ACEMPI Afternoon Event

Constantinos Herodotou is the Governor of the Central Bank of Cyprus (CBC) and a member of the Governing Council of the European Central Bank. Previously he served as an Executive Director at the CBC’s Board of Directors (2017-2019). He also held the position of the Commissioner of Privatisations in Cyprus (2014-2017). Before moving to Cyprus in 2014, most of his career was in investment banking at UBS Investment Bank in London, where he rose through the ranks to head concurrently two sectors: Shipping for Europe, Middle East and Africa and simultaneously Infrastructure & Concessions Advisory / Project Finance for Central & Eastern Europe. He has advised governments and global conglomerates on major financial transactions and strategy, totaling a value of over €50 billion. His experience includes among others structuring and heading complex negotiations, mergers and acquisitions, project concessions, listing companies on stock exchanges (NASDAQ and NYSE), structuring and raising equity and debt, corporate and financial restructurings and project finance. Constantinos Herodotou holds an MBA from London Business  School and a BSc in Economics from University College London.

Ioannis Georgoulas is a certified board director with a specialization in banking from INSEAD and holds professional certifications in banking and green & sustainable finance from the Chartered Banker Institute. He has founded several companies in the fields of corporate communications and technology, and specializes in corporate governance, regulatory frameworks for financial services firms, and emerging technologies. He has served on the Board of the Cyprus Securities and Exchange Commission, appointed by the Council of Ministers. He is currently an independent non-executive director at EcommBX, Société Générale Bank Cyprus, FXCM (a subsidiary of Jefferies Group), and TFI Markets. He is Chairman of the Cyprus Association of Electronic Money and Payment Institutions (ACEMPI) and a board member of the Cyprus–U.S. Chamber of Commerce. He has served on various boards in the private sector and in charitable organizations, and is an alumnus of the International Visitor Leadership Program (IVLP) of the U.S. Department of State. He holds an MBA, a BSc in Business Information Systems, and a Diploma of Higher Education in Computer Sciences.

Patrick Papsdorf is Head of the Payments Oversight Section in the Directorate General Market Infrastructure and Payments (DG-MIP) at the European Central Bank. He has more than 20 years experience in central banking and financial market infrastructure matters. His current responsibilities cover the oversight activities related to payment systems, payment schemes and arrangements as well as the broader payments ecosystem, including payment innovations and cyber resilience. Patrick participates in several workstreams at international level. Prior to his oversight responsibilities, Patrick was Adviser to DG-MIP’s division that manages and operates the Eurosystem’s TARGET services. He led the development of the data analytics function and was lead expert for business continuity and crisis management. Earlier positions include a commercial bank, the Deutsche Bundesbank and the Federal Reserve Bank of New York. Patrick holds the official recognition as bank officer in Germany, a BA from the University of the Deutsche Bundesbank, and an MA in Global Management.

The Association of Cyprus Electronic Money and Payment Institutions Cyprus (ACEMPI) supports the successful development of the electronic money sector in Cyprus, by examining and analyzing all industry related matters and their impact on the institutions individually and collectively. The role of the Association is not only to promote the sector, but also to protect and represent its members’ rights and professional interests. Membership of ACEMPI is open to all Electronic Money Institutions & Payment Institutions licensed by the Central Bank of Cyprus to operate in Cyprus.