Kreston Global appoints new Audit Chair
September 14, 2021
LONDON – Kreston Global has today appointed Theo C Theodoulou as Chair of the Kreston Global Audit Group.
Theo is a director of Kreston Global member firm Kreston Ioannou & Theodoulou Ltd (Kreston ITH), based in Nicosia, Cyprus. He is also a non-executive board member at the Cyprus Securities and Exchange Commission (CySEC) and the president of the Audit Committee of CySEC.
Theo’s experience includes redesigning the audit methodology of Kreston ITH, which ensures compliance with the Institute of Public Certified Accountants of Cyprus cold reviews, and which has been resold to multiple local firms in Cyprus. Aside from his experience developing technical strategy, Theo is also an experienced manager of audit portfolios for large international groups and is finance director for one of the biggest football clubs in Cyprus, Anorthosis Famagusta Football (Public) Limited.
Theo takes over the Audit role from Andrew Collier, who has overseen Kreston Global’s Audit offering since 2011 and is stepping aside to focus on his role as Director of Quality and Professional Standards. As Chair, Theo will be primarily responsible for coordinating the Kreston Global Audit Group and ensuring the team remains up to date on international audit developments
The announcement follows Kreston Global’s rebrand, announced in July 2021, and comes in the same year that Kreston celebrates its 50th anniversary.
Theo C Theodoulou, Audit Chair of Kreston Global said:
“I am honoured to have been selected as Chair of the Kreston Global Audit Group at such an exciting time for the Kreston Global network. The audit sector continues to face an escalating pace of change, and for us change starts with redefining our goals and approach, including the way in which we interact with member firms and implement strategy across the network. We will inevitably face various challenges, as well as opportunities in the coming months, and in response I hope to build on to date by promoting a fully collaborative exchange of ideas, materials, and support between individual member firms.”
Liza Robbins, Chief Executive of Kreston Global, commented:
“We are delighted to welcome Theo as new Audit Chair of Kreston Global. Theo has considerable exposure to the audit profession; as we continue to evolve, and as member firms begin to adjust to the new normal, his commitment to future proofing and streamlining audit strategy and knowledge sharing will benefit not only the component parts, but also the cohesion of the whole Kreston network.”