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CHAIRMAN

Efstratios-Georgios (Takis) Arapoglou

INDEPENDENT DIRECTOR
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Takis Arapoglou has had an earlier career in International Capital Markets and Corporate & Investment banking based in London and later in managing, restructuring and advising publicly listed Financial Institutions and Corporates, primarily in SE Europe and the Middle East. Most recent executive assignments include: Managing Director and Global Head of the Banks and Securities Industry for Citigroup; Chairman and CEO of the National Bank of Greece; CEO of Commercial Banking at EFG-Hermes Holding SAE. He is currently holding the following non-executive board positions: Chairman of Bank of Cyprus Group, Chairman of Tsakos Energy Navigation (TEN) Ltd and non-executive Board member of EFG-Hermes Holding SAE. He has degrees in Mathematics, Engineering and Management from Greek and British Universities.

VICE CHAIRMAN

Kyriacos Riris

INDEPENDENT DIRECTOR
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Kyriakos Riris completed his high-school education in Cyprus, before continuing his higher education and professional qualifications at Birmingham Polytechnic. He completed his professional exams with the Association of Certified Chartered Accountants (ACCA) in the UK in 1975, becoming a Fellow of the Association of Certified Accountants in 1985. Since 1976 he has worked mostly in Greece. He was a member of the Executive Committee of PwC Greece and became a Partner in 1984. His responsibilities have included that of Managing Partner of the Audit and the Advisory/Consulting Departments respectively, and later Deputy Territory Senior Partner. In 2009, he was elected as Chairman of the Board of PwC in Greece, retiring from that position in 2014. With a career spanning some 40 years, Kyriacos has accumulated vast experience with both domestic and multinational entities in a variety of sectors and industries, including manufacturing, shipping, commerce, food & beverages, construction, pharmaceuticals, financial services, and information systems.

MANAGING DIRECTOR & GROUP CFO

Michael Colakides

EXECUTIVE DIRECTOR
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Michael Colakides started his career at Citibank Greece where he worked for fourteen years and over time held the positions of Head of FIG and Head of Corporate Finance and Local Corporate Banking (1979–1993). In 1993, he was appointed Executive Vice Chairman at the National Bank of Greece responsible for the Corporate and Retail Banking business, domestic and international branch network, Chair/member of senior committees. In 1994, he joined TITAN Cement Company S.A., where he held the position of Group CFO and executive member of the Board until 2000. He was also responsible for a number of cement company acquisitions in Southeast Europe, Egypt and the U.S.
From 2000 to 2007, he served as Vice Chairman and Managing Director at Piraeus Bank S.A. overseeing the domestic Wholesale and Retail Banking business, as well as the group’s international network and activities. In 2007, he joined EFG Eurobank Ergasias S.A. assuming the position of Deputy Chief Executive Officer –Group Risk Executive Officer (2007–2013) overseeing the risk management functions of the Group in Greece and abroad. In January 2014, he returned to TITAN Cement Group assuming the position of Group CFO and executive member of the Board of Directors. In July 2019 he was also appointed to the position of Managing Director of Titan Cement International SA. As of November 2021, he is non-executive Chairman of Alpha Bank Cyprus. He holds a BSc in Economics from the London School of Economics and an MBA from the London Business School.

 

William Antholis

INDEPENDENT DIRECTOR
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William Antholis is director and CEO of the Miller Center, a nonpartisan affiliate of the University of Virginia that specializes in presidential scholarship, public policy, and political history. From 2004 to 2014, he was Managing Director of the Brookings Institution. He has also served in government, including at the White House’s National Security Council and National Economic Council, and at the U.S. State Department’s policy planning staff and bureau of economic affairs. He has published two books, as well as dozens of articles, book chapters, and opinion pieces on U.S. politics, U.S. foreign policy, international organizations, the G8, climate change, and trade. He earned his Ph.D. from Yale University in politics (1993) and his BA from the University of Virginia in government and foreign affairs (1986).

