Panicos Demetriades

Professor of Financial Economics at University Of Leicester

Panicos Demetriades is Professor of Financial Economics at the University of Leicester's School of Business and Fellow of the Academy of Social Sciences. During May 2012- April 2014, he served as Governor of the Central Bank of Cyprus (Euro system) and also as a member of the Governing Council of the European Central Bank. Professor Demetriades is a widely read and cited economics author with numerous influential contributions to the literature on financial development, financial stability and growth.   As a senior policy maker,  Demetriades oversaw a major restructuring of the Cypriot banking system, as part of an EU-IMF adjustment programme and took part in the discussions that led to the establishment of the Single Supervisory Mechanism in the euro area. His insights from that period have recently been published in a Palgrave-MacMillan book "A Diary of the Euro Crisis in Cyprus: Lessons for Bank Recovery and Resolution". The book, which includes a Foreword by Charles Goodhart, has been described as "a most intense political thriller and an insightful economic analysis" by former European Commissioner for Economic and Monetary Affairs Olli Rehn. The book has also received praise by numerous other leading economists. Professor Demetriades holds a PhD from the University of Cambridge, where he won the Stevenson Prize in Economics, and BA and MA degrees from the University of Essex.