Chris Iacovides

Licensed Insolvency Practitioner

A qualified accountant and the only UK Licensed Insolvency Practitioner currently based and practicing in Cyprus. The founding partner of Iacovides Kimonos & Co, the island’s first insolvency firm, set up in 1988, to provide insolvency related services. He has gained considerable experience, practicing in Cyprus and abroad during the last thirty years.

Following his departure from the firm in November of 2008, he teamed up with other leading professionals, to incorporate CRI Group.

With the introduction of the Insolvency Act 1986 in the United Kingdom, at the age of 24, he became the youngest Licensed Insolvency Practitioner in the UK. With over 7,000 insolvency related appointments to his credit, he boasts a wealth of experience in all aspects of Personal and Corporate Insolvency.

Utilizing the mechanisms introduced by the rescue culture embodied in the Insolvency Act 1986 and the Enterprise Act 2002 in the UK, he has been able to facilitate Loan and Debt Restructuring and Corporate Turnarounds for many companies home and abroad.

Chris specializes in Cross Border Insolvency and Corporate Restructuring and enjoys an excellent reputation amongst professionals worldwide. He has been involved in several complicated Cross Border Insolvencies, spanning several jurisdictions including, but not limited to: Cyprus, United States, Canada, British Virgin Islands, Seychelles, Bahamas, Bermuda, Aruba, India, Nepal, Netherlands, Spain Jersey and many others.

He has participated as a guest speaker in many seminars on Cross Border Insolvency and he is the author of a number of articles in this field.

Ninos Koumettou

Licensed Insolvency Practitioner

Ninos qualified as a Chartered Accountant in 1975 and and worked with Arthur Young McLeiland Moores (now Ernst & Young) until 1978. Following his departure, he worked in shipping and commerce, until he set up practice in 1982 and began specialising in insolvency. With the introduction of the Insolvency Act 1986, Ninos was amongst the first Cypriots to have received an Insolvency Practitioners License in 1986.

Ninos has considerable experience in all types of restructuring and insolvency assignments, both personal and corporate, across a wide range of sectors

In addition to being a fellow Member of the Institute of Chartered Accountants in England and Wales, Ninos is a fellow of the Association of Business Recovery Professionals, the Association of Chartered Certified Accountants the National Union of Insolvency Practitioners of Romania and various charity organizations and community associations.

Antonis Haji Roussos

Insolvency Practitioner

Antonis is a fellow member of the Chartered Association of Certified Accountants. He retired as the senior partner in charge of the International Business Division and insolvency arm of Coopers & Lybrand in Cyprus. He has been an active member of the Institute of Certified Public Accountants of Cyprus and he is the author and co-author of several business publications.

Antonis was elected for three consecutive, five year term, as member of the Cyprus Parliament, representing a minority community in Cyprus and he is also a member of the Education Committee of the Parliament and a member of the committee for Private Education. Some of his appointments include president of a Co-op Savings bank, Vice President of the Board of the Cyprus Nordic Business Association, of which Antonis has been one of the founding members, primarily responsible for the promotion of the business activity between Cyprus and Sweden and president of two philanthropic foundations.

Antonis has significant experience in all aspects of Corporate Insolvency and Restructuring and has been involved in the establishment of complex corporate group structures in different tax jurisdictions.

Michalis Moushouttas


Michalis is a lawyer by profession; a member of the English Bar, called in 1997 and admitted to the Cyprus Bar in 1998. He has extensive experience of corporate and commercial matters, particularly in relation to company and business acquisitions and sales of, public and private companies, joint ventures, corporate reorganizations, insolvency, banking and taxation.

Michalis is the Vice President of the Board of Directors of the Nicosia Chamber of Commerce and Industry (heading the services sector). He is also a member of the Board of Directors of the Cyprus Chamber of Commerce and Industry; the Board of Directors of the Cyprus-Russian, Cyprus-Hellenic, Cyprus-Romanian, Cyprus-Lebanon and Cyprus-Hungary business associations; and a member of the Board of Directors of several companies listed on the Cyprus Stock Exchange and various other private companies

Tassos Panayiotou

Investigations and Asset Tracing

Tassos served with the Police Force in Cyprus for forty two years before he eventually retired in 2006, as Chief of the Police. During his colourful career, in addition to being President of the Cyprus Police Association, he served in various posts, amongst some but, not limited to, the Prosecutor’s Office, head of a branch of the Central Intelligence Service, Commander of the Criminal Investigation Department and Commander of the Drug Law Enforcement Unit.

Tassos was honoured and decorated for his services by INTERPOL and the respective Presidents of the republics of Greece and Cyprus. He is often invited to lecture and participate in panel discussions on law and order related subjects.

With his experience and background, Tassos will no doubt prove to be an invaluable member of the team.