Wednesday, 09/09/2026 | 11:23 GMT by
Adonis Adoni
- Official confirmation is expected to arrive tomorrow following a session of the country’s Council of Ministers.
- Reports also indicate that Loukas Lagoudis, an existing CySEC board member, is tipped to become the next Vice-Chairman.
According to local outlet InBusinessNews, George Karatzias will succeed Dr George Theocharides as the Chairman of CySEC.
Karatzias had previously served as the regulator’s Vice-Chairman between 2021 and 2024 before moving to the Central Bank of Cyprus as an Executive Board Member.
Official confirmation is expected to arrive tomorrow following a session of the country’s Council of Ministers, which will decide, among other things, CySEC’s leadership appointment.
Reports also indicate that Loukas Lagoudis, an existing CySEC board member with extensive risk management and investment banking experience, is tipped to become the next Vice-Chairman.
Dr Theocharides took over as chairman of CySEC in September 2021, succeeding Demetra Kalogirou, having previously served as the authority’s deputy chairman from July 2020. During his term, the Commission had increased supervisory activities and established the national registry for CASPs under the EU’s MiCA regulation.
Who is Who
Karatzias’ professional career began in 2006 within international audit firms. Active in industry leadership, he was elected to the board of directors of the Cyprus Investment Funds Association (CIFA) in 2019, where he also served as Vice-Chairman of its Fund Administrators Committee until September 2021.
Meanwhile, he headed the fund services division at Alter Domus in Cyprus from 2011 to 2020.
Additionally, he had two terms on the Funds Committee of the Institute of Certified Public Accountants of Cyprus (ICPAC).
Karatzias is a Fellow of the ACCA and earned a Master’s degree in Marketing and Financial Services from the University of Exeter.
According to local outlet InBusinessNews, George Karatzias will succeed Dr George Theocharides as the Chairman of CySEC.
Karatzias had previously served as the regulator’s Vice-Chairman between 2021 and 2024 before moving to the Central Bank of Cyprus as an Executive Board Member.
Official confirmation is expected to arrive tomorrow following a session of the country’s Council of Ministers, which will decide, among other things, CySEC’s leadership appointment.
Reports also indicate that Loukas Lagoudis, an existing CySEC board member with extensive risk management and investment banking experience, is tipped to become the next Vice-Chairman.
Dr Theocharides took over as chairman of CySEC in September 2021, succeeding Demetra Kalogirou, having previously served as the authority’s deputy chairman from July 2020. During his term, the Commission had increased supervisory activities and established the national registry for CASPs under the EU’s MiCA regulation.
Who is Who
Karatzias’ professional career began in 2006 within international audit firms. Active in industry leadership, he was elected to the board of directors of the Cyprus Investment Funds Association (CIFA) in 2019, where he also served as Vice-Chairman of its Fund Administrators Committee until September 2021.
Meanwhile, he headed the fund services division at Alter Domus in Cyprus from 2011 to 2020.
Additionally, he had two terms on the Funds Committee of the Institute of Certified Public Accountants of Cyprus (ICPAC).
Karatzias is a Fellow of the ACCA and earned a Master’s degree in Marketing and Financial Services from the University of Exeter.
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Adonis Adoni is a News Editor at Finance Magnates, with more than six years of experience covering the financial services industry, technology, and their intersection.
His work includes C-suite interviews with leading technology and fintech companies across Europe, the US and Asia, exclusive coverage of M&A activity and capital raising, and data-driven industry reporting, with a strong emphasis on engagement and clear storytelling.
Areas of Coverage:
Online trading industry news
Fintech companies
Digital assets and crypto markets
Regulatory and compliance developments
Executive interviews
Education:
BA in Law – Nottingham Trent University
LLM in Health Law – Nottingham Trent University
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Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers BlackBull’s IPO is delayed, BlackBull’s IPO is delayed until 2027, Equiti opens a second UAE physical storefront, eToro prepares to move clients to its new AI-centred app and financial contracts could take almost half of prediction-market volume by 2035.
Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
Today’s financial news recap covers BlackBull’s IPO is delayed, BlackBull’s IPO is delayed until 2027, Equiti opens a second UAE physical storefront, eToro prepares to move clients to its new AI-centred app and financial contracts could take almost half of prediction-market volume by 2035.Finance Magnates Daily Recap brings you the latest news from forex and CFD brokers, fintech, payments, cryptocurrency, digital assets, trading platforms, financial regulation and global markets.
Get the key company news, executive moves, deals, regulatory updates and market developments of the day, in just a few minutes. New episodes published every weekday.
Read more: https://www.financemagnates.com
#FinanceMagnates #ForexNews #FintechNews
