Director, Chief Information Officer, Cyprus

CENTRAL BANK OF CYPRUS

EUROSYSTEM

VACANT POSITION

The Central Bank of Cyprus is accepting applications for the filling of one (1) permanent vacant position of Director, as follows:

Director (Chief Information Officer) – Information Technology Directorate

Duties and Responsibilities

Implementation of the digital and technological transformation of the Central Bank of Cyprus in a manner that ensures that the technology used, data, and required skills support the Banks strategic objectives, operational excellence, and mission. Oversight of daily technology operations to ensure system reliability, cybersecurity, compliance, and the delivery of IT services, while supporting business units with effective solutions.

Main Responsibilities

• Design and implementation of the digital transformation roadmap, including project delivery management, data governance, and adherence to standards for security, resilience, compliance, and data protection.
• Leadership of cultural change in the delivery of technology solutions and overall operational transformation, aiming to embed agility and service excellence across all levels of the Bank.

• Redesign of functions and processes using modern digital practices.

• Oversight of the integration of emerging technologies and business models in a manner that takes risks into account and aligns with the Banks policies.

• Establishment of governance frameworks that ensure accountability, transparency, and strategic alignment across all IT initiatives and digital actions.

• Planning and prioritisation of investments in technology.

• Strategic oversight of the Banks technology architecture, cybersecurity, and the resilience of critical systems.

• Monitoring developments in the technology sector (e.g. AI, cloud, blockchain, cybersecurity, data analytics), evaluating them, and shaping the evolution roadmap in line with the Banks operations.
• Oversight and management of the performance and delivery of technology programmes and projects in accordance with agreed timelines and objectives.

• Leadership and management of the technology and digital transformation team.

• Talent development and upskilling across the Bank to enhance the use of technology and innovation.

• Strengthening collaboration between business units, technology, and operations to accelerate organisation-wide outcomes.
• Representation of the Bank in European Union, Eurosystem, financial sector, and other international committees in relation to digital transformation, data policy, and technology trends.
• Cooperation with the Eurosystem on technology initiatives and digital actions with external stakeholders (government, financial institutions, supervisory authorities, the European Central Bank, etc.).
• Clear communication of complex technology and digital transformation topics to non-technical audiences.

Required Qualifications

• A university degree in Technology, Transformation, Engineering, Management, Economics / Finance, Banking, or another related field, and
• A postgraduate degree or other equivalent professional qualification in Technology, Transformation, Engineering, Management, Economics / Finance, Banking, or another related field, and
• At least seven (7) years of experience in a managerial position or senior advisory role, specialising in technology and digital transformation.
• Proven leadership experience in large-scale transformation programmes with measurable results.
• Understanding of information management, cybersecurity, and technology governance at an organisational level.

• Very good knowledge of the Greek and English languages.

Required Skills and Competencies

• Decision-making ability, negotiation flexibility, clear presentation of complex issues in a simple and understandable manner, and proactive crisis prevention.
• Strategic thinking and action oriented towards innovative practices and methods in the field of technology.

General Information

• According to the provisions of the Central Bank of Cyprus Employees (Terms of Service) Directives of 2024, C.D.P. 195/2024, all positions of the same grade are interchangeable.
• The successful candidate will be placed on the salary scale €66,290 x €2,878.85 (14 increments) – €106,594. This scale includes the incorporation of part of the cost-of-living allowance amounting to 27.99%.
• The gross annual salary, including the 13th salary and the existing cost-of-living allowance, is expected to range between €80,834.02 and €129,980.60, depending on qualifications and experience. Applicable deductions and/or reductions will apply.
• The applicable cost-of-living allowance and a 13th salary are granted, in line with the Public Service.
• The appointed individual may be required to work hours different from the standard working hours of the Central Bank of Cyprus.

Submission of Applications

Applications must be submitted electronically only via the automated system operating outside the Central Bank of Cyprus website, through the following link: Exelsys – Online Job Application, using the EXELSYS system.

Before submitting the application, applicants must pay a non-refundable application fee of €30.00 per position applied for via the JCC Smart website (https://www.jccsmart.com/businesses/35000637). Upon completion of payment, a receipt is issued containing a JCC Smart Reference Number, which must be entered in the EXELSYS system before final submission .

An electronic confirmation of receipt will be sent.

The final date and time for submission of applications is Friday, 16 January 2026 at 23:59. No applications will be accepted after this deadline. Applications without proof of payment by the deadline will not be considered.

Applications will be considered only if applicants meet the required qualifications by the closing date. Evaluation will be based solely on the information submitted. At a later stage, academic and professional certificates and/or confirmation of experience from previous employers will be required.

Essential Conditions

No person shall be appointed to the Central Bank of Cyprus unless they:

• Are a citizen of the Republic of Cyprus or a citizen of a Member State of the European Union.
• Have reached the age of seventeen and have fulfilled, been exempted from, or lawfully deferred military obligations where applicable.

• Possess the required qualifications, skills, and experience for the position.

• Have not been convicted of a serious offence involving dishonesty or moral turpitude.
• Have not been dismissed or had their employment terminated in the past by the Central Bank of Cyprus for disciplinary reasons.

Candidate Evaluation

The evaluation process is as follows:

Stage A – Initial Personal Interview (40%)

Candidates who meet the required qualifications will be invited to an initial interview to assess specialised knowledge, experience, and interpersonal skills. Up to five (5) shortlisted candidates will proceed to the next stage.

Stage B – Final Personal Interview (60%)

A final interview to assess strategic thinking, resource management and staff supervision capabilities, and overall vision for the role.

Processing of Personal Data

The Central Bank of Cyprus, as Data Controller under Regulation (EU) 2016/679 (GDPR), processes personal data submitted for the purpose of evaluating suitability for the position applied for.

Personal data processed include identification details, contact information, CV data (education, professional experience, etc.), and evaluation-related data necessary for the selection process.

Data will be shared with Exelsys Ltd, acting as a processor on behalf of the Bank, and retained for two (2) years after completion of the recruitment process, provided no legal or administrative proceedings are pending.

Applicants have the right of access, rectification, erasure, restriction of processing, and withdrawal of consent under GDPR. Requests may be addressed to the Data Protection Officer of the Central Bank of Cyprus at dpo@centralbank.cy. Applicants may also lodge a complaint with the Commissioner for Personal Data Protection.