CYPRUS INVESTMENT FUNDS ASSOCIATION - Key Persons


Alexios Kartalis

Job Titles:
  • Member of the AIF Committee
  • Member of Committee

Andreas Athinodorou

Job Titles:
  • Member of the Board of Directors
  • Member of the Fund Administration Services Committee
  • Member of Committee
Mr. Athinodorou has over 30 years of international experience focused on corporate finance, asset management solutions and global corporate structuring. He is the founder and CEO of ATG Funds (Formerly CEO of the Aspen Trust Group), a financial services group based in Cyprus focusing on International Fund Administration. His experience covers Investment management solutions, administration of alternative investment funds and cross-border investment structures. Mr. Athinodorou is a Fellow Chartered Accountant with the Institute of Chartered Accountants in England and Wales. He is a founding member and on the board of directors of the Cyprus Investment Funds Association (CIFA) currently serving since 2016 as the Chairman of the Fund Administration Services Committee. He is also a member of the Institute of Certified Public Accountants of Cyprus (I.C.P.A.C.) -one of the two self-regulating bodies for the administration service providers in Cyprus. as well as a member of S.T.E.P., I.F.A and I.T.P.A. He has served as a Director in a number of international Investment Structures.

Andreas Theophanous

Job Titles:
  • Member of the Fund Administration Services Committee
  • Ethics & Risk Management Committee
  • Member of Committee

Andreas Yiasemides

Job Titles:
  • President of the Board of Directors
Mr. Andreas Yiasemides is a Partner at PwC Cyprus and is in charge of the Fund Services Unit. On his graduation from the University of Manchester with a first-class honors degree in Economics, he joined PwC in 1999 and qualified as a Chartered Accountant (FCA). He continued his career at the Bank of Cyprus, holding various positions including head of the Custody and Trusts Unit. Before returning to PwC in late 2016 as a Partner, he was leading the Fund Services Unit of Treppides Group. He has served as a member of the Board of the Bank of Cyprus and of the Central Bank of Cyprus. He currently serves as the Chairman of the Board of Directors of the Cyprus Investment Funds Association (CIFA) and of the Cyprus-India Business Association Committee established by the Cyprus Chamber of Commerce and Industry (CCCI). He is also a member of the Cyprus National Advisory Council of the Charter Institute for Securities and Investment (CISI). He is the holder of an MBA from the University of Leicester.

Antonis Houry

Job Titles:
  • Member of the AIF Committee
  • Member of Committee

Antonis Rouvas

Job Titles:
  • Member of the Board
Antonis Rouvas graduated from Wake Forest University, North Carolina, USA with a BSc (High Honors) in Business and Mathematics and holds the professional titles FCA (ICAEW) and AMCT (Association of Corporate Treasurers, UK). He worked for PricewaterhouseCoopers in London and then for the multinational Credit Suisse in a number of posts, starting from Singapore with final appointment in London. In 2004, he joined KPMG as a Partner, based in Nicosia. In 2008 he was appointed as Chief Financial Officer of Hellenic Bank Group. He returned to KPMG in January 2018 as a Board Member, working in the field of Advisory Services for Asset Managers. In 2021 he returned to Hellenic Bank again as Chief Financial Officer.

Charalambos Prountzos

Job Titles:
  • Member of the Board

Charles Charalambous

Job Titles:
  • Member of the AIF Committee
  • Member of Committee
  • Training / HR Committee

George Martides

Job Titles:
  • Member of the AIF Committee
  • Member of Committee
  • Statistics and Fund Research Committee

George W. Sams

Job Titles:
  • Member of the AIF Committee
  • Asset Management and Distribution Committee
  • Member of Committee

Giorgos Constantinou

Job Titles:
  • Member of the Fund Administration Services Committee
  • Member of Committee

Michalis Ioannides

Job Titles:
  • Member of the AIF Committee
  • Legal and Regulatory Committee
  • Member of Committee

Michalis Vasiliou

Job Titles:
  • Member of the AIF Committee
  • Member of Committee

Mr George Campanellas

Job Titles:
  • Vice President of the Board of Directors
Mr George Campanellas is a graduate of the Department of International and European Studies of the Athens University of Economics and Business with post-graduate studies in Public Sector Management (Master's in Public Sector Management) and Business Administration (MBA in Oil & Gas and Energy Management). During the past 16 years he has held various positions within the public service. Since 2013, he was employed at the Ministry of Energy, Commerce, Industry and Tourism where he was actively involved in drafting the regulatory framework and incentives for attracting Foreign Direct Investment in sectors of strategic importance to the economy. He has been actively involved in the development of the integrated casino resort, being also member of its Project Management Team. Since 2015, he has participated as a speaker in a number of business missions abroad, presenting investment opportunities in different sectors of the Cyprus economy, while also serving as a member of the Board of Directors of Invest Cyprus.

