Gold Magazine January - February 2014, Issue 34 | Page 10

UP FRONT

Shop Till
You Drop!
FXTM INTERNATIONAL BOXING CUP
CYPRUS BEATS RUSSIA

C

ypriot boxers
took the lead
over their
Russian opponents as
they competed in last month’s
FXTM International Boxing
Cup “Cyprus Vs Russia” at the
FXTM Apollon Indoor Arena
in Limassol, proving that there
is a lot of potential for further
development in the Cyprus
boxing scene.
The boxing tournament,
co-organised by forex broker
ForexTime (FXTM) and the Limassol Municipality, took place

M

under the auspices of the FXTM
Aravis Boxing Team. Hundreds
of spectators enjoyed a thrilling
adrenaline-filled tournament
where athletes competed for
international supremacy.
Ten matches took place
in the 57kg, 60kg, 64kg,
69kg, 75kg, 81kg, and 91kg
categories. Cypriot winners were
C. Antoniou, G. Danatsides,
P. Tatidis, E. Kathopouli,
F. Kazakov and G. Yakubu.
Match winners from Russia
were I. Kokshin, A. Esman, I.
Shmelev, and A. Zaitsev.
Andrey Dashin, founder

arios
Clerides,
former
chairman of
the Cyprus Securities
and Exchange Commission (CySEC), has
been appointed new
CEO of the Cooperative
Central Bank (CCB). The
decision was taken at a
board meeting on December
18, 2013 and announced a few days
later. Clerides, 60, studied at the London
School of Economics and Political Science,

and shareholder of ForexTime and himself a sporting
enthusiast, congratulated the
athletes saying “We at Forex
Time are very proud to support youth and specifically
to help athletes chase their
dreams and succeed. Boxing is
a very precise art form for me;
it helps individuals develop the
key skills of strategy, endurance and focus that can also be
applied in everyday life and to
the business world. Congratulations to all the athletes that
have competed today and a
special bravo to the winners”.

and was awarded a PhD in Labour Economics in 1982. First employed in November
1982 by Hellenic Bank (in charge of planning and economic research), Clerides later
– from 2006 onward – served as Group Senior General Manager: Risk Management and
Strategy. During a brief interlude of his time
at the bank, Clerides joined CySEC as its
chairman on a five-year contract, from 2001
until 2006. In April 2013 he was appointed,
by the President of the Republic as a member of the National Council for the Economy.
Following a €1.5 billion capit [[