Central Banks

Former Senior Banker Patsalides to Head Cyprus’s Central Bank

  • He’ll take over on April 11 when Herodotou’s term ends
  • Appointment will see him become an ECB interest-rate setter
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Former banking executive Christodoulos Patsalides will replace Constantinos Herodotou as governor of Cyprus’s central bank, according to a statement from the Cyprus President’s office.

Patsalides, who’s been a special adviser on economic affairs to President Nikos Christodoulides since March 2023, will take over on April 11 when Herodotou’s term ends.