 

Andreas Artemis

INDEPENDENT DIRECTOR
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Andreas Artemis has been an executive member of the Board of Directors of Commercial General Insurance Group since 1985 and Chairman since 2002. He is also a member of the Board of Directors of the Cyprus Employers and Industrialists Federation, as well as of the Council of the Cyprus Red Cross Society. He has served as member of the Board of Directors of the Bank of Cyprus Group (2000-2005), Vice-Chairman (2005-2012) and Chairman (2012-2013). He has also served as member of the Board of Directors of the Cyprus Telecommunications Authority (1988-1994) and as Honorary Consul General of South Africa in Cyprus (1996-2012).  He studied Civil Engineering at the Queen Mary and Imperial College of London University and holds a BSc (Engineering) and a MSc degree.

 

Harry David

INDEPENDENT DIRECTOR
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Harry David earned his BS from Providence College and began his career as a certified investment advisor with Credit Suisse in New York. He then served in several executive positions within Leventis Group Companies in Nigeria, Greece and Ireland. Today he serves as the Chairman of Frigoglass S.A. and as member of the Board of A.G. Leventis (Nigeria) PLC, the Nigerian Bottling Company Ltd, Beta Glass (Nigeria) PLC, Frigoglass Industries (Nigeria) Ltd, Pikwik (Nigeria) Ltd (a joint venture with Pick n Pay, South Africa). He is a member of the TATE Modern’s Africa Acquisitions Committee. Has served on the Boards of Alpha Finance, Greece’s Public Power Corporation and Emporiki Bank (Credit Agricole).

 

Natalia Nicolaidis

independent director
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Natalia Nicolaidis brings to Board a unique risk management combination in governance, regulatory and legal matters. Based in New York and London during her 30-year career, she advised on international transactions, projects and high-level regulatory relationships. Natalia worked in Credit Suisse for 24 years where she served as global General Counsel for the Investment Banking & Capital Markets Division. Prior to that she was the Head Risks & Controls for CS’s Investment Banking Division. Her work in private practice in New York law firms from 1991 to 1996 focused on corporate finance. Currently she holds the following non-executive positions: Non-Executive Director of Aegean Airlines SA, where she chairs the Remuneration & Nominations Committee and Sustainability Committee, Non-Executive Director of Mytilineos SA, where she serves on the Sustainability Committee and Non-Executive Director of SMCP SA, a French-listed company where she is member of the M&A Committee. She graduated in Economics from Yale University and has advanced degrees in Law (Juris Doctor) and International Affairs (Masters) from Georgetown University and in European Union Law from the College of Europe (Bruges, Belgium).

 

Leonidas Canellopoulos

EXECUTIVE DIRECTOR
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Leonidas Canellopoulos is the Chief Sustainability Officer of TITAN Group. He is also responsible for Group Corporate Affairs. Since 2012, he has covered various roles within the Group’s Finance and Strategic Planning functions and has served as Cement Operations Director of the Group’s Greek Region. Prior to that, he worked for Separation Technologies LLC. He is a member of the BoD of the Foundation for Economic and Industrial Research (ΙΟΒΕ) and of Junior Achievement Greece. He holds a BA in Economics with Honors from Harvard University and an MBA from INSEAD, where he received the Henry Ford II Prize.

 

Lyn Grobler

INDEPENDENT DIRECTOR
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Lyn Grobler is an experienced executive with a strong track-record in technology and IT roles.  She was appointed Group Chief Information Officer (CIO) at Howden Group Holdings (formerly Hyperion Insurance Group) in 2016. Prior to this she was Vice-President and CIO Corporate Functions at BP where she led the transformation of both the organization and the digital landscape through introducing sustained change in process, capability and technology, having held a variety of roles across IT and global trading over 16 years. She is also Vice-Chairperson of Bank of Cyprus. Before BP, Lyn Grobler managed large scale global technology projects and strategies within banking and trading based in both London and South Africa. She holds a Higher National Diploma in Computer Systems from Durban University in South Africa and a National Diploma in Electronic Data Processing from Cape Peninsula University (South Africa).

