Michael Ioannou is the co-founder partner of Ioannou & Theodoulou Ltd from the early nineties to the current date. He is currently one of the two Partners of the firm. Michael’s responsibilities include managing/directing the Tax, Accounting and Banking Services section as well as offering professional advice to a variety of multinational clients.
His professional approachable manner and his ability to deliver business advice in an unambiguous way together with his extensive tax knowledge are his strongest traits. Using his excellent communication skills and his vast experience in the field of Tax Structures and Planning and negotiation of loan syndicates he can provide all clients tax advice and compliance based on their needs or wants. In addition, he advises many Cypriot and international business corporations and especially companies of Russian interest on a range of issues, such as investments in Cyprus and abroad, mergers and acquisitions, and complex commercial transactions.
Michael’s area of specialty includes business development. His drive and determination has always been a driving force behind generating new business.
He has been recently elected as a European Board member of Morison KSi organization and he was also a member of the board of various private companies and listed public companies in the Cyprus Stock Exchange and AIM market in London.
Outside of work, Michael has been married and has two sons, He enjoys reading, travelling and outdoors activities.
Telephone: +357 22050650
He has extensive experience in statutory and regulatory audit services and he is the Head of the Audit and Assurance Department of the firm. He is also acting in his capacity as the compliance officer of the firm for the Anti Money Laundering Legislation.
He possesses vast tax knowledge and experience, and seeks to understand both the tax and commercial pressures affecting clients so as to offer his advice accordingly. He applies his broad technical knowledge in a clear and coherent way to provide clients with the advice and compliance service that they want and need.
Christos has been a member of the Board of Directors for a number of private and public listed companies over the years, and he is very well acquainted with the corporate compliance legislation. On a number of them he was elected as the Chairman of the Boards.
Outside work Christos enjoys spending as much time as possible with his grandchildren and he is a mad football lover. He likes travelling and enjoys good company with a fine bottle of wine.
In terms of advisory he has been involved in financial due diligence for mergers and acquisitions, advising clients with regards to cash flow budgets/forecasts and performing limited scope reviews on financial information for debt restructurings/new loan requirements of companies. He is also involved in projects for identifying operational processes inefficiencies and recommending necessary improvements. Furthermore Theo is an expert in the UEFA/FIFA financial fair play and is also an excellent user of the SAP online portal system of UEFA offering advisory services to one of the biggest football clubs in Cyprus.
His technical experience at ITH includes the introduction and development of the audit methodology of the firm (CCH Audit Automation), ensuring compliance with the ICPAC cold reviews.
Outside of work, Theo is a passionate cook and loves travelling to experience new cultures and cuisines.
Telephone: +357 22050630
Allocating his time between the audit and tax advisory departments, he is in a position to appreciate not only the commercial pressures but also the tax issues affecting clients thereby advising them accordingly. Most of his clientele entails SMEs and sole practitioners in various industries with potential issues discussed for both the business, as well as its owners as individuals based on their personal situation. He is also responsible for the preparation of newsletters for clients informing them about tax legislation changes.
He was on the forefront of the implementation and update of CCH Audit Automation methodology (audit software) to best fulfil the needs of the Cyprus market. He is now training professionals from other audit firms on the use of CCH tailoring it to best meet their needs.
He is a member of ICAEW and ICPAC after obtaining his BSc in Accounting and Finance from the London School of Economics and Political Science (LSE). He is also a member of ICPAC’S Listed Companies and Capital Markets Committee. Outside of work, Gabriel is interested in sports and predominantly football and enjoys reading health related articles/books and travelling.
Ioanna Theodoulou, is a BSc graduate from Kingston University and holds an MSc degree in Human Resources Management. She is also a member of the Association of Chartered Certified Accountants and a member of the Institute of Certified Public Accountants of Cyprus.
She joined the firm in 2008 working as an accountant during which she was widely exposed with working with both local and international clientele. Throughout her professional career she was also involved in a variety of both audit and non-audit engagements.
