Cyprus Investment Promotion Agency
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UNCTAD Second World Investment Forum Sep 06, 2010
Cyprus Regional Franchise Conference Oct 14, 2010

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Uniteam Marine
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ASBISc Enterprises PLC (“ASBIS”): leading global IT distributor

Investment Opportunities

General Information

We welcome investment opportunities in the key sectors outlined in the site.

Board of Directors

The Board of 12 Directors (10 from the private and 2 from the public sector) was appointed for an initial 4 year term.

Phidias Pilides

Phidias Pilides is the Chairman of the Board of CIPA (Cyprus Investment Promotion Agency) and the Chief Executive Officer of PriceWaterhouseCoopers Cyprus which has more than 850 staff, including 44 partners. As CEO, he represents PwC Cyprus on the Board of PricewaterhouseCoopers Eurofirms. He began his career with PricewaterhouseCoopers (PwC) in London and has subsequently transferred to the ...

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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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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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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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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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Chris Koufaris

Chris Koufaris is an independent business consultant / director of a number of international businesses. From 1995 to 2009 he held the position of the Managing Director of Kardex Systems Ltd, the Cyprus subsidiary of the Zurich based KARDEX Group, a worldwide leader in dynamic storage systems, responsible for the MEA India and the Far East Region. In 1975 he graduated the London School of ...

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George Lakkotrypis

George Lakkotrypis is the Microsoft Country Manager for Cyprus since 2003. He joined Microsoft as Business Development Manager for Cyprus & Malta in 2002, with a directive to develop the markets in these two countries. Before joining Microsoft, he worked for IBM in Cyprus for six years, holding consecutively the positions of Channel Partner Account Manager and SMB Account Manager. Previously ...

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Nelly Koulia

 Nelly Koulia is the Acting 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 ...

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Stelios Triantafyllides

Stelios Triantafyllides has been working with and has been a partner of the law firm of Antis Triantafyllides & Sons since 1983. His practice centers specifically on international business transactions with a focus on Eastern Europe and Russia. His clients include major international commercial and investment banks. He earned his degrees at Oxford University, Worcester College (M.A) ...

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Leandros L. Papaphilippou

Leandros Papaphilippou studied Law at the University of Leceister, England and registered as an Advocate on July 1990. Today, he is the managing partner of L. Papaphilippou & Co, Advocates & Legal Consultants.  The firm has offices in Nicosia, Limassol and Warsaw, and Rep. Offices in Geneva and Bucharest.  His main area of practice is Company & Commercial Law and Private ...

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Gregoriades Angelos

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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Latest News

Cyprus ranked 40th out of 183 countries in DoingBusinessReport 2010 - Sep 08, 2009
CIPA calls for constructive dialogue - Aug 03, 2009
Cyprus Finance Ministry and CIPA to formulate action plan on FDI - Jul 30, 2009

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