 

Υanni Paniaras

EXECUTIVE DIRECTOR
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Yanni Paniaras studied Civil Engineering at Imperial College (BSc, MSc) and Business Administration at INSEAD (MBA). He started his career at KNIGHT PIESOLD, an international mining and engineering consultancy headquartered in London. Between 1998 and 2015, he held senior management positions in Greece and Germany in S&B Industrial Minerals Group and – in 2015 – in its new parent company, IMERYS. He concluded his term there as Vice President of the former S&B Division and Managing Director of S&B Industrial Minerals S.A. In January 2016, Yanni Paniaras joined the management of TITAN Group, where he is leading, since 2020, its European business as well as Group Sustainability.  From 2016-2021 he served as Chairman of the SEV Business Council for Sustainable Development.

 

Dimitri Papalexopoulos

EXECUTIVE DIRECTOR
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Dimitri Papalexopoulos started his career as a business consultant for McKinsey & Company Inc. in the USA and Germany. He then joined TITAN in 1989 and in 1996 he assumed the position of Chief Executive Officer. He is Chairman of the Board of the Hellenic Federation of Enterprises (SEV), Vice-Chairman of the European Round Table for Industry (ERT) and chairs the ERT’s Energy Transition & Climate Change Committee. He is a member of the Board of the Foundation for Economic and Industrial Research (IOBE), the Hellenic Foundation for European and Foreign Policy (ELIAMEP) and of Endeavor Greece. He holds a M.Sc. in Electrical Engineering from the Swiss Federal Institute of Technology (ETHZ) and an MBA from Harvard Business School.

 

Alexandra Papalexopoulou

EXECUTIVE DIRECTOR
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Alexandra Papalexopoulou is the Deputy Chair of the Group Executive Committee, with direct oversight of Group Strategy and Business Development, Trading, Legal and the Group’s operations in the Eastern Mediterranean. Her career began as an analyst for the Organization for Economic Co-operation and Development (OECD) and later as an associate at the consulting firm Booz, Allen & Hamilton in Paris in the 1990s. Joining TITAN Group in 1992, she started out in trading, subsequently moved to business development and then headed Strategic Planning. She is a non-executive director of Coca-Cola HBC, a FTSE 100 company, an independent, non-executive director of Aegean Group, a member of the Board and Treasurer of the Paul & Alexandra Canellopoulos Foundation, and serves on the Board of Trustees of INSEAD Business School. She holds a BA in Economics from Swarthmore College, USA, and an MBA from INSEAD, France.

 

Theodora Taoushani

independent director
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Theodora Taoushani is an advocate, member of the Cyprus Bar Association and a Partner in Lellos P. Demetriades Law Office LLC. She specializes in matters of Corporate/Commercial Law, Corporate Finance and Insurance law. She started her career in Greece in the insurance industry and on her return to Cyprus she was employed by the LAIKI GROUP from 1987 to 2007, serving from various positions in Laiki Insurance (now CNP) and then as head of the Group’s Legal Services Department with responsibility and supervision of the Group’s legal function. Currently she serves as Executive Director in the Board of Directors of Lellos Demetriades law firm as of 2014. She also holds the following non-executive directorships: TDE OVERSEAS LIMITED appointed in 2016, YELLOW DOT LIMITED appointed in 2016 and INTERCHANGE GROUP appointed in 2014. She holds a law degree - BA (Hons) (1980) from Keele University and a Master in Laws - LLM (1981) from the London School of Economics. Theodora Taoushani is often invited to speak at anti-money laundering conferences and is also the office’s liaison with the ADVOC network of European lawyers.

