Disciplinary Committee

The Disciplinary Committee is composed by the Chairman and two other members. The Chairman of the Disciplinary Committee is either a former judge who has held at least the position of the President of a District Court or a lawyer qualified for appointment as a Judge of the Supreme Court. One member of the Disciplinary Committee, in addition to the aforementioned, comes from any profession other than legal or auditing. The second member of the Disciplinary Committee, in addition to the aforementioned, is a person not practicing the profession, with audit experience and training. The term of office for the members of the Disciplinary Committee is four (4) years, with the possibility of reappointment for only one additional four (4) year term.

The Disciplinary Committee consists of:

  • To be announced soon
  • Maria Kapardi, Associate Professor of Accounting at the Cyprus University of Technology (TEPAK)
  • Achilleas Chrysanthou, former Auditor

Curriculum Vitae of the members of the Disciplinary Committee of the CyPAOB

Maria Kapardis

Dr. Maria Krambia-Kapardis holds a Ph.D. from Edith Cowan University in Australia and is a Professor of Accounting specializing in Forensic Accounting at the Cyprus University of Technology. She has served as the Head of the Department of Hotel and Tourism Management, as well as the Associate Dean of the School of Management and Economics at the same university. Before returning to Cyprus, she held an academic position at a university in Melbourne, Australia. Dr. Krambia-Kapardis was a founding member and the first president of ‘Transparency International-Cyprus’ (2010-2017), as well as the founder and first chair of the ‘Economic Crimes and Forensic Accounting’ committee of the Institute of Certified Public Accountants of Cyprus (ICPAC) (2010-2014). Additionally, she served for several years as a member of the disciplinary committee of ICPAC, a national expert for the European Commission on corruption issues, and has contributed her expertise to combat economic crime at the European level. She is a Fellow Member of the Institute of Chartered Accountants of Australia and New Zealand and a Certified Fraud Examiner (USA). Dr. Krambia-Kapardis has also been a Visiting Scholar at the universities of Cambridge (UK), Girona (Spain), and Victoria University (Melbourne, Australia). In 2015, she won two global awards for her publications in the corruption field, and in 2017, the Gold Business Magazine named her one of the 100 most powerful and influential women in Cyprus. In June 2019, the Association of Certified Fraud Examiners awarded her the international Community Outreach Award for her contributions to reducing corruption and collusion in her country. In December 2019, she was awarded the international ACE Award, Sheikh Tamim Bin Hamad Al Thani International Anti-Corruption Excellence Award in the Academic Research and Education category.

Dr. Krambia-Kapardis has published several books, articles in scientific journals, and book chapters in the fields of economic crime, corruption, ethical behavior, corporate social responsibility, corporate governance, gender issues in business, and business ethics. Her most recent book was published in 2019 by Palgrave Macmillan, titled 'Financial Compliance: Issues, Concerns and Future Directions.' Dr. Krambia-Kapardis has conducted numerous studies funded by European research programs as well.

Achilleas Chrysanthou

Mr. Achilleas Chrysanthou was appointed by the Council of Ministers on November 15, 2021, as a member of the Disciplinary Committee of the CyPAOB. He is a member of the Institute of Certified Public Accountants of Cyprus (ICPAC) and a Fellow member of the Institute of Chartered Accountants in England and Wales ICAEW. He is a graduate of the Grammar School and holds an accounting diploma from the City of London Polytechnic, UK. From 1980 to 1984, he worked at Moore Stephens & Co in London, where he obtained the professional qualification of Chartered Accountant (ACA) from the Institute of Chartered Accountants in England and Wales (ICAEW). In November 1984, after returning to Cyprus, he joined the audit department of PriceWaterhouseCoopers (PwC), and after a series of promotions, in 1999 he was promoted to the position of Director, a position he held until his retirement in June 2019.

At PwC, Mr. Chrysanthou managed, as an accountant/auditor, a large portfolio of local and multinational clients operating in the insurance and banking sectors, financial services, as well as in the construction and retail sectors. He gained significant experience and expertise in auditing financial statements and providing related services to listed and private companies.

He was responsible for planning and effectively executing the relevant audits of his clients' financial statements and providing highest quality services to clients. He was also responsible for the smooth operation of his department, contributing to the achievement of the audit firm's goals and objectives. He was also responsible for the training, guidance, development, and evaluation of his team members.

He participated in various internal committees of the audit firm, such as the Technical Team of International Accounting Standards and the Personal Data Protection Committee. He also participated in delivering various audit, accounting, and other internal seminars to PwC staff.

Another area of expertise he possesses is his long experience in PwC's Internal Quality and Risk Management department, with primary responsibility being the continuous compliance of the firm with International Quality Standards as well as the control and enhancement of the system of internal procedures and controls, including PwC's external audits by relevant Bodies and Authorities.

On May 15, 2020, he was appointed as a non-executive director at The Central Insurance Company Limited.

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