At the beginning of January 2015, Mr John Loizou was appointed Chief Executive Officer of Ancoria Bank. Mr Loizou served as Chief Executive Officer of Ancoria Insurance from 1989 until December 2014 and still holds the position of Chairman of the Board of Ancoria Insurance.
Mr Loizou 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.
Ancoria Bank with a new philosophy and approach to customer service is expected to begin operations in Cyprus in 2015 with two branches, one in Nicosia and one in Limassol.