Cypriot president appoints adviser as central bank governor

New governor was acquitted in 2020 trial over 2013 bank collapse

Christodoulos Patsalides, Governor of CBC

Christodoulos Patsalides has become governor of the Central Bank of Cyprus after being nominated by president Nikos Christoulides, the presidency announced on April 8.

The new governor is replacing Konstantinos Herodotou, who was appointed to a first five-year term in March 2019. Christoulides, who won election in February 2023, did not say why he had not chosen to appoint Herodotou to a second term.

Patsalides most recently served as special adviser of economic affairs to the president and also

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