Xryma Plc appoints new Independent Non-Executive Chairman

On November 10, 2026, the electronic money institution Xryma Plc announced the appointment of Konstantinos Petridis as its new Independent Non-Executive Chairman of the Board of Directors. While one source indicates that Petridis assumes his duties immediately, official regulatory filings specify that the appointment remains subject to the necessary supervisory approval from the Central Bank of Cyprus.

This leadership change follows the resignation of Christakis Tausianis, who stepped down as Non-Executive Director and Chairman on September 30, 2026. The appointment is part of a broader renewal of the company's board members, designed to align with the 2026 Directive of the Central Bank of Cyprus regarding the internal organization and governance of electronic money institutions.

The company, which provides open banking and real-time multi-currency payment services across Europe and the United Kingdom, expects Petridis's extensive experience in European financial policy and corporate governance to strengthen its strategic direction. The firm is currently awaiting final regulatory clearance to finalize the transition.