Marios Skandalis has been appointed director general of the Association of Cyprus Banks, marking a significant leadership change within the organisation. He will officially take the helm on January 1, 2026, succeeding Michalis Kammas.
The Association of Cyprus Banks announced Skandalis’ appointment following a thorough selection process conducted by its board of directors over the past few months. Skandalis brings a wealth of experience in the banking sector, with a focus on compliance, organisation, and governance.
His credentials include membership in the Institute of Certified Public Accountants of Cyprus, where he has previously held the position of president. This background positions him well to lead the association as it navigates the complexities of the banking landscape.
Familiarity with the association’s work is another asset for Skandalis, as he has collaborated on numerous initiatives aimed at enhancing the international reputation of Cypriot banks. His involvement in missions to the United States and the European Union has provided him with insights that will benefit his new role.
The outgoing director general, Michalis Kammas, expressed his confidence in Skandalis during an introductory meeting at the association’s offices. Kammas stated, “A very strong team of executives will support the vision and plan that Skandalis will bring with him, ensuring the continuity and progress of the work of the association.”
In response, Skandalis conveyed his enthusiasm for his new position, stating, “I feel blessed to work with such a fantastic team for the wellbeing of Cyprus society and its businesses, further strengthening the resilience of our association and showcasing it as an operating model both nationally and at European level.”
