Vassos Shiarly

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 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.[1][2][3]

Vassos Shiarly
Βάσος Σιαρλή
Cypriot Minister of Finance
In office
23 March 2012  28 February 2013
Preceded byKikis Kazamias
Succeeded byMichael Sarris
Personal details
Born1948 (age 7273)
London, England
ProfessionBanker, politician

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 the Bank's Investments arm and later to the position of Senior Manager of Customer Management Services.[4] 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.[5] He was called to serve as Minister of Finance in 2012 after Kikis Kazamias resignation for medical reasons.[6] Shiarly also serves as Governor of the European Bank for Reconstruction and Development.[7]

Recognition

  • He was elected chairman of the board of directors of the Association of Cyprus Banks for the period 2009–2010.[5]
  • 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.[4]

References

  1. "Cyprus appoints banker Shiarly as finance minister – from Kathimerini". eKathimerini.com. 19 March 2012. Retrieved 13 April 2012.
  2. "We'll do whatever it takes to keep deficit down". Cyprus Mail. 19 March 2012. Retrieved 20 April 2012.
  3. "Bailout for Cyprus, but at what cost?". Euronews.com. 27 June 2012. Retrieved 27 June 2012.
  4. "Financial Sector - Commercial Banks Industry - BOCY". Bloomberg BusinessWeek. 10 March 2012. Retrieved 10 April 2012.
  5. "Minister of Finance Mr. Vassos Shiarly". Cyprus Ministry of Finance. 1 March 2012. Retrieved 11 April 2012.
  6. "Insider Trader Siarlis Vasos". StockWatch Cyprus. 5 March 2012. Retrieved 11 May 2012.
  7. "Vassos Shiarly". European Investment Bank. 5 March 2011. Retrieved 12 May 2012.
Preceded by
Kikis Kazamias
Finance Minister of Cyprus
2012–2013
Succeeded by
Michael Sarris
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