Charalambos Makkas, who, according to the provisions of the RFA entered into between the Bank and the HFSF, is authorized to participate in the meetings of Board Committees and the committee the Bank is required to set up with the sole duty of supervising implementation of the restructuring plan approved by the HFSF and the European Commission.