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Our Board and Managers

Sievert Larsson - Founder of Ancoria Insurance, former Akelius Insurance

Having completed his studies Sievert pursued his professional career as a programmer and IT specialist with the Swedish Ball Bearing Factory SKF, until 1977. With Roger Akelius, Sievert, founded and ran several successful companies, including Ancoria. On 1st July, 2007 Sievert donated all his Ancoria Insurance shares to the Sievert Larsson Scholarship Foundation. All profits from the insurance company were henceforth used for charitable purposes.



John Loizou - Chairman of the Board

John was appointed Chairman of the Board in 2007. He has recently taken the position of Director and Chief Executive Officer of the newly established, Ancoria Bank. Previously, he was Chief Executive Officer for Ancoria Insurance, which he joined in 1989.

John studied at Queens College New York, has a postgraduate degree from The Bernard M. Baruch College of the City University of New York and is a member of the Certified Public Accountant (CPA) Association.


Tasos Anastasi - Member of the Board / Chief Executive Officer

Tasos was appointed as a Member of the Board in 2015 after joining Ancoria as Chief Executive Officer. He has an extensive experience in the financial services sector after holding several positions in the United Kingdom, Greece and Cyprus, mainly in the Wealth Management Industry, since 1999. His latest role was Head of the Business Development Unit for the Wealth Management Division for Eurobank (Cyprus).

Tasos has a Master's Degree in Finance from the London Business School and a BSc in Accounting & Finance from the London School of Economics and Political Science.


Maria Konomou Tzirtzipi - Member of the Board / Vice President / Chief Financial Officer

Maria was appointed as a Member of the Board in 2015 and is with Ancoria since 1996. She holds the position of Chief Financial Officer since 2007 and is the Vice President since 2012. Previously, Maria was Assistant to the Audit Manager at Damianou & Co, BKR International, for 4 years.

Maria is a Certified Public Accountant, and is a member of the American Institute of Certified Public Accountants (AICPA) and the Institute of Certified Public Accountants of Cyprus (ICPAC). She has a BBA in Accounting from Baruch College (The City University of New York).  


Evgenia Christodoulou - Member of the Board

Evgenia was appointed as a Member of the Board in 2014. She holds the position of Director, Deputy CEO and Business Development for Ancoria Bank since November 2014 after being with Ancoria Insurance. Evgenia has worked for Bank of Cyprus Public Co Ltd from 1994 to 2013. Major positions included Head of the Group's Bad Debt Provisions & Provisioning Policy, Assistant Manager of the Bank's Private Banking Unit, Manager of the Bank's Recoveries Division and Regional Manager for the branch and SMEs network of the Larnaca/ Famagusta Districts.

Evgenia is an Associate Chartered Accountant (ACA) of the Institute of Chartered Accountants in England and Wales. Evgenia has a BSc in Economics from the London School of Economics and Political Science.


Andreas Kritiotis - Member of the Board

Andreas, after completing his studies, worked for five years for a multinational company in Germany in a leading position. In 1992 he was employed by Cyprus Development Bank where he worked until May 1996 as a Management Consultant. He then took over the position of General Manager in the life insurance subsidiary of the Bank of Cyprus Group, Eurolife, where he stayed until 2007 with remarkable work. Since 2007 Dr Kritiotis participates in the Board of Directors of various companies and the Insurance Association of Cyprus serving from various positions. From 2012 and until mid-2018 he has served as Chief Executive Officer and Managing Director of the Universal Life insurance company.

Education: BSc in Chemical Engineering, Imperial College of Science and Technology, University of London. Masters of Science (MSc) and Doctor of Philosophy (Ph.D.) in Chemical Engineering, Massachusetts Institute of Technology (MIT).





Antonis Vlachos - IT Manager

Antonis is the IT Manager and he has been at Ancoria since 1999. Antonis, previous employment includes working as a Senior Project Engineer for General Motors Corp. in the United States.

Antonis holds a BSc in Electrical and Computer Engineering from Wayne State University in Detroit, Michigan.





Christis Michaelides - Business Development Manager

Christis has joined Ancoria in 2015 as the Business Development Manager. He has a diverse professional background and has worked in the United States as a qualified Financial Adviser. He has held various managerial positions in Cyprus within financial services, international corporate and fiduciary as well as the telecommunications sectors.

Christis holds a Masters Degree in Marketing and is a member of the Chartered Institute of Marketing. He is currently on the Board of Directors and the VP for Sweden of the Cyprus Nordic Countries Business Association.



Eleni Constantinou - CFA - Product and Institutional Sales Manager

Eleni joined Ancoria in 2014 and currently holds the position of Product and Sales Manager. Eleni comes from a solid banking and investments background and before joining Ancoria she headed the Group Institutional Wealth Management and Treasury Markets for Bank of Cyprus Public Co Ltd.

Eleni is a CFA charterholder. She has a Masters Degree in Financial Mathematics and a BSc (Honours) in Mathematics from the University of Warwick.




Minas Mettas - Sales Manager

Minas joined Ancoria in 2015 and currently holds the position of Sales Manager. Minas has worked in the financial services industry throughout his career and held various positions in Private Banking, Asset Management and Investment Banking both in UK and Cyprus. Prior to joining Ancoria, Minas was a Senior Financial Advisor in Private Banking at Eurobank Cyprus Ltd.

Minas holds an MBA from London Business School with a concentration in Finance and an M.Eng in Information Systems Engineering from Imperial College London. Minas is also a holder of the Advanced Certificate of the Cyprus Securities and Exchange Commission.





Ancoria is an established Insurance Company, founded in 1987. The Company services the saving and investment requirements of an extensive list of international clients by specialising in customised and carefully designed Life Insurance Policies that are underpinned by investment opportunities in a wide range of funds, structured products and equity trading.
Customer service
Phone: +357 22 551 300
Fax: +357 22 498 592
Sweden Toll-Free Number:
0200 110 130
Ancoria Insurance
P.O. Box 23415
1683 Nicosia

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At Ancoria, we believe in investing in children and their education as they are the future of this world. We thus aim to use our strength as a company to provide opportunities to gifted students from disadvantaged backgrounds.