Mr. Antonis Antoniou

Job Titles:
  • Member of the Board of Directors
Mr. Antonis Antoniou joined Eurobank Cyprus in 2007 and he currently holds the position of General Manager Wealth Management. He graduated from London School of Economics and Political Science with a BSc Degree in Actuarial Science and obtained a Master (MSc) in Shipping, Trade and Finance from the City Business School. Following his studies, he joined Laiki Bank Cyprus where he served for six years as Head of Market Risk Management Unit. He then moved to the Private Banking Unit of Laiki Bank as Assistant Manager and later served as Manager Private Banking, a position he held until his move to Eurobank Cyprus. He is a holder of a professional certificate issued by the Ministry of Finance and the Cyprus Securities and Exchange Commission in Investment Advise and Discretionary Portfolio Management.

Mr. Charalambos Phokas

Job Titles:
  • Member of the Board
Mr. Charalambos Phokas is in the Banking business 1979. Currently he holds the position of the General Manager - Administration at the Cyprus Development Bank Public Company Limited. As from the beginning of his career and until 2015 he was working with Hellenic Bank. During this period he served at different positions including the position of Branch Manager at a number of Hellenic Bank Branches. In 1995 Mr. Phokas joined the Organisation and Methods department. In year 2000 he successfully organised the launching of the Custodian Services department which he managed until 2015. As from 2003 he was also appointed as General Manager and member of the board of directors of the Bank's subsidiary "Hellenic Bank Trust & Finance Corporation Ltd". Mr. Phokas has substantially attributed to the establishment of the custody concept in the Cyprus market and the establishment of the Custodians in the local Stock Exchange.

Mr. Christoforos Antoniades - Shareholder

Job Titles:
  • Chartered Accountant
  • Executive Director
  • Member of the Board of Directors
  • Shareholder
Mr. Christoforos Antoniades is a shareholder and executive director in the ARGUS group, which offers specialized investment services to international and local institutions and individuals. ARGUS's core activities include global execution, asset management, corporate finance and investment banking. ARGUS also runs other innovative operations including its own hedge funds, involved in algorithmic and equities trading using proprietary models. Mr. Antoniades has more than 27 years of experience in the investment management, investment banking and corporate finance fields through his involvement in various international and local financial institutions as manager, director and shareholder. During his career he has been involved in the set up of various businesses and funds and in their managerial, financial and business affairs. He is currently a director of various companies and licensed funds and is an active member of the Board of CIFA. Christoforos is a qualified Chartered Accountant (ACA), trained with KPMG UK and a licensed Investment Professional (holder of the Advanced Certificate). He has studied Econometrics and Finance (BA Econ) at the University of Manchester. He is aged 49, married, with two daughters.

Mr. Christos Kalogeris

Job Titles:
  • Executive Director
  • Member of the Board
Mr. Christos Kalogeris, is an Executive Director and the General Manager of BOC Asset Management Ltd, a wholly owned subsidiary of Bank of Cyprus and one of the larger asset management companies of the island. Prior to that, he was the Head of Investment Strategy and Advisory Management at Bank of Cyprus. He spent almost ten years (1998-2007) working for Hellenic Bank serving as Head of Private Banking and Asset Management. In 2004 he initiated and completed the setup of the first ever UCITS mutual fund investing primarily in Cyprus. The fund was registered in Greece and despite different investment restrictions it achieved 1st performance ranking award for two consecutive years. In October 2007 he moved to Egnatia Financial Services (Cyprus) Ltd as Managing Director facilitating a triple merger between Egnatia, CLR and Laiki Investments, and shortly later he was appointed Head of Asset Management at Laiki Financial Services and also served as member of the board of directors. Christos graduated from the English School Nicosia in 1990 and following military service, he completed his BSc degree in Economics at Bradford University and later obtained an MBA degree from Sheffield University (UK). He is also registered in the CySEC Public Register as a holder of the Advanced Examination Certificate. Christos has more than 20 years of experience is the asset management industry and has attended and presented at numerous events in Cyprus and abroad.

