Xryma Plc Nominates Former Cyprus Finance Minister Constantinos Petrides as Chairman
Xryma Plc has announced the nomination of Constantinos Petrides as Independent Non-Executive Chairman of its Board, pending regulatory approval from the Central Bank of Cyprus. This appointment follows the resignation of Christakis Taoushanis in September 2026 and is part of a broader board renewal process to comply with new governance directives for electronic money institutions. Mr. Petrides brings significant expertise in European financial policy, having served as the Minister of Finance for the Republic of Cyprus and as a member of the Eurogroup. His appointment aims to strengthen Xryma's governance as the company expands its role in real-time payment infrastructure, including its direct participation in the Eurosystem's T2 settlement system and upcoming UK Faster Payments services via its subsidiary, ISX Financial UK Ltd.
Topics: Banking Technology Board Appointment Chairman Change Regulatory Approval