The Board of Directors is responsible for:

  • The guidance and control of the Company
  • Defining strategies and drawing up plans for their implementation
  • Monitoring, evaluating and reviewing the Company's performance against such strategic plans
  • The Compliance of the Company with Supervisory Standards and Regulations
  • Safeguarding Policyholders ’Funds
  • Maximizing the value of the Company for the benefit of its shareholders
  • The effective operation of the administrative organization and culture

In addition, the Members of the Board of Directors act as advisors to the Chief Executive Officer and the Executive Management and evaluate its performance.

Board of Directors



Executive Chairman and Chief Executive Officer since 2018.

Member of the Risk Management Committee and the Investment Committee

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Member since 2019.

Chairman of the Investment Committee.

Mr. Antoniades was born in Nicosia in 1967 and he is a businessman with many years of experience and knowledge in the financial sector. He holds a B.A. (econ) from Manchester University and he is member of the Institute of Chartered Accountants in England and Wales. Also, he holds the Advanced Certificate from the Cyprus Securities and Exchange Commission. He worked in KPMG (Manchester Office and Nicosia Office), in the Cyprus Development Bank (Investment Banking Division) as well as in the CLR as Director of the Investment Portfolio Management Department and in the EGNATIA Financial Services Limited group as Director of the Management Department from 2005 to 2007. Since October 2007, he is Director and shareholder in ARGUS group of companies that offers a full range of investment services to institutional and private investors for international and local markets. Mr. Antoniades holds positions on various boards of companies and investment funds and he is also member of the Board of Directors of CIFA (Cyprus Investment Funds Association).



Mr Constandinos Antoniou is a highly skilled Auditor and tax expert with a remarkable career in auditing and taxation industry. He is a member of the Association of Chartered Certified Accountants, member of the Institute of Certified Public Accountants of Cyprus, and member of the Cyprus VAT Association.

Mr Antoniou founded CSM Audit Tax Advisory Limited in 2020, specializing in audit and VAT services. Before that, he served as a partner and head of audit and VAT at KPSA Chartered Accountants from 2007 to 2019. Also gained valuable experience at KPMG, where he held various roles starting from 1999 to 2006, where he left holding the position of Audit Assistant Manager.


Non Independent

Member since 2024

General responsible officer of Compliance function.

Avgirinos Chartsiotis was born in 1990 in Limassol.

He holds an LLB Hons degree and graduated in 2013 from the University of Leicester in the United Kingdom. In 2014, he completed the Legal Practice Course (LPC) at the University of Law in the United Kingdom.

He registered with the Cyprus Bar Association in 2015 and was employed at the law firm Marios Chartsiotis & Co. LLC. As of January 9, 2024, he serves as the Managing Partner of the company. He represents insurance companies in legal and extrajudicial matters, providing legal guidance and opinions. He has also collaborated with the Association of Insurance Companies of Cyprus in drafting legislation related to the insurance sector.

He serves as a member of the Board of Directors of the Forum of Insurance Lawyers, an organization exclusively dedicated to insurance law. In 2023, he was elected a member of the Board of Directors of the Cyprus Bar Association for a three-year term. He chairs the Committee for Young and Trainee Lawyers and was appointed as a supervisor of the work of the Insurance Law Committee and the Technology Committee of the Cyprus Bar Association.

He is a member of various non-profit organizations and actively promotes various public interest issues through speeches and articles in the media.



Member since 2005.

Member of the Executive Management and Member of the Risk Management Committee and the Investment Committee.

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Member since 2014.

Member of the Risk Management Committee and the Audit Committee

Mr. Malekos studied Economics at the London School of Economics with specialization in actuarial science. He is the founder and CEO of NewLife Insurance Consultants as well as Epos Insurance Agents from 1994 until today. He is consultant to Fred TV and Non-Executive Consultant to Hotforex-HF Markets (Europe) Ltd. He worked for Universal Life Insurance Company from 1983 to 1994, first as Insurance Team Manager and then as Sales Manager.



Member since 1993.

Member of the Executive Management and Member of the Risk Management Committee and the Investment Committee

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Member since 2021.

President of the Risk Management Committee.

Mr. Andreas Philippou is Fellow Chartered Accountant member of the Institute of Chartered Accountants in England and Wales. In United Kingdom, he began his studies obtaining a BSc (Honors) in Hotel and Institutional Management and later a Master in International Business Administration which was in collaboration with a French university.

As a professional accountant, Mr Andreas Philippou has an international career, gaining experience in United Kingdom, Cyprus, Ukraine and Middle East. For the last 11 years, he has been a partner in major international auditing firms and has led audits of large multinationals and other prestigious organizations. Upon his return to Cyprus, he established in November 2020 the auditing firm Philippou Auditors Ltd where he is CEO. He is member of the Cyprus Association of Chartered Accountants.



Member since 2015.

President of the Audit Committee.

Mr. Siakas studied Economics and Commerce at the Athens School. He is Certified Public Accountant (Member of the Association of Chartered Certified Accountants), Certified Internal Auditor (CIA-Member of the Institute of Internal Auditors of USA), Certified Government Financial Manager (CGFM) and he holds Master degree in Human Resource. He is Director at Apserou Shiaka & Co Ltd from 2009 until today. He served as Director for the Audit Office of the Cooperative Foundation from 2000 to 2009. Also, he served as Senior Auditor in the Audit Office of the Republic of Cyprus from 1985 to 2000. Previously, he worked as auditor for accounting firms in London and Athens.


Secretary of the Board of Directors - Lawyer


Advisor to the Executive Chairman and the Board of Directors

Mr. Christofides is the CEO of AKC Consult Ltd.

His career has been intertwined since 1979 with the auditing firm KPMG Cyprus where he served as CEO (2000-2018).

He is Member of the Institute of Chartered Accountants in England and Wales and Member of the Corporate Finance Faculty of that Institute.


Compliance Officer - Lawyer