| | DECEMBER 202419In 2024, the CEOs landscape in Cyprus shines brightly under the enthusiastic leadership across key industries, finance, technology, shipping, and tourism. The strategic location of Cyprus, which places at the Eastern Mediterranean, will remain the attractive business hub for companies worldwide. This will eventually attract CEOs rooted locally but also cultivated in their business experience internationally. These leaders have played a crucial role in driving the economy, as many of them head both local enterprises and subsidiaries in foreign locales in areas such as financial services, energy, shipping, and real estate. The role of the CEOs in Cyprus has remarkably changed with time. Many CEOs in the country of Cyprus, especially in 2024, are applying changes in the business environment at very high speed, digital technologies, sustainable business practices, and entering international markets. The economic situation of Cyprus has a close proximity with the European Union, allowing the local CEOs to utilize the region's economic policies and access to international markets. This also sometimes requires the balancing of traditional industries such as shipping and tourism with more nascent sectors like fintech and tech start-ups. Leading CEOs are committed to modernizing the infrastructure of Cyprus, developing business-friendly environments, and increasing the desirability of the island as a group-based headquarters for international companies. They are also engaged in furthering Cyprus' role as a regional financial hub, a position that is supported by its tax advantages and has connections to the European market. Corporate governance in Cyprus to a great extent, aligned with international best practices, where most CEOs of big businesses are in support of raising transparency and stronger regulatory frameworks. Most of the leaders in Cyprus focus on green business initiatives and support various social causes. Regarding leadership style, Cypriot CEOs are quite adaptable and resilient. They incorporate local cultural values with international management practices. As the island continues to grow as an international business hub, CEOs of Cyprus will have critical roles in creating the country's economic future, fostering innovation, and widening their global footprints. Focusing on the development of technology, sustainability, and sound economic strategies, CEOs in Cyprus steer the country through the challenges and opportunities in 2024.CEO Insights Asia in this issue presents a list of `Top 10 CEOs in Cyprus - 2024' who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.CEOs IN CYPRUS TOP 102024
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