ISX Financial EU PLC Welcomes Andreas Artemiou as Chief Risk Officer

In a significant move to bolster its risk management framework, ISX Financial EU PLC (ISXX) has officially announced the appointment of Andreas Artemiou as its new Chief Risk Officer (CRO). This strategic appointment comes as ISXX, a licensed Electronic Money Institution (EMI) approved by the EEA and the Central Bank of Cyprus (CBC), aims to enhance its operational resilience amidst an evolving financial landscape.

A Wealth of Experience in Risk Management

Andreas Artemiou brings to ISXX a sterling record of leadership and expertise in risk management, specifically in navigating the complexities of financial regulation, credit risks, and non-financial threats. His previous roles include being an executive committee member at AstroBank Public Company Limited and Cynergy Bank, along with valuable experiences at the Bank of Cyprus. Through his extensive background, Artemiou has developed a well-rounded skill set in capital management and data governance, which are crucial in a rapidly changing banking environment.

Mr. Artemiou's hands-on experience includes formulating and executing robust risk management strategies, translating regulatory demands into practical frameworks, conducting stress tests, and fostering efficient integration of risk management practices across various business functions. This diverse experience positions him ideally to enhance the risk profile of ISXX while ensuring compliance with stringent regulatory standards.

Commitment to High Standards

Nikogiannis Karantzis, CEO of ISXX, expressed his enthusiasm about Artemiou’s appointment, stating, "We are thrilled to welcome Andreas as our new CRO. His profound knowledge in banking, regulation, and risk management will be invaluable as we continue to grow our operations while upholding the highest standards of risk discipline and compliance."

The nominee’s role includes managing credit risk, non-financial risks, cyber threats, and chargeback management, each an essential component of ISXX's risk governance strategy. His leadership will collaborate closely with the board of directors, senior management, and regulatory authorities to streamline ISXX’s risk governance framework and support the company’s long-term growth objectives.

A Vision for the Future

In his own words, Mr. Artemiou expressed, "I am excited to join ISXX at such a pivotal time in its development. Effective risk management is essential for supporting innovation and sustainable growth. I look forward to working with the leadership team and the board to further enhance our risk framework while enabling the company to achieve its strategic goals."

ISX Financial EU PLC continues to make significant investments in governance and leadership as it expands its suite of digital financial services. The addition of Andreas Artemiou as Chief Risk Officer underscores the firm’s unwavering commitment to rigorous regulatory compliance, sound risk management, and long-term stability.

About ISX Financial EU PLC

ISX Financial EU PLC is a leading banking technology company that leverages its proprietary technology to offer tailored financial services to businesses within the European Economic Area and the UK. Its unified payment infrastructure provides comprehensive end-to-end capabilities in transactional banking services, payments, currency exchange, money transfers, and payment processing solutions. More information can be found on their official website at www.isx.financial.