Cyprus Management Committee

Representation and Advocacy

Our international management committees play a crucial role in overseeing and advancing AIA’s standing in the accounting profession in their jurisdictions.

The Cyprus Branch was formed in 2008.

The committee acts as a voice for our members in their region. It advocates for their interests, ensuring their concerns, needs, and perspectives are considered in policymaking, regulatory changes, and industry developments.

They work to establish and maintain relationships with governmental bodies and local professional organisations to further recognition of the AIA Professional Qualification and the reputation of the Association.

The committee provides expertise and guidance to AIA on local technical consultations and regulatory developments, staying updated on technical changes and developments in the accounting landscape. They also establish and maintain connections with national professional bodies, building relationships and creating opportunities for knowledge sharing and best practice.

Education and Networking

The international management committees are also key in providing additional services and support to AIA members in their countries.

The committee contributes to the Association’s Continuing Professional Development (CPD) programmes, ensuring our members have access to high-quality educational resources and opportunities for skill and knowledge enhancement throughout their careers.

They also forge relationships with local educational institutions, creating opportunities for members to enhance their professional qualifications and facilitating pathways for aspiring professionals to enter the field.

The committee also perform the vital function of enabling connections among members, creating a peer network that allows professionals to exchange ideas, share best practices, and collaborate.

Organising social events fosters camaraderie among members, promotes networking in a more informal setting, and strengthens our professional community by creating spaces for social interaction and relationship building.

Office Bearers


George Themistocleous, President

George Themistocleous

President

Profile

George Themistocleous, serving as the Managing Partner and CEO of RSM Cyprus Ltd. With a remarkable track record spanning over 30 years, he brings extensive expertise in the areas of audit, tax, and consulting.

As a qualified accountant, George has consistently demonstrated his commitment to excellence, delivering exceptional results for clients across various industries. He possesses a deep understanding of the complex financial landscape and utilizes his expertise to provide strategic insights and guidance to organizations of all sizes.

Throughout his career, George has led numerous audit engagements, ensuring compliance with regulations and providing valuable recommendations. He is known for his attention to detail, analytical thinking, and problem-solving abilities. In addition to auditing, George specialises in tax advice and planning. He is also highly regarded for his consulting skills, offering guidance on strategic decision-making, financial management, and risk assessment.

George actively engages in continuous professional development, ensuring that his team at RSM Cyprus remains at the cutting edge of industry best practices.

With his strong leadership, dedication, and a passion for delivering excellence, George plays a pivotal role in driving the success and growth of RSM Cyprus. Under his guidance, the firm continues to thrive as a trusted partner in providing exceptional audit, tax, and consulting services to a diverse clientele.

Overall, he serves as a true inspiration, both within the field of accounting and as an influential leader within the business community.

Committee Members


Nicolas Agathocleous, Committee Member

Nicolas Agathocleous

Committee Member

Profile

Nicolas is a co-founder, Partner, and Board Member of RSM Cyprus Ltd., with over 20 years of expertise in Audit & Assurance, Tax & VAT compliance, and Business Consulting.

He holds a BA (Hons) in Accounting & Finance from Northumbria University and is a Fellow member (FCA) of the Institute of Chartered Accountants in England and Wales, a Fellow (FAIA) of the Association of International Accountants. Additionally, a Chartered Manager (CM) of the Chartered Management Institute and a Fellow member of the Institute of Certified Public Accountants of Cyprus. 

Nicolas provides comprehensive services tailored to client needs and upholds the highest standards of professionalism and integrity in all engagements.


Marina Christodoulou, Committee Member

Marina Christodoulou

Committee Member

Profile

Marina is a Fellow Member of the Association of International Accountants (A.I.A.), holding a Diploma, a Bachelors and a Masters in Accounting and Finance as well as a Masters in Public Administration. Α strong believer of lifelong learning, she has recently completed a series of seminars regarding the International Public Sector Accounting Standards (IPSAS) issued by the International Public Sector Accounting Standards Board (IPSASB).

Her Αccounting Οfficer duties in the Central Agency for Equal Distribution of Burdens led to a wide variety of experience ranging from handling loan applicants and owners from various socioeconomic backgrounds with varying demands and attitudes, to conducting accounting according to the demands of the Agency and the connected official Government Departments.

