Nicosia, Cyprus. PwC Cyprus entered a new leadership chapter on Wednesday, with Andreas Yiasemides assuming the role of CEO for a four-year term, succeeding Philippos Soseilos after more than four years at the helm. Yiasemides took over on July 1, 2026, with his term set to run until June 30, 2030.
Leadership transition
The handover was set in motion last December, when PwC Cyprus elected Yiasemides as its next CEO, confirming that he would succeed Soseilos at the start of July. At the time, Yiasemides said cooperation and hard work would be needed to maintain PwC Cyprus’ strong position in the sector.
Sector environment
PwC Cyprus said the leadership change comes at a time when the professional services sector is being reshaped by digital transformation, artificial intelligence, tighter regulation and shifting client needs.
Philippos Soseilos’ tenure
The change marks the end of a long chapter for Soseilos, who joined PwC in 1989 and became a partner in July 2000, before being appointed CEO of PwC Cyprus in January 2022.
During his tenure, Soseilos led the organisation through a period marked by repeated external pressures, including the aftermath of the pandemic, the impact of the war in Ukraine, the closure of the Russian market, inflationary pressures, geopolitical uncertainty, increasing regulation and the rapid rise of artificial intelligence.
PwC Cyprus said Soseilos played a key role in helping the organisation respond to these challenges while continuing its transformation and maintaining its leading position in the professional services sector.
Broader contribution
With more than 35 years of experience in advisory services and leadership, particularly in digital and business transformation projects in Cyprus and abroad, Soseilos was credited with contributing to the creation of new growth prospects for the organisation.
He also supported efforts to simplify and digitalise parts of the wider business ecosystem, particularly in areas such as licensing, compliance, employment and justice.
At the same time, he was at the helm of PwC’s international rebranding in Cyprus, as the global organisation adopted a renewed brand identity aimed at reflecting the speed and complexity of the modern business environment.
