InsiderBusinessThe earnings of Central Bank’s Governor and Executives

The earnings of Central Bank’s Governor and Executives

The annual earnings of the Governor of the Central Bank of Cyprus, Chrystalla Georghadji, amounted to €152.000 in 2017 compared to €153.000 in 2016. George Syrichas, Executive Director, earned in 2017 an annual salary of €118.000, while Constantinos Herodotou, Executive Director since March 1, 2017, earned an annual salary of €98.000.

The total amount of employee benefits in 2017 has reached €23.30m as compared to €20.31m in 2016, increasing by €2.98m. Remuneration includes: gross earnings (basic salary, indexation, allowances, overtime) €15.90m, pension benefits – current service cost €4.87m, employers’ Social Insurance contributions and other contributions €2.53m.

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