Mr. Constantinos Papanastasiou

Job Titles:
  • Treasurer of the Board
Mr. Constantinos Papanastasiou currently holds the position of Senior Manager - Fund Services for EFG Bank (Luxembourg) S.A - Cyprus Branch, part of EFG International. Among the fund services, he is offering AIFMD compliant depositary services to Cyprus Alternative Investment Funds. Constantinos has over 17 years of experience in investment banking and financial services as he was previously the Head of Investment Banking at CISCO, Bank of Cyprus Group. He is also a member of the Board of Directors of Natural Gas Public Company (DEFA) and of the Cyprus Investment Funds Association (CIFA). Constantinos is a CFA Charterholder from the CFA Institute and also holds a Corporate Finance Qualification from the ICAEW and the advanced certificate from CySEC for the provision investment services. He holds a B.Sc. (Econ) in Economics and Statistics (First Class) from University College London and an M.Phil Finance from the University of Cambridge, Pembroke College.

Mr. Demetris Taxitaris

Job Titles:
  • Member of the Board
  • General Manager of MAP S.Platis
Mr. Demetris Taxitaris is the General Manager of MAP S.Platis, a leading consulting firm in the provision of regulatory compliance and related services for regulated entities such as investment firms, investment funds and their managers. He is also the founder and Chairman of Symmetria, an investment advisory firm. For a number of years he worked at Bank of Cyprus as Head, Asset Management. Prior to that, Demetris worked at Deloitte in London where he qualified as a Chartered Accountant. Demetris holds directorships at the Institute of Certified Public Accountants of Cyprus and CIFA. He holds a BSc. Mathematics with Statistics from Imperial College (first class honours) and a MSc. Mathematical Trading and Finance from Cass Business School (distinction).

Mr. Marinos Christodoulides

Job Titles:
  • Member of the Board of Directors
Mr. Marinos Christodoulides studied Economics at the Athens University of Economics & Business. He is a Certified Public Accountant (CPA), member of the American Institute of Certified Public Accountants (AICPA), as well as a member of the Institute of Certified Public Accountants of Cyprus (ICPAC). He is also a member of the Institute of Internal Auditors of Cyprus (IIA Cyprus) and of the International Institute of Internal Auditors (IIA). He also holds the ACCA Diploma on Corporate

Mr. Marios Tannousis

Job Titles:
  • Member of the Board
Mr. Marios Tannousis holds the post of Deputy Director General at the Cyprus Investment Promotion Agency (CIPA). He has more than twenty four years of international corporate experience, with twelve years in the international banking and financial services group Societe Generale, where he served at various key posts. He is a Member of the Board of the European Fund and Asset Management Association (EFAMA) as well as the Cyprus Investment Funds Association (CIFA). He also served as President of the Cyprus Finance & Leasing Association and Board Member in various other organizations and bodies. He is a Member of the Chartered Institute for Securities and Investment (CISI) and holds a Bachelor's degree in Economics from Rutgers University, NJ, USA and an MBA from Mankato State University (MSU), MN, USA. He is also Certified for offering investment services and has a special interest in Economic Development through Investments especially in Banking, Financial Services and Investment Funds. He represents Cyprus in various international and European Conferences.

Mr. Omeros Nishiotis

Job Titles:
  • Chief Executive Officer and Chief Investment Officer of Fortified Capital Ltd

