The Fund Manager – Charis Charalambous

Charis Charalambous, the fund manager, has been managing the Active Banking Fund since its launch in July 2012. Charis has extensive experience in analysing banks financials statements and risks and in European banking M&A transactions.

Between 2004-2010 he worked for Citigroup in London (European headquarters), initially as an associate doing extensive research on financial performance of US banks and big cap European banks and then, for four years, as Vice President in Citigroup’s Corporate Mergers & Acqusitions team for the EMEA region. He worked as Project Manager for various Citigroup acquisitions during 2006-2007 (including Egg Bank in the UK) and numerous Citigroup divestitures during 2008-2010 (including sales of retail banking businesses in Germany, the Nordics and Spain).

As part of his duties, Charis carried out extensive profiling and screening of potential acquisition targets in EMEA (both big and mid-cap banks) and analysed financials and key performance metrics of all major banks in various EMEA countries where Citigroup wanted to expand. Charis also has extensive retail banking experience having worked for the Bank of Cyprus in London (1997-1999) and the Cyprus Development Bank (2000-2002).

Charis has a B.A. in Economics from Cambridge University, an M.Phil. in Economics from Oxford University and a Masters in Business Administration (MBA) with distinction from London Business School.