Andreas Yiasemides, a 13-year veteran at PwC Cyprus, has been elected by his peers as the company’s next chief executive, taking up his post on July 1, and pledging in his first statement as CEO-elect to ensure the Big Four firm “retains its leading position in professional services.”
“Amidst conditions marked by substantial challenges yet also abundant opportunities, we will continue investing in innovation, our people, and in building strong relationships of trust, offering high-quality services and solutions to our clients,” he said after the vote of the firm’s 35 partners.
“I have absolute confidence in the ability and suitability of Andreas to be our next CEO and lead the firm to new successes in the years ahead. I look forward to working very closely with Andreas in the months ahead as he prepares to undertake the role,” said incumbent CEO Philippos Soseilos. He will hand over the baton on June 30 and retire from the firm at the end of 2026, concluding a smooth succession process.
Yiasemides first joined PricewaterhouseCoopers in 1999 as a senior associate for four years, after which he joined Bank of Cyprus, where he served in management positions and later as a non-executive director for a year, before moving to K. Treppides & Co. as a partner for two years and Treppides Fund Services where he set up and led the funds services unit.
He returned to PwC in 2016, initially as Clients and Markets Leader, in charge of fund services, and then as partner, Head of the Risk, Compliance and Regulation Advisory, after which he was promoted to Markets Leader in charge of fund services.
Andreas holds a first-class degree in Economics from the University of Manchester and is a member of the Institute of Chartered Accountants in England and Wales (ICAEW), as well as a member of the Institute of Certified Public Accountants of Cyprus (ICPAC). He has also served on the board of the Central Bank of Cyprus and is a past Chairman of the Cyprus Investment Funds Association (CIFA).
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