Vassos Shiarly
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Vassos Shiarly ( el, Βάσος Σιαρλή, ; born 1948) is a
British Cypriot The British Cypriot community in the United Kingdom consists of British people born on, or with ancestors from, the Eastern Mediterranean island of Cyprus. British Cypriot people may be of Greek-, Turkish-, Lebanese- Maronite-, or Armenian-Cyp ...
banker and politician. He studied at the
London School of Economics The London School of Economics and Political Science (LSE) is a public university, public research university located in London, England and a constituent college of the federal University of London. Founded in 1895 by Fabian Society members Sidn ...
and
Wayne State University Wayne State University (WSU) is a public research university in Detroit, Michigan. It is Michigan's third-largest university. Founded in 1868, Wayne State consists of 13 schools and colleges offering approximately 350 programs to nearly 25,000 ...
. From 23 March 2012 until 28 February 2013, Shiarly served as the Finance Minister of Cyprus. He was responsible for implementing a second round of austerity measures.


Career

Shiarly worked for 19 years in various accounting firms in London. His last employment before repatriating to Cyprus in 1985 was with then Coopers & Lybrand (now
PricewaterhouseCoopers PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounti ...
), where he held the position of Senior Manager. In Cyprus, Shiarly became actively involved in the banking sector joining the
Bank of Cyprus The Bank of Cyprus (BoC) ( el, Τράπεζα Κύπρου, tr, Kıbrıs Bankası) is a Cypriot financial services company established in 1899 with its headquarters in Strovolos. Current operations The Bank of Cyprus currently operates 108 b ...
initially at the Bank's Investments arm and later to the position of Senior Manager of Customer Management Services. From 1998 to 2009 he served as a Senior Group general manager of banking Operations and Development. From 2009 to May 2010 he was the Senior general manager of the Bank. He was called to serve as
Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
in 2012 after Kikis Kazamias resignation for medical reasons. Shiarly also serves as Governor of the European Bank for Reconstruction and Development.


Recognition

* He was elected chairman of the board of directors of the Association of Cyprus Banks for the period 2009–2010. * In December 2010 he was elected chairman of the board of directors of the Cyprus anti-Cancer Society. * In November 2011 he was appointed by the Council of Ministers of the Republic of Cyprus as Chairman of the Cyprus Health Insurance Organization. * Shiarly also served as a member of the board of directors of the Junior School in Nicosia for six years.


References

{{DEFAULTSORT:Shiarly, Vassos 1948 births Living people Cyprus Ministers of Finance