external auditors — Astrobank has appointed Baker Tilly Klitou and Partners Limited as its external auditors for the financial year 2025 and beyond. This decision comes after a comprehensive audit tender process that met all necessary shareholder and regulatory requirements.
The bank’s management expressed their gratitude for the service rendered by the outgoing auditors, Ernst & Young Cyprus Limited, who have provided their expertise for the past seven years. The board highlighted the importance of their contributions during this period, noting the positive impact they had on the bank’s operations.
The transition to Baker Tilly Klitou is expected to bring a fresh perspective to Astrobank’s auditing processes, aligning with the bank’s goals for improved financial oversight and accountability. This change reflects Astrobank’s commitment to maintaining high standards in governance and transparency.
As the banking landscape continues to evolve, the appointment of new auditors like Baker Tilly Klitou is part of a broader strategy to adapt to changing regulatory environments and enhance operational efficiency. Stakeholders will be keen to see how this new partnership develops in the upcoming financial year.
