ipH Iakovos Photiades Group Announces New Group CFO
Cyprus – The ipH Iakovos Photiades Group of Companies has confirmed the appointment of Vasilis Masouras as its new Group Chief Financial Officer, effective 12 October 2026. Masouras will assume responsibility for the Group’s overall financial strategy, planning, performance monitoring and corporate development.
Key responsibilities
- Define and implement the Group’s financial roadmap in line with its growth objectives.
- Oversee budgeting, forecasting, treasury and risk‑management functions across all subsidiaries.
- Support strategic investments that strengthen ipH’s market position and service excellence for clients, suppliers and partners.
- Drive initiatives that reinforce the Group’s financial foundation and promote sustainable development.
Professional background
Masouras brings more than a decade of experience in corporate finance, audit and advisory services. His career includes senior finance leadership roles in fast‑moving consumer goods (FMCG), pharmaceuticals and telecommunications. He has also held senior positions within a professional services firm that is part of the Big Four network.
A graduate of the University of Cambridge, Masouras is a Fellow Chartered Accountant (FCA), underscoring his deep technical expertise and commitment to high professional standards.
Statement from ipH leadership
“We are confident that Vasilis’s experience, expertise and leadership will be a valuable asset for ipH as we continue to build on our strong foundations, pursue sustainable growth and deepen relationships with our business partners,” said a senior spokesperson for the Group. “We warmly welcome Vasilis to his new role and look forward to this next chapter in ipH’s evolution.”
About ipH Iakovos Photiades Group
Founded in 1961, ipH Iakovos Photiades is a leading maritime and logistics conglomerate headquartered in Cyprus. The Group operates a diversified portfolio that includes ship ownership, agency services, bulk and container handling, as well as ancillary logistics solutions. With a reputation for reliability and high‑quality service, ipH serves a broad client base across the Mediterranean and beyond.
The appointment of Masouras aligns with ipH’s strategic focus on enhancing financial resilience and capitalising on emerging market opportunities in the maritime sector.
For further information, please contact the ipH communications department.

