Emilios Tannousis MCSI, FCCA Appointed New President of CISI Cyprus National Advisory Council

WHY THIS MATTERS

The appointment of Emilios Tannousis as president of the Chartered Institute for Securities and Investment (CISI) Cyprus National Advisory Council highlights a strategic effort to elevate professional and ethical standards within an expanding European financial hub. Cyprus has progressively transformed its economic landscape, shifting from a traditional offshore banking center into a heavily regulated, institutional hub for multi-family offices, asset management firms, and fintech innovation. As cross-border regulatory demands under European frameworks intensify, wealth management jurisdictions face heightened scrutiny regarding compliance, risk governance, and fiduciary responsibilities. Placing an established industry veteran at the helm of the CISI advisory arm in Cyprus underscores the critical need for continuous professional development to ensure local practitioners can navigate complex global markets while maintaining the integrity required to attract sophisticated international capital.

Global educational charity and professional body the CISI (Chartered Institute for Securities & Investment) is delighted to announce the appointment of Emilios Tannousis MCSI, FCCA as president of the CISI’s Cyprus National Advisory Council (NAC).

Emilios previously served as vice president of the CISI’s Cyprus NAC. He has over 25 years of experience in the wealth and asset management industry, with expertise in wealth management and family office advisory for both private and institutional clients. He currently serves as Partner, Wealth Management at Gravity Private Wealth, a European-regulated multi-family office advisory boutique firm serving private families and institutional investors across global financial markets. 

Prior to joining Gravity, Emilios led the Wealth Management Units at Bank of Cyprus, overseeing teams serving private clients, family offices, investment funds, pension funds, insurance companies and other institutional investors. 

He also currently serves on the Board of the Cyprus Investment Funds Association (CIFA) and is a member of the Advisory Board of the European Institute of Management and Finance (EIMF) Master’s programme in Risk and Governance. 

Emilios Tannousis MCSI, FCCA said: “I am honoured to take on the Presidency of the CISI Cyprus National Advisory Council at a time when the financial services industry is rapidly evolving through innovation, digital transformation, and increasing global interconnection

“I look forward to collaborating closely with fellow peers and the Institute in London to further strengthen professional standards, promote ethical leadership, and support the continued development of Cyprus as a growing international financial services centre and as a hub for family wealth and fintech innovation, underpinned by a robust European regulatory framework.” 

Tracy Vegro OBE CISI CEO said: “Our warmest congratulations to Emilios, who has been integral to our Cyprus NAC over the years and continues to be an advocate for CISI and the wider financial services profession. We look forward to supporting him in championing integrity, raising individual standards of knowledge, skills and behaviour. 

“We are also deeply grateful for the outstanding service of Charles Charalambous, Chartered MCSI, Chief Executive Officer, Cyprowealth Group, who will remain with us as the Vice President of Cyprus NAC.”

FF NEWS TAKE

The CISI is leveraging deep regional wealth management expertise to reinforce its educational and ethical footprint across the Mediterranean by promoting Tannousis from his previous role as vice president. Currently serving as a partner at Gravity Private Wealth, a CySEC-regulated multi-family office advisory boutique, Tannousis brings a highly specialized operational background that includes previously leading the wealth management and institutional units at the Bank of Cyprus. His concurrent roles on the board of the Cyprus Investment Funds Association (CIFA) and the advisory board of the European Institute of Management and Finance (EIMF) provide a direct bridge between professional qualification bodies in London and localized regulatory structures in Nicosia. Under the leadership of CISI CEO Tracy Vegro, this organizational transition, which also retains Charles Charalambous as vice president, positions the institute to accelerate the adoption of standardized certifications, helping Cyprus strengthen its competitive standing as a transparent and compliant destination for global family wealth.