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2022-2023 Cyprus Country Report

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CYPRUSCOUNTRY REPORT <strong>2022</strong><br />

ASSOCIATION<br />

ANTONIS ANTONIOU<br />

CHAIRMAN<br />

THE CYPRUS EMPLOYERS AND<br />

INDUSTRIALISTS FEDERATION (OEB)<br />

The <strong>Cyprus</strong> Employers and Industrialists Federation (OEB) was<br />

founded in 1960. Today, its members are active in all sectors of<br />

the economy and employ more than 60% of the private sector’s<br />

workforce. OEB is a pancyprian independent organisation<br />

comprising of more than 100 of the main professional / sectoral<br />

Associations, as well as hundreds of companies from the<br />

Agricultural, Manufacturing, Construction, Commercial and<br />

Services Sectors. In total, OEB has more than 10.000 Members<br />

/ Enterprises. OEB is established as a dynamic force in <strong>Cyprus</strong>’<br />

socio - economic development and welfare and acts as the main<br />

advocate and representative of the business community.<br />

`<br />

years<br />

4, <strong>Cyprus</strong> Employers & Industrialists<br />

Federation Street, 2000 Nicosia /<br />

P.O.Box 21657, 1511 Nicosia - <strong>Cyprus</strong><br />

Contact: Michalis Antoniou - Director General<br />

(+357) 22 643 000<br />

info@oeb.org.cy<br />

www.oeb.org.cy<br />

ASSOCIATION<br />

KYRIAKOS KYRIAKOU<br />

PRESIDENT<br />

THE CYPRUS TECH ASSOCIATION<br />

The <strong>Cyprus</strong> Tech Association, a non-for-profit entity, aspires<br />

to provide a dynamic platform for all tech professionals and<br />

international ICT companies established in <strong>Cyprus</strong> to discuss,<br />

promote, and address common challenges. It also provides a<br />

formal representation to all its members to forums, public and<br />

private entities, as well as offers direction on key strategic issues,<br />

including the economic importance of the ICT sector and policy<br />

advocacy.<br />

Makariou III Avenue,<br />

4th Floor, 1065 Nicosia - <strong>Cyprus</strong><br />

(+357) 22 441 133<br />

info@techcyprus.org.cy<br />

www.cyprustechassociation.org.cy<br />

ASSOCIATION<br />

KYRIAKOS IORDANOU<br />

GENERAL MANAGER<br />

THE INSTITUTE OF CERTIFIED PUBLIC<br />

ACCOUNTANTS OF CYPRUS (ICPAC)<br />

The Institute of Certified Public Accountants of <strong>Cyprus</strong> (ICPAC) is the<br />

competent authority for regulating the accounting profession and the<br />

sole recognised body of Auditors by the state in <strong>Cyprus</strong>. Established in<br />

1961, ICPAC currently has more than 5.500 professional accountants<br />

as members and 3.500 students. ICPAC houses all professional<br />

accountants, supports and promotes the activities and interests of the<br />

accountancy profession, safeguards the reputation of the profession<br />

and adherence to the Code of Ethics, as well as provides for the<br />

continuous professional development and updating of members. In<br />

addition, ICPAC is also a competent authority under the Anti-Money<br />

Laundering law, the laws on the Regulation of Enterprises Providing<br />

Administrative Services and the Insolvency Practitioners Law, as well<br />

as one of the primary stakeholders of the economy of the country.<br />

11 Byron Avenue, CY-1096, Nicosia - <strong>Cyprus</strong><br />

Contact: Kyriakos Iordanou<br />

– General Manager<br />

(+357) 22 870 030<br />

info@icpac.org.cy<br />

www.icpac.org.cy<br />

BANKING<br />

PANICOS NICOLAOU<br />

CHIEF EXECUTIVE OFFICER<br />

BANK OF CYPRUS PLC<br />

Established in 1899, Bank of <strong>Cyprus</strong> is currently the leading<br />

banking and financial services Group in <strong>Cyprus</strong>, operating 64<br />

branches in <strong>Cyprus</strong> and representative offices in Russia, Ukraine<br />

an China. The Bank is the only financial institution in the region<br />

that is concurrently regulated by three different corporate<br />

governance codes (UK Corporate Governance Code, <strong>Cyprus</strong><br />

Stock Exchange Corporate Governance Code and Central Bank<br />

of <strong>Cyprus</strong> Internal Governance Directive) and in four different<br />

European jurisdictions (<strong>Cyprus</strong>, Ireland, the UK and the EU).<br />

Through the Wealth Services Division we offer a wide range of<br />

investment products and specialized services, including Private<br />

Banking, Affluent Banking, Institutional Wealth & Custody,<br />

Brokerage & Asset Management as well as Investment Banking.<br />

51 Stassinou, 2002 Strovolos,<br />

Nicosia - <strong>Cyprus</strong><br />

Contact: Emilios Tannousis -<br />

Manager Wealth Management<br />

(+357) 22 128 000<br />

info@bankofcyprus.com<br />

www.bankofcyprus.com<br />

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