Management Profiles

Michalis Louis – Chief Executive Officer Eurobank Cyprus

Mr. Louis is the Chief Executive Officer of Eurobank Cyprus since 2007. He also holds the position of Head of International Activities General Division of Eurobank Group since 2014 and the Position of Head of Group Private Banking of Eurobank Group, since June 2019. He is the Chairman and/or a member of the Group’s International Bank subsidiaries in Serbia, Bulgaria and Luxembourg and he is also a member of Group’s Executive Board.

He started his career in the Banking Sector in 1987 with Laiki Bank Group, where he held various senior managerial and Board positions. In 1989 and 1990 he worked in a subsidiary of HSBC in New York, at the Corporate Finance Department.

He obtained a Bsc with first class honors in Accounting Studies at the Ealing College in London and an Msc in Accounting & Finance from London School of Economics and Political Science. He also attended various banking related courses at the Insead and the London Business School.

He was born in 1962 in Nicosia, Cyprus.


Haris Hambakis – Senior General Manager

Mr. Hambakis joined Eurobank Cyprus in 2007 and currently holds the position of Senior General Manager. He also holds the position of Head of Private Banking New Business Development & Strategic Transformation of Eurobank Group, since June 2019. He started his career in the Corporate Banking Division of Laiki Bank in Greece, where he worked for two years. Upon his return to Cyprus, in 1996, he continued his career with Laiki Group where he served in various positions, including Head of Global Capital Markets, Project Manager for the establishment of a subsidiary Bank in Australia, Project Manager for the acquisition of a Bank in Serbia and its post-acquisition restructuring, Manager in Private Banking and Director Wealth Management, a position he held until his move to Eurobank Cyprus.

Mr. Hambakis holds a BSc in Economics from University College London and an MSc in Shipping, Trade and Finance from City Business School. He is also registered in the Cyprus Securities and Exchange Commission’s Public Register of Registered Persons as holder of the Advanced Certification.


Andreas Petsas – Senior General Manager

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 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 holder of the Advanced Certification.


Demetris Shacallis – General Manager, CFO (Chief Financial Officer)

A member of the Institute of Chartered Accountants in England and Wales, Mr. Shacallis started out at Ernst & Young in London where he worked for four years specialising in the Financial Services sector. He then continued his career with PricewaterhouseCoopers in Nicosia at the position of Audit Manager. In 1998, he took on the duties of Manager of Financial Services & Human Resources - Chief Financial Officer at the Universal Bank.

In 2007 he joined Eurobank Cyprus and was appointed General Manager - Chief Financial Officer and Company Secretary, also overseeing the Bank’s Human Resources division. He is a Member of the Board of Directors and is considered to be the key person for all financial matters of the Bank, including the financial and capital management and the design of the Bank’s economic strategy. 

Mr Shacallis holds a BSc in Economics from the University of Leicester and an MBA from the University of Nottingham. He is also registered in the Cyprus Securities and Exchange Commission’s Public Register of Registered Persons as holder of the Advanced Certification.


Achilleas Malliotis – General Manager, COO (Chief Operations Officer)

Mr. Malliotis started his career in 1990 in the Business Advisory Department for Financial Institutions at KPMG London, where he obtained his ACA qualification from the Institute of Chartered Accountants in England and Wales. He later transferred to the Management Consulting Department, specialising in Risk Management for financial institutions. Upon his return to Cyprus in 1995, he joined the International Operations Division of Laiki Group, where he was involved in various projects in Cyprus and abroad, including the development of the Group’s subsidiaries abroad and of the Wholesale Banking Division in Cyprus. Mr. Malliotis also led the development of the Group’s Risk Management Division, where he was appointed Divisional Director.

Since 2008, when he joined Eurobank Cyprus, Mr. Malliotis has been performing the duties of General Manager - Chief Operations Officer overseeing the operations and the development of the Bank’s infrastructure and services.

Mr. Malliotis is a holder of a BSc in Accounting and Finance from the London School of Economics and Political Science. Furthermore, during his studies, he was awarded a British Commonwealth Scholarship and later awarded a British Council Fellowship. He is also registered in the Cyprus Securities and Exchange Commission’s Public Register of Registered Persons as holder of the Advanced Certification.


Antonis Antoniou – General Manager, Wealth Management

Mr. Antoniou joined Eurobank Cyprus in 2007 and he currently holds the position of General Manager – Wealth Management.

He started his career at Laiki Bank where he served for six years as Head of the Market Risk Management Unit. He then moved to the Private Banking Unit of Laiki Bank as Assistant Manager and later served as Manager, a position he held until his move to Eurobank Cyprus.

Mr. Antoniou graduated from the London School of Economics and Political Science with a BSc Degree in Actuarial Science and obtained an MSc in Shipping, Trade and Finance from the City Business School. He is also registered in the Cyprus Securities and Exchange Commission’s Public Register of Registered Persons as holder of the Advanced Certification.


Stephanos Kassianides – General Manager, International Business Banking

Mr. Kassianides has over 20 years of banking experience, working initially in a financial institution in London for a period of three years, handling a portfolio of clients mainly involved in the real estate sector. In 2000 he returned to Cyprus and worked for six years at Laiki Bank, managing the Credit Department of the International Business Banking Division. In 2007, he joined Eurobank Cyprus, managing the International Business Division, including the Bank’s network. At present, he holds the position of General Manager - International Business Banking.

Mr. Kassianides holds a BSc in Accounting and Finance from the University of Essex and an MSc in Insurance and Risk Management from the City Business School.


Demetris Eliades- Manager International Business Banking

Mr. Eliades started his career in London where he worked in the Investment Banking Division of Credit Suisse First Boston. He later joined the Bank of England working as an analyst in the Monetary Analysis Division. He returned to Cyprus in 2003 and worked at Laiki Group, firstly as Head of the Market Risk Management Unit and then as the assistant of the Executive Director responsible for the Group’s overseas operations. He joined Eurobank Cyprus in 2007 and currently holds the position of Manager - International Business Banking.  

Mr. Eliades holds a BSc in Economics from the London School of Economics and Political Science and an MPhil in Finance from the University of Cambridge.


Nicolas Panayi – Manager Corporate and Investment Banking

Starting his career, Mr. Panayi joined Ingersoll Rand (USA) as a Financial Analyst where he took assignments in Texas and later in Paris. Following his return to Cyprus in 2000, he joined CLR Securities & Financial Services where he served for five years as a Private Equity Portfolio Manager. He then moved to the Association of Cyprus Banks where he served for two years as a Senior Officer. Mr. Panayi joined Eurobank Cyprus in December 2007 and he currently holds the position of Manager – Corporate and Investment Banking, heading the Large Corporate lending operations of the Bank.

Mr. Panayi holds an MBA in Finance and Investments from the City University of New York and is a graduate of the Business School of the University of Kentucky.


Marios Hadjikyriakos – Head of Global Markets

Mr. Hadjikyriakos started his career in 1998 working for the Treasury department of Laiki Bank in Cyprus. In 2001 he was seconded to Laiki Bank in Australia where he served in the position of Treasurer until 2003. Returning to Cyprus, he assumed the position of the Head of the Money and Capital Markets desk. He joined Eurobank Cyprus in 2007 in the position of Head of Global Markets.

Mr. Hadjikyriacos holds a BSc in Economics and Finance from Baruch College and an MBA from the University of Cyprus. He is also registered in the Cyprus Securities and Exchange Commission’s Public Register of Registered Persons as holder of the Advanced Certification.