Fascinated by new projects, her Accounting and Finance business portfolio was enriched throughout the years, with companies from the Fitness and the Health and Wellness Industry. Unwilling to rest in her comfort zone, for five years she was the co owner of two Curves fitness centers, the largest fitness franchise in the world, in the cities of Paralimni and Larnaca. Always intrigued by investing in companies that have something new to offer, her current interest lies in a growing company with six branches in Cyprus that is using technology advances to help people improve their wellbeing by devoting only 30 minutes per week. An active and restless spirit, participating in a number of different committees, often serving from the position of fund administrator.

What she considers to be the biggest challenge in her life? To succeed in being the best mother she can be for her two young ones!

 


Ioanna Petrou Elia, Committee Members

Ioanna Petrou Elia

Committee Members

Profile

Ioanna is a seasoned professional with extensive experience in the financial sector and investor protection.

As a Fellow member of the Association of International Accountants, she brings over 20 years of dedicated service to the industry. Currently, she holds the position of Officer A at the Cyprus Stock Exchange (CSE), where she oversee the continuous obligations of listed companies in CSE markets, particularly focusing on financial reporting.

Ioanna's expertise extends beyond mere supervision; she is widely regarded as an expert in the field of listing public companies, analyzing business plans, and conducting company valuations. Her commitment to staying at the forefront of industry developments is evidenced by her active participation in seminars covering diverse topics such as AML framework, environmental law, IFRS updates, taxation, corporate governance, leadership, mindset, company valuations, and financial due diligence.

Ioanna holds a degree in Accounting and Finance and is a member of the Institute of Certified Public Accountants of Cyprus. Additionally, she is a holder of the CSE brokerage certificate, further demonstrating her dedication to professional excellence and ongoing education


George Josephakis, Committee Member
AIA Council Member George Josephakis

George Josephakis

Committee Member

Profile

George is Managing Director of G Josephakis Audit Ltd, a firm of Certified Public Accountants in Cyprus, specialising in auditing and assurance, corporate and personal taxation, business consulting and accounting. George trained as an accountant in London and has significant experience of working in commercial organisations both in the UK and Cyprus before establishing his own practice.

He is an expert in anti-money laundering and is a member of the International Compliance Association. Expertise which has been invaluable in his role as Chair of the Regulatory Oversight Committee, which deals with scrutiny, oversight, and review of AIA’s regulatory requirements as a recognised supervisory body under the Money Laundering Regulations.

George also acts as President of the AIA Branches in both Cyprus and Greece, and is actively involved in the efforts to further AIA’s recognition in Greece.

He is a member of the European Federation of Accountants and Auditors for SMEs (EFAA) Digital Working Group.

Declaration of Interest

 


Angela Yiacoumi, Committee Member

Angela Yiacoumi

Committee Member

Profile

Angela is a seasoned and accomplished professional in the field of accounting and business consultancy. 

Angela's professional career spans over four decades, marked by a diverse and enriching experience. Early in her career, she honed her skills at Gregoriou & Co, Certified Public Accountants in Nicosia. Starting as a Trainee Accountant and progressing to the role of Audit Senior, demonstrating her commitment to excellence and dedication to her craft.

In 1995, Angela took a significant leap in her career, assuming the role of Managing Director at A.Y.Global Consultancy Services Ltd, a prominent firm specialising in accountancy and business consultancy. 

With a wealth of experience and a reputation for excellence, Angela served as the Manager of Professional Services at Blue Status Financial Services Ltd from 1999 to 2001, contributing her expertise to the financial sector.

Since 2001, Angela has held the position of Managing Director at G.P.B.C. Audit-Tax-Consulting Ltd, where she oversees a team of professionals providing comprehensive services as Certified Public Accountants and Registered Auditors. Under her leadership, the firm has thrived, becoming a trusted name in audit, tax, and consultancy services.

Angela holds memberships in the Association of International Accountants, the Institute of Certified Public Accountants of Cyprus, and the Cyprus Institute of Internal Auditors.

Angela's language proficiency extends beyond borders, with excellent command over both the Greek and English languages, facilitating effective communication in the global business arena.

 

Branch Address

AIA Cyprus Branch
31 Gladstonos Street
Kermia Court, 2nd Floor
Limassol 3032
Cyprus

T: +357 252 040 00
E: g.themistocleous@rsmcyprus.com

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