Cyprus Appoints New Director of the Country’s Central Bank

Constantinos Herodotou was appointed on Tuesday to the position of Director of the Central Bank of Cyprus.

The President of the Republic Nicos Anastasiades signed Herodotou’s appointment in a ceremony which took place at the presidential palace of Cyprus in Nicosia.

Anastasiades called on the new director to ”show full respect to the country’s constitution, the laws and the regulations of the financial sector.”

The president also praised Herodotou for his academic and scientific excellence, adding that ”by accepting this prestigious position in one of our country’s most important institutions, you take upon a massive responsibility.”

Herodotou has served as executive director of the Central Bank of Cyprus since March 2017 and has also been an independent non-executive director for the Bank of Cyprus.

He graduated from the University College of London in 1996 and completed a Masters in Business Administration (MBA) with Distinction at the London Business School in 2001.