Cyprus Investment Promotion Agency
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Weatherford International
Nest Investments Holdings (Cyprus) Ltd
NCR Middle East/Africa Area
FBME Bank Ltd.

Board of Directors

The Board of 15 Directors (12 from the private sector, 2 from the public sector and 1 from the Central Bank of Cyprus) was appointed for second time in November 2011 for a 4-year term. 

Christodoulos E. Angastiniotis

Christodoulos E. Angastiniotis is the Chairman of the Board of CIPA and the Chief Executive Officer of VitaTrace Nutrition Ltd Group. He is also the Vice President of The Cyprus Chamber of Commerce and Industry (2011-2014), President of Lefkosia Tourism Development & Promotion Company (2008-2014), President of The Veterinary Pharmaceutical Importers Association (2008-2013). Formerly he ...

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Christos Mavrellis

Christos Mavrellis is the Vice Chairman of the Board of Directors of CIPA (Cyprus Investment Promotion Agency) and the Senior Partner of Chrysses Demetriades & Co Law Office. Between 1982 and 1988, Mavrellis served as Minister of Communications and Public Works and later as Minister of Finance of the Republic of Cyprus. Previously, he served as Secretary of the International Tax Planning ...

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Marios A. Klitou

Marios A. Klitou is the Treasurer of the Board of Directors of CIPA (Cyprus Investment Promotion Agency). Marios is the CEO of Baker Tilly Klitou, a firm of Auditors, Accountants and Business Advisors, which services more than 3000 clients with offices in Cyprus, Bucharest-Romania, Sofia-Bulgaria and Chisinau-Moldova. Baker Tilly Klitou is an independent member of Baker Tilly International, the ...

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Sotiris Sotiriou

Sotiris Sotiriou is the Secretary of the Board and the Director General of the Cyprus Investment Promotion Agency (CIPA). Most recently, Mr. Sotiriou was the Permanent Secretary of the Ministry of Health and prior to that, Permanent Secretary at the Ministry of Commerce, Industry & Tourism. He began his career at the Ministry of Labor. During his 30 years career in the government, Mr. ...

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Charis Anastasiou

Charis Anastasiou is a Senior Partner at Makis Anastasiou & Co Law Firm. He completed his Law degree – LLB (Hons.) at Bristol University - U.K. and his Barrister-at-Law professional qualification at the University West of England, being a member of the Inner Temple. He has been a Vice-President of Limassol Bar Association since 2006. His legal practice is diverse, with focus on corporate and ...

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Artemis Antoniadou

Artemis Antoniadou is the Managing Director of the Voici La Mode Group of Companies. The VLM Group owns and operates 5 Marks & Spencer stores in Nicosia, 4 Celio Stores in Nicosia and Limassol and 4 Café la Mode restaurants in Nicosia. In 2010 Artemis Antoniadou was appointed as an Ambassador of «The European Network of Female Entrepreneurship Ambassadors». She is also the Chairman of The ...

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Michalis Avraam

Michalis Avraam is the Managing Director of Michalis Avraam Chartered Accountants Limited in Cyprus. Mr. Avraam is an economist, a member of the Institute of Chartered Accountants in England & Wales, the Institute of Certified Public Accountants of Cyprus (ICPAC) and the Society of Trust and Estate Practitioners (STEP). He is a qualified mediator, a member of the Association for ...

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Christis Christoforou

Christis Christoforou is the Chief Executive Officer of Deloitte & Touche Limited in Cyprus. He has been appointed by the Council of Ministers of Cyprus as a member of the Council of Internal Audit of the Cyprus Government representing the private sector, as well as as a member of the tripartite committee responsible for transparency and auditing of the wealth of officials holding a public ...

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Evgenios Evgeniou

Evgenios Evgeniou is the Managing Partner of PwC Cyprus. Prior to assuming this responsibility he was a member of the Executive Board of the firm, the partner responsible for services to the Banking industry sector, the Human Capital Leader and a member of the Assurance leadership team of PwC in Europe. He primarily services clients in the financial services sector. He joined PwC in 1990 and was ...

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Angelos Gregoriades

Gregoriades Angelos is a senior partner and Head of Tax and Corporate services of KPMG in Cyprus. He is a graduate of the London School of Economics and is a Fellow Member of the Institute of Chartered Accountants of England and Wales.   Mr. Gregoriades has been involved extensively with the Tax Committee of the Institute of Certified Public Accountants in Cyprus for which committee ...

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Kyriacos Kakouris

Kyriacos Kakouris is a Senior Economic Officer in the Finance and Investment Division at the Ministry of Finance of the Republic of Cyprus since 1993. He heads up the International Finance Institutions Section, FDI policy, External Debt Management, Project Financing from IFIs and commercial sources and government owned entities. Between 1990 and 1993, Kyriacos was an Administrative Officer at the ...

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Thomas A. Kazakos

Thomas A. Kazakos is the Director General of the Cyprus Shipping Chamber. Mr. Kazakos is also a Member of the Executive Committee of the Cyprus Employers and Industrialists Federation, as well as, the Board of Directors of the Cyprus Chamber of Commerce and Industry. Having previously served as a Board Member of the Cyprus Ports Authority, he also acts as the Secretary General / Board Member of ...

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Kyriacos Kokkinos

Kyriacos Kokkinos is the General Manager of IBM Corporation in Cyprus since 1998. Throughout his career in IBM, he held a number of managerial positions at local and international level including IBM headquarters in Italy and IBM Greece. His academic background includes Electronics (BSc) and Computer Engineering (MSc) Degrees from New Jersey Institute of Technology (USA) and Executive MBA from ...

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Nelly Koulia

Nelly Koulia is the Director of Trade at the Ministry of Commerce, Industry & Tourism.   Nelly Koulia holds a BSc Honours Degree in Economics from The City University, London and an MSc Degree in Economics from The London School of Economics and Political Sciences, London.   She is a Member of the Board of Directors  of the Cyprus Investment Promotion Agency (CIPA), of the ...

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Spyros Stavrinakis

Spyros Stavrinakis was born in 1950. He graduated from the Pancyprian Gymnasium, Nicosia, in 1968. After serving in the Cyprus National Guard, he studied Economics at the University of Manchester, England, and Business Studies at the University of Sheffield, England. He joined the Central Bank of Cyprus in 1978, where he currently holds the post of Senior Director. His various duties at the ...

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Nicolas Theocharides

Nicolas Theocharides is the CEO and Managing Director of the Financial Services Company U.P.M. Limited, a Wealth Management Boutique offering portfolio management services to high net worth individuals. A qualified banker - Associate of the Institute of Financial Services of the UK, he previously held during a successful 20 year banking career, several management posts in International Business ...

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Latest News

CIPA Event for the World Bank's Doing Business Report 2012
CIPA Event for the World Bank's Doing Business Report 2012 - Jan 27, 2012
Press Release - Submission of Financial Statements of Companies in English - Dec 22, 2011
MoU between CIPA and Invest in Greece
MoU between CIPA and Invest in Greece - Dec 14, 2011

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