Team Archive - CRI Group

Our Team

Chris is a qualified accountant by profession and a UK, Cyprus and Romania Licensed Insolvency Practitioner. 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. Some 35 years later and with over 7,000 insolvency related appointments to his credit, he boasts a wealth of experience in all aspects of personal and corporate insolvency, not only in England and Cyprus, but several other common Law jurisdictions.

In 1988, he set up the island’s first insolvency practice, Iacovides Kimonos & Co, to provide insolvency related services. Following his departure from the firm in November of 2008, in February 2009, he teamed up with other leading professionals, to incorporate CRI Group.

Utilizing the mechanisms introduced by the rescue culture embodied in the English Insolvency Act 1986, the Enterprise Act 2002 in the UK and the Insolvency Framework, applicable in Cyprus, as amended in May 2015, he has facilitated loan and debt restructuring and corporate turnarounds for many companies home and abroad.

Chris specializes in cross border insolvency, asset tracing and multijurisdictional fraud. He enjoys an excellent reputation amongst professionals worldwide and he has been involved in several complex insolvencies, spanning several jurisdictions including, but not limited to: England, Cyprus, Ukraine, British Virgin Islands, Cayman Islands, Seychelles, Bahamas, Bermuda, Belize, India, Nepal, Spain, Germany, Switzerland, Jersey and many others.

He has participated as a guest speaker in many seminars on cross border insolvency and fraud and he is the author of several articles in this field.

Chris Iacovides

Director - UK Licensed Insolvency Practitioner

Ninos qualified as a Chartered Accountant in 1974 and worked with Arthur Young McLeiland Moores (now EY) until 1978. He is a Fellow of the Association of Business Recovery Professionals, a Fellow of the Association of Chartered Certified Accountants and a Licensed Insolvency Practitioner in the UK. 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.

Ninos is also a director of Alexander Lawson Chartered Surveyors, a multi-disciplined UK firm offering a wide range of professional services to Lenders, Investors, Developers and Occupiers of both residential and commercial property.

Ninos Koumettou

Director - UK Licensed Insolvency Practitioner

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.

Tassos Panayiotou

Director - Investigations and Asset Tracing

Andri is a director of CRI Group, a licensed Insolvency Practitioner in Cyprus, approved Insolvency Practitioner in the Dubai International Finance Centre (DIFC) and a UK qualified solicitor.

Andri specialises in complex cross border insolvency matters, asset tracing and multi jurisdictional fraud. In the scope of her insolvency appointments Andri has obtained emergency interim relief including disclosure and worldwide freezing orders.  Andri has worked on insolvency cases spanning many jurisdictions including UK, Cyprus, Germany, Spain, Dubai, Ukraine, Russia, BVI, Seychelles, Sweden and Switzerland amongst others.

Prior to joining CRI, Andri worked for the UK’s Insolvency Service where she qualified as an Examiner.

Andri is currently Country Co-ordinator for Insol Europe.

Andri Antoniou

Director - Licensed Insolvency Practitioner

Marios Kofteros graduated from the University of Manchester with a Master’s degree in Electrical and Electronic Engineering in 2012.

In September 2012, he joined CRI Group as an Insolvency Administrator dealing with the administration of a large portfolio of solvent and insolvent voluntary liquidations.

In 2016, he became a Licensed Insolvency Practitioner and primarily focusses on cross-border insolvencies, involving several jurisdictions, including Cyprus, British Virgin Islands, Cayman Islands, Belize etc.

Marios Kofteros

Director - Licensed Insolvency Practitioner

Andreas Efstathiou is a qualified accountant and a member of the Institute of Certified Public Accountants in Cyprus.

He is a fellow of the Association of the Chartered Certified Accountants (ACCA) and a Licensed Insolvency Practitioner.

He worked as an independent auditor for over a decade on a broad range of clientele, obtaining experience on a wide range of services including advisory on tax, VAT, business plans and other related matters. He worked as an Insolvency Practitioner from 2017 and he has successfully passed relevant exams in 2018.

Andreas joined CRI in January 2022 and is currently the Manager of the Accounts Department, being in charge of all of CRI Group’s accounting affairs and processes, including payroll, VAT, tax affairs and audit arrangements. He is also involved with a variety of insolvency cases, including undertaking forensic accounting work, examining books and records to identify, amongst others, the trail of funds, possible misconduct and/or dissipation of assets and assist with fraud investigations and the preparation of related reports.

Andreas Efstathiou

Manager of the Accounts Department

Having graduated with a degree in Economics from the National and Kapodistrian University of Athens in 1982, Nicos joined a firm of practising accountants where he gained general experience.

In 1989 he joined Iacovides Kimonos & Co, a firm specialising in all aspects of insolvency gaining considerable knowledge in this specialist field.

In January 2011 boasting a wealth of experience, Nicos teamed up with CRI Group as a manager in charge of the Voluntary Liquidation Department.

Nicos Nicolaou

Licensed Insolvency Practitioner

Irina is a Licensed Insolvency Practitioner in both Cyprus and Romania, where she worked with the largest insolvency firm in Romania for over a decade having coordinated, to date, over 150 complex insolvency and pre insolvency projects. She has extensive experience in the restructuring and turnaround of businesses spanning multiple industry sectors, such as health, retail and real estate.

Irina Misca

External Consultant

Hara Vasiliou is a lawyer and a member of the Cyprus Bar Association. She graduated from Nottingham Trent University in 2014 with a Bachelor of Laws (Honours) and commenced her traineeship with a Cyprus based law firm, where she gained broad experience in civil and criminal litigation as a practising lawyer. In April 2017, she successfully completed the Advanced level Examination of the Cyprus Securities and Exchange Commission where becoming a certified member of the Chartered Institute for Securities and Investment. She joined CRI in September 2019 where she is primarily working on cross border insolvency cases with a focus on white collar criminal matters and internal investigations whilst also assisting CRI’s external lawyers with complex commercial litigation matters.

Hara Vasiliou

Legal Officer

Marios Papadopoulos graduated from Middlesex University London with an LLB (Hons) degree before obtaining an LLM in International Business Law from the City University London. He then completed his Legal Practice Course before undertaking his legal training with the Law Office of the Republic of Cyprus and was admitted to the Cyprus Bar Association in 2014.

He gained practical experience in a broad range of litigation matters working for law firms in Limassol and in July 2018 he joined CRI as a Legal Officer, in the Receivership Department.

Marios Papadopoulos

Legal Officer

Orestis Hadjithomas graduated in 2012 from Liverpool John Moores University with a H.N.D in Building Production Technology and a BSc (Hons) in Quantity Surveying. He then returned to Cyprus, registered with the Cyprus Scientific and Technical Chamber (E.T.E.K) as a Quantity Surveyor and started working with a construction cost consultancy and quantity surveyors firm until 2014, after which he commenced his employment with a reputable contractor company based in Riyadh, Saudi Arabia where he worked for a further 3 year. In May of 2017, Orestis  returned to Cyprus, and started working with a consultancy company in Nicosia.

In June 2018 he joined CRI Group as a Property and Sales Manager, primarily managing the administration of a significant portfolio of immovable properties owned by entities which are subject to insolvency proceedings.

Orestis Hadjithomas

Property and Sales Manager