Nicholas KOLARIDES

Experience

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  Cyprus Army

  Jul 2001 - Aug 2003

  Sergeant

  Compulsory 25-month military service.

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  Eurobank

  Sept 2006 - Dec 2008

  Group Internal Audit Division | Securities & Capital Markets

  Hired to support the internal audit division and add value by performing risk assessment and appraisal of the bank's control systems, governance, and risk management in respect to compliance with policies, plans, procedures, laws and regulations that could have a significant impact on operations and reports.♦ Auditor reporting to audit senior manager.♦ Assisted the Quarterly Meetings on Audit Matters Secretary.♦ Internal audit focus: Mutual Funds, Asset Management.♦ Geography focus: Greece, Balkans.♦ Achieved good recommendations from senior management for submission to M.B.A. programme. Show less

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  KOLARIDES INSTITUTE of ACCOUNTANCY

  Jan 2009 - Dec 2012

  Strategy & Corporate Development

  Hired to produce positive change by implementing business development strategy to ensure business longevity, and by monitoring local competition and global professional training trends.♦ Built excellent relationships with key stakeholders while spearheaded marketing and branding initiatives. Responsible for communications and business planning while led e-CRM strategy execution.♦ Pursued increase of team productivity, while responsible for attempts to raise organic finance.♦ Raised brand awareness. Show less

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  EY

  Dec 2012 - Jan 2014

  Assurance Services | External Audit | Banking & FS

  Contracted to support the EY Cyprus FSO teams in external audit and assurance projects.♦ Industry focus: Banking, Investment Management. Also served: Insurance.♦ Services: internal controls assessment, MiFID compliance assurance, financial statements audit under IFRS.

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  PwC Cyprus

  Mar 2014 - Jul 2014

  Advisory Services | Banking Risk and Regulation

  Contracted as, external specialist, to support teams in completing the Asset Quality Reviews (AQR) Phase 2 according to European Banking Authority (EBA) and European Central Bank (ECB) directives for the 2014 EU-wide stress test.♦ Assigned to review the quality of large corporate loans and assessed the possible impact to the recoverable amounts by the financial standing of the Borrower entities.♦ Successfully assisted in meeting the tight deadlines imposed.♦ Achieved good recommendations and referenced as a suitable candidate that could cover the needs of an independent consulting team serving the Ministry of Finance of Cyprus. Show less

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  Ministry of Finance of Cyprus

  Jul 2014 - Mar 2015

  Directorate of Economic Research and EU Affairs

  Contracted, as freelance specialist, to support the CY Ministry of Finance in a consulting project regarding on whether to proceed or not with the design and implementation of a National Development Bank.♦ Services: ex-ante market study and development of the business case according to European Investment Bank (EIB) and Kreditanstalt für Wiederaufbau (KfW) guidelines, analysing both the demand and supply side for credit in Cyprus.♦ Responsibilities: data collection and analysis; surveying industrial, banking and institutional executives, results presentation and communication to project sponsors and stakeholders.♦ Successfully assisted in meeting the tight deadlines imposed. Show less

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  KPMG Cyprus

  Jun 2015 - Jun 2016

  Advisory Services | Internal Audit, Risk and Compliance

  Hired to support the IARCS team in various risk assurance and advisory engagements.♦ Industry focus: Banking, Investment Management. Also served: Retail, Telecommunications, Education.♦ Services: processes documentation, mapping and analysis, internal audit sourcing, GRC (governance, regulatory, and compliance), internal control over financial reporting, FCPA (foreign corrupt practices act) advisory, sustainability reporting advisory under GRI standards.

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  PwC Greece

  Nov 2016 - Dec 2017

  Advisory Services | Internal Audit, Risk, Compliance and Regulation | Banking & Financial Services

  Contracted to support the Internal Audit teams of Risk Assurance Services in various risk assurance and advisory engagements.♦ Industry focus: Banking, Financial Services. ♦ Functions served: risk management (credit), compliance, internal audit.♦ Services: assessment of internal control frameworks adequacy, assurance on effectiveness of MiFiD II procedures, documentation and design of internal control policies, internal audit outsourcing, gap analysis of compliance function. Show less

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  EBRD

  Jul 2018 - Jun 2019

  SME Finance & Development Group | Project Management & Advisory

  Hired to support the execution of the country strategy by overseeing and managing the conception, implementation, completion and evaluation of various advisory for small business projects; managing this portfolio of grants as well as contributing to banking business development.Focus areas: ♦ Building and maintaining open and constructive relations with the local business and consulting community, donors and key private sector and government stakeholders.♦ Implementing market development activities. Presenting our activities in public fora.♦ Diagnosing clients' business needs on site, identifying priority areas for business advice or credit support, and helping them apply for the right solution offeringReached and subsequently exceeded the targets set, contributing to the success of the Programme in Cyprus in terms of investing in projects that promoted entrepreneurship and fostered transition towards a sustainable market economy. Show less

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  European System of Central Banks / Eurosystem

  Jun 2020 - now

  Member of the Organisational Development Committee of the European System of Central Banks

  The Eurosystem/European System of Central Banks (ESCB) committees assist the European Central Bank’s decision-making bodies, and contribute significantly to cooperation within the ESCB. As second representative of Central Bank of Cyprus, in both Eurosystem/ESCB and SSM composition, I am contributing and serving our mandate as laid down by the Governing Council, to which the ODC reports via the Executive Board.Member of both the Task Force on Organisational Resilience and Task Force on Project Governance, and contributor in the Eurosystem Inventory of Functions Task Force. Show less

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  Central Bank of Cyprus

  Jun 2020 - now

  Member and Secretariat of the Project Steering Committee (PSC)The PSC is the key decision-making and issue-resolution body for the project. Any significant decisions that may affect the project or the team’s ability to deliver on the objectives will be escalated to the PSC. Approval of key documents, resolution of important project issues or significant change requests will be discussed and decided upon here.Project Manager (PM)Responsible for overseeing the project and monitoring its progress on a daily basis and responsible for delivering high quality results within the identified objectives and constraints, ensuring the effective use of the allocated resources. More widely, the PM's responsibility also includes risk and issue management, project communication and stakeholder management. Show less

  • Head, Organisation and Project Management

    Feb 2025 - now

  • PMO Role: Project TARGET Instant Payment Settlement Manager

    May 2024 - now

  • Strategic Planning & Organisation

    Jun 2019 - Feb 2025

  • PMO Role: Project Strategic Planning 2024-2028 Manager

    Feb 2024 - Jun 2024

  • PMO Role: Project TARGET 2 (T2) - TARGET 2-Securities (T2S) Consolidation Manager

    Jun 2020 - Apr 2023