 

Dimitris Tsitsiragos

INDEPENDENT DIRECTOR
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Dimitris Tsitsiragos has over 30 years of extensive international experience in emerging markets finance across industries, sectors and products. He started his career in 1985 in New York as a corporate bond evaluator at Interactive Data Services, Inc (former subsidiary of Chase Manhattan Corporation). In 1989, he joined the International Finance Corporation (IFC), a member of the World Bank Group as an Analyst and retired in 2017 as Vice President, leading IFC’s global business operations and stakeholder relations with a global network of governments, financial institutions and private sector clients. He also chaired IFC’s Corporate Credit Committee. During his progressive career at the institution, he held the following positions: Vice President, Europe, Central Asia, Middle East and North Africa (EMENA) (2011-2014) based in Istanbul; Director of Middle East, North Africa and Southern Europe (MENA) (2010-2011) based in Cairo; Director of Global Manufacturing and Services Department (2004-2010); Director of South Asia (2002-2004) based in New Delhi; Manager, New Investments, Central & Eastern Europe (2001-2002); Manager Oil & Gas (2000-2001) and held a number of investment positions in the same unit (1989-2001). From 2018 to 2022, he served as Senior Advisor, Emerging Markets at the Pacific Investment Management Company (PIMCO). Currently, Dimitris Tsitsiragos also sits on the Board of Alpha Bank (Greece) as an independent director. He holds an MBA from the George Washington University and a BA in Economics from the Rutgers University. He has also attended the World Bank Group Executive Development Program at Harvard Business School.

 

Bill Zarkalis

EXECUTIVE DIRECTOR
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Bill Zarkalis, in addition to his responsibilities as President and CEO of Titan America LLC and Chairman of Separation Technologies (STET) since 2014, has assumed the broader leadership role of Group Chief Operating Officer (COO) and oversight of joint venture Apodi in Brazil.
He is a business executive with an international career, having led diverse global teams across all continents while located mostly in the USA and Switzerland. He dedicated 19 years to Dow Chemical Co., where he started in commercial posts, growing in experience through a fast succession of marketing and product management responsibilities, culminating into global business-unit leadership roles. Among others, he served as Vice President of Dow Automotive, M&A Leader for DuPont-Dow Elastomers, Global Business Director for Specialty Plastics & Elastomers, and Global Business Director for Synthetic Latex. He joined TITAN in 2008 as Group Executive Director for Business Development and Strategic Planning. In 2010 he became the TITAN Group Chief Financial Officer, where he served until 2014 before moving into his current role leading Titan America. He holds a BSc in Chemical Engineering from the National Technical University of Athens and a MSc. from the Pennsylvania State University.

 

Mona Zulficar

INDEPENDENT DIRECTOR
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Mona Zulficar is one of the founding partners of Zulficar & Partners Law Firm, a specialized law firm, which has become one of the best ranked law firms in Egypt since it was established in June 2009. She was previously senior partner at Shalakany Law Firm, serving as Chair of its Executive Committee for many years. She is recognized in local and international legal circles as a precedent’s setter and one of Egypt’s most prominent corporate, banking and project finance attorneys. As an M&A and capital markets transactions specialist, she has led negotiations on some of Egypt’s and the Middle East’s largest and most complex successful transactions over the past three decades. Mona Zulficar has also played an instrumental role in modernizing and reforming economic and banking laws and regulations as a former member of the board of the Central Bank of Egypt and as a prominent member of national drafting committees. She is also a leading human rights activist, recognized locally and internationally and has initiated several successful campaigns for new legislation including women’s rights, freedom of opinion and family courts. She served as VP of the Constitutional Committee of 50 and played a key role in drafting the 2014 Egyptian Constitution and is currently member of the National Council for Human Rights. She has served as Non-Executive Chairperson of EFG Hermes since 2008. In 2015, she was elected President of the Egyptian Microfinance Federation and has been chairing several NGOs active in providing social development and microfinance to poor women. Internationally, she served as elected member of the international Advisory Committee of the United Nations Human Rights Council for two terms, ending in 2011. She holds a Bachelor of Science in Economics and Political Science from Cairo University and an LL.M. from Mansoura University, as well as an honorary doctorate degree in law from the University of Zurich.