Mr. Panikos Teklos - CEO

Job Titles:
  • Group CEO
  • Vice President of the Board of Directors
  • Certified Investment Advisor
  • Specialist in Governance
Mr. Panikos Teklos is the Group CEO of a private financial conglomerate including a brokerage group, an electronic payments group and a wealth advisory group. Mr. Teklos has more than 20 years of international experience in Investment Banking (BNP Paribas, Barclays Capital and Citigroup in London, New York, Paris, Athens), Strategy, Consulting, Asset and Wealth Management. Prior to taking his new responsibilities in January 2021, he has spent 5 years at Deloitte as a Partner leading Risk and Wealth Advisory Services. Within this role he has setup and led the Funds Advisory services Mr. Teklos is a specialist in Governance, Risk & Regulation matters, Financial and Capital Management products, structured solutions and business advisory for Financial Institutions and Corporates. He has extensively project managed and advised on Bank restructuring projects, Asset-Liability Management, Operational efficiency, best market practice benchmarking, Economic and Regulatory Capital calculation and effective hedges. Mr. Teklos is also an expert in multi-jurisdictional investment fund and asset management advisory and was involved considerably in the setup, structuring, capital raising and distribution of multiple types of Funds in various jurisdictions. Mr. Teklos is a certified Investment Advisor (Certificate in Investments, Securities & Financial Derivatives from SII) and registered in the CySEC Public Register as a holder of the Advanced Examination Certificate offered in conjunction with the Chartered Institute of Securities & Investments. He holds a BSc in Economics from the University College London and an MSc Degree in Finance and Economics from London School of Economics and Political Science.

Mrs Maria Panayiotou - Managing Director

Job Titles:
  • Managing Director
  • Member of the Board of Directors
  • Secretary of the Board
Mrs Maria Panayiotou is the Managing Director and the AML Compliance Officer of GMM Fund Management, an AIFM licensed and regulated by CySEC. Prior to joining GMM Fund Management, she was serving as the Head of the Company Administration of LLPO Law Firm with 15 years of experience in the fields of registration, administration, advising and structuring of companies in various professional sectors and industries and she was the AML Compliance Officer of LLPO Law Firm since 2016 and Compliance Officer's Assistant of LLPO Law Firm since 2010. She is also approved as a NOMAD for Cyprus Stock Exchange. Mrs. Panayiotou holds an MSc in Finance (University of Cyprus) and a BSc in Economics (University of Cyprus) and she passed the Advanced Examination on Financial Services Legal Framework from the Cyprus Securities & Exchange Commissions.

Mrs. Elia Nicolaou

Job Titles:
  • Member of the Board
  • Managing Director of Amicorp ( Cyprus ) Limited
Mrs. Elia Nicolaou is the Managing Director of Amicorp (Cyprus) Limited, a position she holds since May 2009. Prior to joining Amicorp, she worked as the head of the Corporate Law department at Polakis Sarris & Co. and prior to that she worked as an advocate at C. Patsalides & Associates. Elia has over 18 years of legal, corporate services and managerial experience and has extensive experience in commercial, corporate and funds law. Elia holds an LLB in Law from the University of Nottingham. She has also been awarded an LLM in Commercial and Corporate Law from the University College of London and an Advanced Diploma in Business Administration from the Cyprus International Institute of Management. She is a holder of the BAR qualification from the Cyprus BAR Association.

Neophytos Neophytou

Job Titles:
  • Member of the AIF Committee
  • Member of Committee
  • Tax Committee

Omiros Nishiotis

Job Titles:
  • Member of the Board
Mr. Omeros Nishiotis is the Chief Executive Officer and Chief Investment Officer of Fortified Capital Ltd, with more than twenty-five years of experience in the field of Asset Management, Investments, Risk Management and Finance. Omeros has previously served as Managing Director and Chief Investment Officer in financial Services firms in Cyprus and Australia and as the Investment Manager of an International Insurance company, as well as in several other managerial positions in Investment banking and financial services Firms. Since 2016, Omeros has been at the forefront of the Cyprus Funds industry, using his extensive industry and international experience for the development of the Cyprus Funds industry market and is currently an elected member of the Cyprus Investment Funds Association Board of Directors. Throughout his professional career, Omeros has gained great international exposure that earned him Directorship positions in international Asset Management and Investment Banking firms and is often a speaker and moderator in international funds and industry conferences. Omeros is a holder of the Advanced Professional Competency Certificate issued by the Cyprus Securities and Exchange Commission. He is a member of the Society of Technical Analysts UK with a MSTA designation and a member of the Chartered Institute of Securities and Investments, MSCI. Also, Omeros holds a BA (Hons) degree in Accounting and Financial Management from the University of Essex, and a MBA in Finance and a D.I.C. in Management from Imperial College London.