Dr. Loukas Barmparis has been the President and Secretary of Safe Bulkers, Inc. since 2008. Dr. Barmparis joined Safe Bulkers, Inc.'s Manager Alasia Development S.A. in February 2006 and serves as its Technical Manager. He joined affiliated Alasia Development S.A. in January 2006 and serves as its Technical Manager, where he is responsible for project development. From 1999 to 2005 and from 1993 to 1995, Dr. Barmparis served as Technical Manager and Project Development General Manager at N. Daskalantonakis Group, Grecotel, one of the largest hotel chains in Greece. From 1995 to 1999, Dr. Barmparis served at Exergia S.A. as an Energy Consultant. He has been a Director of Safe Bulkers, Inc. since 2008. Dr. Barmparis holds a Master of Business Administration from the Athens Laboratory of Business Administration, a Doctorate from the Imperial College of Science Technology and Medicine, an Master of Applied Science from the University of Toronto and a Diploma in Mechanical Engineering from the Aristotle University of Hessaloniki.