Rennos Ioannides - KPMG Cyprus
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Rennos Ioannides

Board Member, Deal Advisory

KPMG in Cyprus

Rennos has over 23 years of experience in the financial and advisory fields respectively with a deep understanding of the lending and NPL sectors. He has been involved for over 20 years in the management of  corporate and retail loans, both performing and distressed, within a banking setting from the positions of Corporate Banking Division Manager, Arrears Division Manager and Senior Arrears Manager of ALPHA BANK CYPRUS, having, in his latter role, the overall responsibility of the Bank’s 150+ people four NPLs divisions (corporate and retail). 

Since joining KPMG more than two years ago, Rennos has taken a key role in setting up, organising and expanding the financial and operational restructurings practice.  He is also involved in insolvency work (receiverships, liquidations, examinerships, corporate and personal schemes of arrangement), independent business reviews and independent expert reports, the provision  of  advisory services and expert training to the financial sector, corporate finance projects and new investment funding.

Previously, Rennos worked as a management consultant with Andersen Consulting in Greece, providing advisory work to the financial sector.  Rennos has had a broad-range exposure to local and international policy–makers, regulators and supervisors and extensive interaction at Board and similar levels, having chaired or participated in a number of top-tier committees.  He has been involved in complex deal (re)structurings and has successfully led or participated in a number of significant projects such as the assessment of the available restructuring options and their impact for a bank’s corporate NPL portfolio worth over €1 billion, the Asset Quality Review of ALPHA BANK’s loan book, the complete re-organization of the Bank’s Arrears Management function, the set-up / service level agreement / monitoring framework for an outsourced debt servicing and collections platform, and the re-engineering and strategy development of a large Greek financial institution. 

Areas of expertise

Advisory Asset Management Buy Deal Advisory Deal strategy Evaluation Financial Restructuring Financial Services Fix Private Equity

Education and qualifications

  • BA (Econ) (Hons) in Accounting and Finance, The University of Manchester, First Class

  • Master of Business Administration, University of Bradford, Distinction

  • Post-graduate Diploma in Marketing Management, Manchester Metropolitan University, Distinction

  • Associateship Diploma of the Chartered Institute of Bankers

  • Diploma of the Chartered Institute of Marketing


  • Fellow of the Association of Chartered Certified Accountants

  • Licensed Insolvency Practitioner

  • Member, INSOL Europe

  • Accredited HRDA Trainer

Professional Bodies

  • Member of the Insolvency Committee of the Institute of Certified Public Accountants of Cyprus and of ACCA’s Advisory Committee in Cyprus

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Connect with me

  • Nicosia, CY