Makis Keravnos Explained

Makis Keravnos
Native Name Lang:el
Minister of Finance
Term Start:1 March 2023
Term Start2:19 May 2004
Term End2:30 August 2005
Predecessor2:Markos Kyprianou
Successor2:Michael Sarris
Title3:Minister of Labor and Social Security
Term Start3:3 March 2003
Term End3:18 May 2004
Birth Date:18 December 1951
Birth Place:Larnaca, British Cyprus
Party:Democratic Party
Profession:Politician, economist, banker

Iacovos "Makis" Keravnos (el|Ιάκωβος "Μάκης" Κεραυνός; born 18 December 1951) is a Cypriot politician, economist, and banker. A member of the Democratic Party, he has served as Minister of Finance since March 2023. He previously held the position from May 2004 to August 2005, in addition to serving as Minister of Labor and Social Security from March 2003 to May 2004.[1]

Keravnos represented Cyprus in various meetings with the EU Council of Ministers during his first tenure as Minister of Finance, and played a key role in ushering Cyprus into the European Exchange Rate Mechanism in May 2004, marking the initial step that culminated in Cyprus joining the eurozone in January 2008.

From September 2005 to September 2014, Keravnos was the CEO of Hellenic Bank, which was the country's third largest bank at the time. He served as Chairman of the Board of Directors for the Cyprus Broadcasting Corporation from 2006 to 2009. As of October 2018, he has been a non-executive member of the Board of Directors for the Central Bank of Cyprus.

References

|-|-

Notes and References

  1. Web site: Minister of Finance . Ministry of Finance . 7 July 2023 . Nicosia.