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New Governor of the Central Bank of Cyprus

New Governor of the Central Bank of Cyprus

Cyprus Central Bank Governor, Mr. Panicos Demetriades, resigned on Monday after two years in office.

Mr. Demetriades resignation has been accepted by President Nicos Anastasiades and he will be replaced by Mrs. Chrystalla Georghadji.

Mrs. Georghadji was born in 1956. Having studied economics at the University of Athens, she continued her studies at the University of Southampton in the U.K. and in 1983 took her Masters degree from the University of Chicago, in the USA. In 1981 she was appointed as an economic officer at the Ministry of Finance. In 1991 she was promoted to the post of Senior Economic Officer in the same Ministry.

In 1995, she was appointed as Assistant Superintendent of Insurance and had the responsibility of heading the Service for the Supervision of Insurance Companies in Cyprus. She was also the Deputy Chairperson of the Securities and Exchange Commission of Cyprus for the period 1993-1998. On 1st December 1998 she was appointed by the President of the Republic of Cyprus as Auditor General of the Republic and remained at office until her recent appointment as Central Bank Governor.

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