Cabinet announces appointments to CBC and national betting authorities

The government on Wednesday appointed two executive directors and one non-executive member to the Board of Directors of the Central Bank of Cyprus.

The Council of Ministers, chaired by President Nikos Christodoulides, also appointed a member of the Board of the National Betting Authority.

The positions of executive directors on the Board of Directors of the Central Bank were taken by Eugenia Christodoulou and Georgios Karatzias, both chartered accountants with extensive experience in the financial sector.

Former Deputy Senior Manager of the Central Bank of Cyprus, Kyriakos Stavrou, has been appointed as a non-executive member of the Board of Directors of the Central Bank, replacing the resigned Angelos Grigoriades.

According to the president’s statement, the cabinet also appointed chartered accountant George Loizou as a member of the board of the National Betting Authority, replacing the resigned George Diogenous.