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Demetris Vakis

Board Member, Head of Markets

KPMG in Cyprus

Demetris joined KPMG in Cyprus in 1987 and became a Board Member in 1991. Demetris is the Head of Markets at KPMG in Cyprus and the lead partner for a number of our clients, having specialised in both Advisory and Audit fields throughout his career. As the Head of Travel, Leisure and Tourism at KPMG in Cyprus, he leads the national team while supporting clients and stakeholders belonging to these industries to manage their risk, effectively deal with their unique issues and address their operational challenges. Having acquired a wealth of insights and knowledge into the family-run business field during his career, Demetris also heads the Family Business practice at KPMG in Cyprus. He is a frequent speaker at family business as well as tourism-related and general economy events and conferences.

Areas of expertise

Advisory Audit Enterprise Family Owned Businesses IT Advisory in Management Consulting Management Consulting Middle Market Travel, Leisure, Tourism
Demetris Vakis

Education and qualifications

  • University of Manchester, United Kingdom BSc Computer Science and Accounting (Joint Honours)

  • Institute of Chartered Accountants in England and Wales, Associate and Fellow Chartered Accountant


  • Fellow member of the institute of Chartered Accountants in England and Wales (ICAEW)

  • Member of the Institute of Certified Public Accountants of Cyprus (ICPAC)

Professional Associations

  • Former President of the Institute of Certified Public Accountants of Cyprus (ICPAC)

  • Member of the Cyprus Institute of Internal Auditors

  • Member of the Board and the Executive Committee of Employers and Industrialists Federation

  • Board Member of the Research Promotion Foundation

  • Board Member of the State Fairs Authority

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