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13 June, 2024
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Banking sector's pledge to environmental transition

Exploring all commitments at the Green Agenda Cyprus Summit 2024 on May 20th

Press Release

Eliza Livadiotou

Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors.

She is responsible for Finance, Treasury, Strategy and Corporate Finance, Investor Relations, ESG, Real Estate Management, Restructuring & Recoveries, Regulatory Affairs, Procurement and Economic Research.

She began her career in 1995 with the audit firm Arthur Andersen in Cambridge, UK, where she qualified as a Chartered Accountant. In 1999 she joined Bank of Cyprus, as Assistant to the Group Chief General Manager. In 2005 she moved to the Finance Division.

In December 2013, Eliza was appointed Chief Financial Officer (CFO), and from 2016 to late 2021 she was responsible for the Finance and Treasury Divisions. In October 2021, she was appointed Executive Member of the Board of Directors.

Eliza studied Economics at the University of Cambridge (MA Hons).

She is a member of the Board of Trustees of the Bank of Cyprus Oncology Centre, a Non-Independent and Non-Executive member of the Board of Directors of CISCO, and a member of the banking committee of the Institute of Chartered Accountants in England and Wales.

Antonis Rouvas

He graduated from Wake Forest University, North Carolina, USA with a BSc (High Honours) in Business and Mathematics and holds the professional titles FCA (Institute of Chartered Accountants in England and Wales) and AMCT (Association of Corporate Treasurers, UK).

He held senior positions at leading institutions in Cyprus and abroad, including Credit Suisse (Singapore, Cyprus, London) and KPMG Cyprus (Partner – Head Financial Risk Management / Head Asset Management) and he has a deep knowledge and broad experience of the financial services industry. He served as Hellenic Bank Group’s Chief Financial Officer from 2008 to the beginning of 2017.

He was appointed Executive Member of the Board of Directors / Chief Financial Officer of Hellenic Bank on 20 September 2021.

On 1st August 2023, he was appointed Interim Chief Executive Officer of Hellenic Bank. His duties as Chief Financial Officer have been temporarily undertaken by the Bank’s Chief Accountant.

Andreas Petsas

Mr. Petsas started his career in Laiki Bank in 1997 where he served in various positions in Corporate and Investment Banking while in 2006 he was appointed as Deputy General Manager of Laiki Bank AD Serbia. He joined Eurobank Cyprus in 2007 in the position of General Manager of Corporate and Investment Banking and in 2014 he was appointed Senior General Manager responsible for the Corporate and Investment Banking and Wealth Management Banking Divisions.

Mr. Petsas holds a BSc in Business, Finance and Economics from the University of East Anglia and an MSc in Accounting and Finance from the London School of Economics and Political Sciences. He is also registered in the Cyprus Securities and Exchange Commission’s Public Register of Registered Persons as a holder of the Advanced Certification.

Miltos Michaelas

He graduated from American Academy, Larnaca in 1985. He pursued a comprehensive education, combining studies in Management and Computer Science at Aston University with an MBA in Financial Studies from the University of Nottingham. He is a Chartered Director as awarded by the Institute of Directors (UK), and was also an Associate of the Chartered Institute of Bankers. He served in a number of executive positions and boards of directors with Banks in different countries. He started his career in 1992 at Laiki Bank (Cyprus), where he held several roles for 7 years leading to the position of the Manager of Corporate and Institutional Banking, in Nicosia. He then moved to Petrolina Group (1999 to 2001) where he held the position of the Group Financial Manager. In 2001, he moved to Laiki Bank (Australia) Ltd, since renamed to Bank of Sydney, as General Manager, a post he held for 5 years. From 2006 until 2013 he worked at Laiki Bank (Cyprus) as the General Manager of International and Financial Services. From 2013 to 2016 he served as the Director of International Operations and Real Estate Management Unit (REMU) at Bank of Cyprus. In 2016 he returned to Bank of Sydney and held the position of CEO until 2023. In June 2023, he was appointed Managing Director of Alpha Bank Cyprus Ltd and an Executive Member of the Bank’s Board of Directors.

Aristidis Vourakis

Aristidis Vourakis has been Astrobank's CEO since November 2020. He is an international banker with a career spanning over 20 years including 18 with JP Morgan in London and 3 as Deputy CEO of Lebanon’s Bank Audi Group. As Managing Director of JP Morgan’s Financial Institutions Investment Banking, he helped banks implement growth initiatives and strengthen their capital structure. He also supported Greek issuers, including the Hellenic Republic, access to equity and debt capital markets following the debt restructuring of 2012. He holds an MSc. in Accounting and Finance from the London School of Economics and a BSc. in Banking and Financial Management from the University of Piraeus.

The Green Agenda Cyprus Summit

The purpose of the Green Agenda Cyprus Summit, held for the first time in Cyprus, is to support the efforts towards Cyprus' Green Transition, aiming to make our country an example of ecological living and sustainable development.

The Green Agenda Cyprus Summit will host influential leaders from the nation's business community, alongside keynote speakers of international renown who will captivate and motivate the audience. Notably, the government's participation will underscore the importance of its role in shaping the vision and strategies for the green transition. Deliberations and presentations will center on the critical examination of climate change risks and their far-reaching effects on human life, the financial sector, industry, real estate, and insurance.

The production of renewable energy sources, storage, and optimal smart distribution, financing the green transition, sustainability, and the evolution of the food production chain, as well as waste management, will all be at the heart of the Green Agenda Cyprus Summit 2024.

The Green Agenda Cyprus Summit will take place on May 20th at the Hilton Hotel with the support of the Central Bank of Cyprus. Platinum Sponsors include the Bank of Cyprus, Hellenic Bank, Eurobank, Alpha Bank, Astrobank, and Gold Sponsor EY, Dark Horse Cyta, Silver Partner SKLAVENITIS, AUDI, and Ιnvest Cyprus, Energy Partners Eunice Energy Group and team Green Energy. The conference is being held under the auspices of the Ministry of Agriculture, Rural Development, and Environment.

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