Telecommunications provider Cyta on Friday announced the departure of Andreas Neocleous from his role as chief executive officer, effective September 12, 2025.
“During his tenure as CEO, Neocleous contributed decisively to Cyta’s dynamic growth and success”, the organisation said.
“He oversaw an increase in profitability, strengthened the customer base, and enhanced the technological and commercial value of the company”, Cyta added.
During his time, Cyta continued, “the organisation implemented major internal transformation projects”.
These included a new Personnel Performance Management System and a new Promotion System, which Cyta said positioned it as “a pioneer in the wider public sector”.
“A cohesive strategy was developed in close cooperation with the board, Neocleous, and the management team, which reinforced Cyta’s leadership in the communications technology sector,” the announcement mentioned.
It added that “significant infrastructure projects were completed under his leadership, including the expansion of the fibre-optic network, deployment of 5G, submarine cables, and data centres”.
Cyta also earned international recognition, with awards including having the fastest mobile network in Europe for 2021 and 2022, alongside the launch of modern, integrated, and competitive commercial products.
Neocleous, meanwhile, linked his time at the helm of Cyta with the acceleration of the country’s overall digital transformation.
“The board, management, and all Cyta employees expressed their gratitude for Neocleous’s contribution and wished him success in his future professional endeavours,” the announcement stated.
Cyta stressed that it will “continue implementing its strategic plans and ongoing major projects with determination and focus”.
Moreover, the board has initiated the process to ensure smooth leadership succession, with the position of CEO temporarily filled jointly by George Metzakis, Senior Commercial Director, and Nikos Stylianou, Senior Director of Operations Management.
In addition, “functional and operational continuity has been fully secured”, Cyta confirmed.
“With outward focus, strategy, and efficiency, Cyta said it is capable of adapting and successfully meeting the constant challenges of the telecommunications sector in Cyprus and internationally,” the organisation said.
“Its strength lies in the collective experience, specialised expertise, and dedication of its employees to provide advanced and reliable technological solutions to customers and, more broadly, to Cypriot society,” the announcement concluded.
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