George Shambartas

Director of Finance, Limassol

T: +357 25 110179 |  [email protected]

• Accounting, Finance, Tax



George is a member of the Association of Chartered Certified Accountants (ACCA) since 2010 and Fellow member since 2015, a member of the Institute of Certified Public Accountants of Cyprus (ICPAC) since 2012 and a certified member in the public register of the Cyprus Securities and Exchange Commission since 2019. He is a graduate of the University of Essex (2006) with a major in Accounting & Finance (BA) and he also holds a postgraduate degree in International Finance (MSc) from the same university (2007).

He is a comprehensively educated and collectively experienced qualified accountant with a demonstrated career history in high demanding professional environments, with extensive knowledge and insights of the Cyprus corporate financial market in its international perspective. Risk mitigation and tax optimization driven, with a pleasant personality acting with integrity and confidentiality above all, with a clear goal to resolve problems, improving processes and contribute effectively to the development of the organisation.

George, carries a “can do” mindset and he is dedicated to a continues professional education and development plan, attending all relevant learning and development seminars, in line with the requirements of ICPAC and CYSEC.

Currently, he is a member of the Corporate Governance and Business Ethics Committee of ICPAC and he holds a Diploma in Company Direction from the Institute of Directors in UK.

Languages: Greek & English
Relevant experience
  • Extensive experience in financial reporting and direction, audit (external & internal), advisory and taxation of local and international companies/groups operating in various industries, including regulated approved service providers, regulated investment firms, public companies in Cyprus and abroad, local luxury hotels, shipping companies, holding companies, payment institutions, credit institutions regulated by Central Bank of Cyprus, financial services, fintech, international trading, real estate/construction etc.

  • More than 13 years of solid and consistent front-line experience with one of the international big four audit firms, gaining significant exposure and background in the Cyprus corporate market from an international viewpoint at a holistic approach, with effective involvement in cross-border professional services, transactions and interaction with multicultural associates and clients at international level.

  • Practicing internal audit and corporate governance projects and assessment of processes, controls, policies and risks, as well as relevant recommendations for improvements, governance compliance and risk management/mitigation

  • Substantial experience in tax computations and compliance, tax planning and tax risks assessment and advisory for companies and individuals.

  • Due diligence exercise and well-equipped with the tools, experience and requirements for AML and KYC compliance and risks in the contemporary business environment.
Career, skills and qualifications
  • BA Accounting and Finance (University of Essex, United Kingdom)

  • MSc in International Finance (University of Essex, United Kingdom)

  • ACCA (Association of Chartered Certified Accountants)

  • Diploma in Company Direction (Dip IoD – Institute of Directors, United Kingdom)

  • Cyprus Securities and Exchange Commission (CySeC), Advanced Diploma

  • IT literate

  • Greek & English language



  • FCCA, since 2015

  • Dip IoD, since 2015

  • Member of CySeC public register, since 2019
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