demetris-ioannides

Demetris Ioannides


Demetris founded Deloitte Cyprus and served as Managing Partner and subsequently as Executive Chairman until 2005. He is now Chairman Emeritus of Deloitte Cyprus and the managing director of our Group. During his Deloitte tenure, he received various leadership awards and established an impressive, broad clientele that has shaped the current stature of the financial and shipping industries in Cyprus. Together with Prof. Dr. Wolfgang Gassner, he was instrumental in the 2002-2003 Cyprus tax reform, necessary for EU tax harmonization.

Persella Ioannides

Persella Ioannides


Persella has a double graduate degree (MBA and MS in Financial Engineering) from Columbia University in the United States, and a BSc in Mathematics and Statistics from Bristol University in the United Kingdom. She spent three years as a risk manager for Morgan Stanley’s institutional equity derivatives desk in New York. In 2007, Persella set up MeritKapital, a CySEC licensed investment firm with an initial focus on asset management and investment advice. Since, she has progressively grown the firm’s product offerings to include custody, repo, brokerage and the underwriting business. She has developed a niche in the in the Eurobond fixed income field, particularly in Russia and the CIS. Persella’s strong relationships with large buy side funds testify to the positioning of MeritKapital in its field of expertise.

Panos Ioannides

Panos Ioannides


Panos holds a BA from Yale University in Economics and Mathematics. Before joining MeritServus, Panos spent two years at Kaiser Associates, a global mid-size management-consulting firm with an elite client base. Panos is a member of the ACCA and has been a Director of MeritServus and MeritKapital since 2007. Panos led the team that brokered the first structured trade on the island in Bank of Cyprus claims (restricted deposits, shares) following the bank bail-in. The group then became the biggest proprietary trader of such claims on the island. He is a specialist on Cyprus investment schemes related to citizenship and residence, hosting relevant seminars around the globe.

joanna

Joanna Elia


Joanna joined Deloitte Cyprus in 1996 and transitioned to a managerial role at DI Ross in 2005 following the management buyout of MeritServus. She holds an MSc in Accounting and Economics from Lodz University, Poland.  Joanna is an Associate Director of the Accounting Department and has experience dealing with complex accounting and tax matters that affect cross-border reporting and compliance. Joanna is an expert in yacht leasing schemes and she has advised and continues to assist various clients in that specialty area.

panayiota

Panayiota Constantinou


Panayiota trained with Deloitte Cyprus and has been a part of MeritServus since its inception. She administers a large portfolio of international companies, including public companies. She has repeatedly and successfully managed administrative and compliance matters for joint venture entities with complex shareholder agreements. Perhaps her greatest skill is her dedication to detail and her strong sense of fiduciary duty to shareholders. Panayiota holds a BSc in Business Administration from the University of Piraeus in Greece.

maria

Maria Damianou


Maria joined the corporate services department of Deloitte Cyprus in 1993 and subsequently transferred to MeritServus. Maria studied languages and holds a Diploma in Accounting. She is an active professional director of large holding companies with in-depth experience in the many facets of holding company administration. Maria is experienced managing compliance matters across jurisdictions. Her clients appreciate her efficient work and her subtlety in managing sensitive information and circumstances.