Vassos Shiarly

Vassos Shiarly
Βάσος Σιαρλή
Minister of Finance
In office
24 March 2012 – 1 March 2013
Preceded byKikis Kazamias
Succeeded byMichael Sarris
Personal details
Born1948 (age 75–76)
London, England
ProfessionBanker, politician

Vassos Shiarly (Greek: Βάσος Σιαρλή, locally [ˈvasos ʃaɾˈli]; born 1948) is a British Cypriot banker and politician. He studied at the London School of Economics and Wayne State University. From 24 March 2012 until 1 March 2013, Shiarly served as the Minister of Finance of Cyprus.[1] Chosen by President Demetris Christofias to replace the ailing Kikis Kazamias,[2][3] he and his predecessor oversaw the collapse of public finances amidst the 2012–2013 Cypriot financial crisis.[4]

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), where he held the position of Senior Manager. In Cyprus, Shiarly became actively involved in the banking sector, joining the Bank of Cyprus initially at its investment banking division and later in the positions of Senior Manager of Customer Management Services, Group General Manager and Group Chief General Manager.[5][6] In his capacity as finance minister, Shiarly also served as European Investment Bank Governor for the Republic of Cyprus.[2]

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.[6]

References

  1. ^ "Ex-Ministers of Finance". Nicosia: Ministry of Finance. Retrieved 21 July 2023.
  2. ^ a b "Vassos Shiarly, new Governor for Cyprus". European Investment Bank. 26 March 2012. Retrieved 21 July 2023.
  3. ^ "Cyprus appoints banker Shiarly as finance minister". Reuters. Nicosia. 19 March 2012. Retrieved 21 July 2023.
  4. ^ Smith, Helena (28 February 2013). "Cyprus's departing finance minister warns: we'll run out of money by May". The Guardian. Athens. Retrieved 21 July 2023.
  5. ^ "Curriculum Vitae". Nicosia: Ministry of Finance. 6 April 2012. Archived from the original on 7 April 2012. Retrieved 21 July 2023.
  6. ^ a b "Vassos Shiarly, Republic of Cyprus: Profile and Biography". Bloomberg. New York. Retrieved 21 July 2023.
Preceded by Minister of Finance
2012–2013 		Succeeded by