With regards to media reports on Governor Demetriades’s term of office at the Central Bank of Cyprus (CBC), the latter would like to clarify the following:
1. The Governor’s position at the CBC is on full-time basis. Dr Demetriades has not retained any paid position in any other organisation and is not involved in any other job or profession or business.
2. The University of Leicester has given Dr Demetriades the option to return to the position he held at the University after the completion of his term as Governor of the CBC.