Mr Loizou started his career in 1983 as an Audit assistant at Drasner & Angelides Certified Public Accountants in New York where he worked up to 1985 when he became the Financial Controller of V.I.M. Waterproofing and Restoration Corp. in New York. In 1987 he joined David Drasner CPA, New York as an Audit Manager up to 1989 when he moved to Akelius Insurance Ltd, Cyprus. He became a member of the Board of Directors in 1991 and President in 1994. In 1997 he was appointed as the Vice President and Head of the Investment Committee of Dodoni Investment Company (Public) Cyprus. Mr Loizou remained with Akelius up to 2004 when he became the Non-Executive Chairman of Printaform Company Ltd until October 2014. He was the Non-Executive Chairman of Ancoria Insurance Public Ltd and served as Executive Chairman between 2007- 2014.
Mr Loizou holds a BA in Accounting and Information Systems and Economics at Queens College New York and an MBA in Financial Analysis at The Bernard M. Baruch College of the City University of New York. He is a Certified Public Accountant (CPA) in the States of Colorado and New York and a Certified ISO consultant.
At the beginning of January 2015, Mr Yiannis 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.
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.
