CYPRUS: BOCY appoints senior advisor to Chairman Ackermann

Bank of Cyprus has appointed veteran finance expert Michael (Mikis) Hadjimichael as Senior Advisor to Chairman Josef Ackermann.

For the past four years, Hadjimichael was Deputy Director of Capital Markets and Director of Emerging Markets Policy at the Institute of International Finance (IIF), the worldwide association of financial institutions based in Washington DC. His responsibilities included global macroeconomic policy, sovereign debt crisis in the Euro Area and the Greek PSI, and sovereign debt restructuring issues.
Prior to joining the IIF, Hadjimichael had a 28-year career at the International Monetary Fund in Washington DC where he served as Assistant Director in the Policy Development and Review Department (2001-2008) and Office in Europe (1997-2000); as Division Chief and Mission Chief in the African Department (1988-1997), and as economist in the European Department (1981-1998).
He has worked on more than 80 developed, emerging markets and low-income countries in all geographical areas, and has published several research papers on issues related to adjustment in growth in sub-Saharan Africa, and the CFA Franc and the Euro.
Hadjimichael is a graduate of economics from the Kapodistrian University in Athens and holds a PhD in economics from the London School of Economics. He is also accredited as a Certified Financial Analyst.