Home Investments Revolut Appoints Ex-Procuring and selling.com CEO Georgios Vasiliou to Head Cyprus Crypto...

Revolut Appoints Ex-Procuring and selling.com CEO Georgios Vasiliou to Head Cyprus Crypto Unit

Friday, 14/08/2026 | 07:31 GMT by
Adonis Adoni

  • Vasiliou spent 12 years with XM’s Neighborhood, rising via the ranks from dealer to worry management and indirectly turning into CEO.

  • The hire follows a pattern for Revolut, which pulls senior ability from the local brokerage industry with some degree of interest on worry.

Georgios Vasiliou

Revolut’s digital assets unit in Cyprus has onboarded Georgios Vasiliou as fresh CEO. He previously served because the manager govt for Procuring and selling.com, the sister label of retail brokerage enormous XM.

He takes over from Costas Michael, the founding CEO of Revolut’s Cyprus unit. Finance Magnates had realized that Michael stepped down from the company two months ago. Michael made the announcement public easiest the day before this day (Thursday) on LinkedIn, confirming he’s going to live as a board marketing consultant for the Cyprus entity.

Finance Magnates’ abnormal protection on Costas Michael’s resolution to step down as Revolut Cyprus CEO

Vasiliou brings huge worry management ride to Revolut. Sooner than turning into CEO at Procuring and selling.com, where he spent five years, he served because the company’s Chief Possibility Officer. Sooner than that, he spent seven years at XM, rising via the ranks from the dealing desk to worry supervisor.

Possibility Remains a High Priority for Revolut

This hire follows an ongoing pattern within the fintech enormous’s recruitment technique: drawing from senior ability from Cyprus’ well-established brokerage sector while placing worry specialists accountable for its digital asset operations.

The emphasis on worry comes as European crypto rules have became extra demanding. The grandfathering period for MiCA, the EU’s effort to unify crypto rules across the bloc, got right here to an end result in July. Revolut’s Cyprus unit used to be among the early recipients of a Crypto Asset Provider Provider (CASP) licence by CySEC and has since positioned itself to design below the MiCA framework.

The EU is now reviewing MiCA.

By striking one other seasoned worry govt at the helm, the fintech enormous signals that compliance and worry controls live its prime precedence as it expands its regulated crypto services and products across the bloc.

Revolut’s digital assets unit in Cyprus has onboarded Georgios Vasiliou as fresh CEO. He previously served because the manager govt for Procuring and selling.com, the sister label of retail brokerage enormous XM.

He takes over from Costas Michael, the founding CEO of Revolut’s Cyprus unit. Finance Magnates had realized that Michael stepped down from the company two months ago. Michael made the announcement public easiest the day before this day (Thursday) on LinkedIn, confirming he’s going to live as a board marketing consultant for the Cyprus entity.

Finance Magnates’ abnormal protection on Costas Michael’s resolution to step down as Revolut Cyprus CEO

Vasiliou brings huge worry management ride to Revolut. Sooner than turning into CEO at Procuring and selling.com, where he spent five years, he served because the company’s Chief Possibility Officer. Sooner than that, he spent seven years at XM, rising via the ranks from the dealing desk to worry supervisor.

Possibility Remains a High Priority for Revolut

This hire follows an ongoing pattern within the fintech enormous’s recruitment technique: drawing from senior ability from Cyprus’ well-established brokerage sector while placing worry specialists accountable for its digital asset operations.

The emphasis on worry comes as European crypto rules have became extra demanding. The grandfathering period for MiCA, the EU’s effort to unify crypto rules across the bloc, got right here to an end result in July. Revolut’s Cyprus unit used to be among the early recipients of a Crypto Asset Provider Provider (CASP) licence by CySEC and has since positioned itself to design below the MiCA framework.

The EU is now reviewing MiCA.

By striking one other seasoned worry govt at the helm, the fintech enormous signals that compliance and worry controls live its prime precedence as it expands its regulated crypto services and products across the bloc.

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Adonis Adoni is a News Editor at Finance Magnates, with larger than six years of ride covering the monetary services and products industry, technology, and their intersection.

His work entails C-suite interviews with main technology and fintech firms across Europe, the US and Asia, abnormal protection of M&A declare and capital elevating, and data-pushed industry reporting, with a proper emphasis on engagement and optimistic storytelling.

Areas of Protection:
Online shopping and selling industry news
Fintech firms
Digital assets and crypto markets
Regulatory and compliance developments
Executive interviews

Education:
BA in Laws – Nottingham Trent University
LLM in Well being Laws – Nottingham Trent University

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