“EU Fintech agenda and challenges/opportunities for banks”

Stelios Georgakis – Director, Supervision Division, Central Bank of Cyprus.

Stelios joined the Central Bank of Cyprus (CBC) in 1992, after qualifying as a Chartered Accountant with Coopers & Lybrand (now PwC) in the UK.  He has worked in various positions in the Accounting Services and Payments Departments of the CBC. In January 2013 he became the Head of the Licensing and Regulatory Compliance Section of the Supervision Division. As such, he negotiated the AML action plan with the Troika relating to the banking sector and oversaw its successful implementation. With the introduction of the Single Supervisory Mechanism (SSM) of the European Central Bank, he became responsible for the On-Site Inspections, the AML/CFT supervision and the prudential supervision of credit, payment and e-money institutions that fall outside the scope of the SSM. Currently he leads the CBC department responsible for the significant and less significant credit institutions.

Stelios also holds a B.Sc.(Hons) in Civil Engineering and an MBA.