WM issue 5

| 8 | CONTENTS
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Contents
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12 | A New-Generation Private Banking Model
By Fokion Karavias.
I S S U E 5
16 | The Ever-Changing Private Banking Landscape
Interview with Haris Hambakis.
20 | Opportunities for Banks Continue to Arise
Interview with Andreas Petsas.
24 | Investment Outlook for 2022
Christos Elafros and the Global investment Advisory Division
team discuss the mid-year investment outlook for 2022.
32 | Sustaining Family Wealth Across Multiple
Generations
By Phryni Yiakoumetti Mina & Natalie Vassiliou Moustaka.
34 | Cyprus Macroeconomic Outlook
By Maria Kasola.
36 | Eurobank Cyprus General Managers
Profiles of four Departments and their respective Heads.
38 | Eurobank’s Five-Year Digital Transformation
Roadmap
Interview with Spyros Loizou.
42 | Affluent Banking: Dedicated Personal Services
for Successful Local Professionals
By Popi Hadjioannou.
44 | Investment Funds in Cyprus
By Konstantinos Xanthis.
46 | Cyprus International Trusts Bring Wealth
Protection – and Real Peace of Mind
By Constantinos Ignatiou, Rebecca Ephgrave &
Simona-Maria Ciurla.
47 | THE COLLECTORS
Three businessmen reveal the story behind their
collecting passion and the challenges they faced.
54 | Medochemie: Where Dioscorides Meets
El Greco
Interview with Dr. Andreas Pittas, Founder and
Executive Chairman, Medochemie.
57| Opportunities Beginning to Arise in a
Tough Year
By Savvas Theofilou.
110
58 | A Guide to Family Office Planning, Governance
and Succession
By Andreas Yiouselli & Constantinos Yiannikouris.
62 | Form Follows Function
The Founding Partners of UDS Architects on
their cultural influences and the challenge of
environmental sustainability.
65 | VOLUNTEERING AND PHILANTHROPY
Four Cypriot women on the importance of cultivating a spirit of giving.
74 | Cyprus and High Net Worth Individuals
By Valentinos G. Pavlides.
70 | BUSINESS TALK 1
Business leaders discuss the Ukraine crisis, the economy and
entrepreneurship with Finance Minister Constantinos Petrides.
88 | Protecting Your Legacy through a Cyprus International Trust
By Elena Christodoulou.
90 | The Long and Winding Road to Success
Interview with Benjamin Bilski and Michael Milonas of neobroker NAGA.
96 | Family Businesses Today: Rising Challenges in a Rapidly
Changing Environment
By Demetris Vakis.
98 | A Deepening Relationship
Interview with France’s Ambassador to Cyprus, Salina Grenet-Catalano.
101 | OBJECTS OF DESIRE
Two special stores that can help you turn your house into the
home you will truly love.
106 | Putting the Right Money in the Right Hands at the
Right Time
By Georgia Constantinou-Panayiotou.
110 | Emotional Connections
Inytervew with Klitos Teklos, Senior Vice President, Global
Creative Director at Estée Lauder.
114 | Generational Planning: Cyprus Wills and Trusts
By Stelios Christophides.
116 | Living the Dream
Interview with award-winning Cypriot film composer George Kallis.
118 | How to Buy Property in Cyprus with Cryptocurrency
By Savvas Savvides.
120 | Power Couple Sharing a Single Path
Gogo Alexandrinou and Charalambos Prountzos on how they
balance challenging careers with their parental duties.
123 | ART FOR ART’S SAKE
Four gallery owners discuss investing in art and enjoying it for its
own sake.
132 | Real Estate Opportunities: London as an International
Investment Destination
By Marios Hajiroussos.
134 | BUSINESS TALK 2
In May, members of the Cyprus-UK Business Association met
with Chris Barton, HM Trade Commissioner to Europe.
142 | Global Investment Outlook
By Loucas Savva CFA.
144 | Finest Dining
Fine-dining venues in Cyprus that collaborate with top
international chefs.