Today, her main focus in ITH is the setup and management of the firm’s HR Department. She has extensive experience in recruitment and dealing with various HR related tasks; including employee performance appraisals, HR strategy, payroll, training seminars and more.
Furthermore, during the last two years she has been a member of the firm’s compliance team and is in charge for the setup and implementation of the AML policies and procedures, installation of new AML software, input data and records update and dealing with general compliance inquiries.
During her free time, she enjoys spending time with her family. Additionally, she loves travelling, cooking and reading books whenever she can spare some time from her parenting duties.
Telephone: +357 22050505
Savvas Ioannou is a Bachelor of Art graduate from Middlesex University in Accounting and Finance. He is currently a student member of the Association of Chartered Certified Accountants starting from January 2018.
He joined the firm in 2017 working as an accountant in the accounting department. At an earlier age, it was his pleasure to help others by participating in the Blood Donations activities organized by the Red Cross as well as helping in the fundraising campaign of the Cyprus Anticancer society.
During his free time, he enjoys playing and watching football with friends. Furthermore, he loves going to the gym, travelling and socializing with friends whenever he has free time.
Telephone: +357 22050512
Stella Kyriakou, as an administration manager at Ioannou & Theodoulou Limited with over 20 years’ experience in the field, is recognized by management for her passion and commitment towards work as well as her drive to excellence.
She works closely with partners, senior management and staff to provide the “back office” support which is essential for the smooth running of the firm. Important aspects of her work include liaising with clients, staff, suppliers for all matters and invoicing and credit control. Clients recognize her for her straightforward and personal approach.
Being one of the of the people involved in the set-up of the payroll department she now advises both staff and clients about payroll issues in both existing and newly set up corporations.
Outside of work, Stella enjoys spending time with her family, cooking, travelling, and reading books.
Telephone: +357 22050506
Angeliki is the head of the accounting department for Ioannou and Theodoulou Ltd. She has worked as an accountant and auditor for more than 30 years and she is with the firm since 2006. She has an extensive experience in accounting services which include gathering information to understand fully her client’s business in order to help them meet the growing demand for enhanced disclosure and accountability. She is also in charge of VAT compliance for all of her clients ensuring their reporting is done on time and as per the relevant regulations. She will advise also on VAT transactions both within the EU and outside EU always liaising with the VAT department in the Ministry of Finance.
Angeliki has considerable sector knowledge in both local and international clients. Outside of work, Angeliki enjoys spending time with her family, travelling and cooking.
Telephone: +357 22050519
Maria Lambi is a member of the Association of Charted Certified Accountants and a member of the Institute of Certified Public Accountants of Cyprus.
She worked as an accountant and auditor for more than fifteen years. She is a senior audit manager at Ioannou and Theodoulou Limited the last five years.
Maria studied business and marketing and continued with professional studies in accounting at the Association of Charted Certified Accountants.
She has an extensive experience in accounting, statutory and regulatory audit services which include gathering information to understand fully her client’s business, internal controls and risk spectrum in order to help them meet the growing demand for enhanced disclosure and accountability.
Maria has considerable sector knowledge in agriculture, retail and construction and works with a wide range of clients, from individuals and small businesses to public companies and multinationals. She utilises her experience to assist clients navigate regulatory complexity and strengthen trust and transparency.
Maria is responsible predominantly for the provision of audit services but is also involved in business advisory, providing her clients the required advice and solution to help them to operate successfully in the business environment. She has experience in financial advisory services which include business plans, feasibility studies, independent business reviews and valuation services.
Outside of work, Maria enjoys spending as much time with her daughter as possible, travelling, visiting theatres and reading books.
Telephone: +357 22050609
Marina has an extensive expertise in dealing with banking sector, specifically opening of bank accounts in various jurisdictions and transaction processing. Marina obtained her Bachelor degree at the ISMA University of Riga, Latvia in 2012, and since then participates on the number of seminars and trainings on various corporate related subjects and Anti Money Laundering seminars yearly.
Telephone: +357 22050608