Mr. Panos Prodromides is a graduate of The English School in Nicosia (1991). He subsequently attended the University of Manchester and obtained a degree in Economic and Social Studies with distinction. He completed his postgraduate studies in Management (MSc) at the London School of Economics and Political Science, also with distinction.
He began his career at the audit firm Arthur Andersen in London (1997 - 2001) and then worked at Lefkoniko Stock Exchange Ltd (2001-2003) as a Research Manager for derivative securities on the London and German stock exchanges. Returning to Cyprus, he worked at Deloitte Limited (2003-2009) as a Senior Manager dealing with statutory audits' matters and the related procedures for a clientele of over 200 companies. He later became the Head of the Audit department and responsible for external audits at Nexia Poyiadjis (2009-2011), and he subsequently served as a Managing Partner at A. Panayiotou & P. Prodromides Ltd (2011-2015) in the Audit department.
In October 2015, he was appointed as an Audit Quality Reviewer, conducting quality inspections on behalf of the CyPAOB, being responsible for the inspection of procedures at the audit firm level in audit firms that sign audit reports for statutory audits of financial statements of public interest entities (PIEs) as well as for inspections of PIEs' audit files. In addition, he was responsible for the inspection of the recognized body of auditors in Cyprus regarding the tasks assigned to it by the CyPAOB according to the Delegation Agreement, as well as the preparation of reports of findings and the presentation of them to the Board of Directors.
He is a member of the Institute of Certified Public Accountants of Cyprus and an Associate member of the Institute of Chartered Accountants in England and Wales (ICAEW). He represents the CyPAOB on various committees of the Committee of European Auditing Oversight Bodies (CEAOB) such as CEAOB Inspections Sub-Group Organizing Committee, International Auditing Standards Sub-Group, Enforcement Sub-Group and is also a member of the KPMG, EY, and Deloitte Colleges. Furthermore, he is an active member of the Emerging Working Group of the International Forum of Independent Audit Regulators (IFIAR).
On June 18, 2024, Mr. Panos Prodromides was elected as the new Chair of the Committee of European Auditing Oversight Bodies (CEAOB) for a four-year term starting on July 12, 2024.