The 2025 Annual General Meeting (AGM) of the Cyprus Investment Funds Association (CIFA) took place on April 10th at the Hellenic Bank Head Office in Nicosia, bringing together Board Members, association members, and distinguished guests from across the investment funds industry. Representing Pelagic Partners our Executive Director, Michalis Vasiliou, who also holds the position of Board Secretary at CIFA was in attendance. As a cornerstone event in CIFA’s annual calendar, the AGM serves as a statutory forum for transparent reporting, strategic alignment, and meaningful dialogue on the association’s progress and direction.
Michalis Vasiliou’s active participation in the AGM underscored his strong commitment to upholding high standards of governance within the association, while also reflecting Pelagic Partners’ dedication to sustainable finance, continuous professional development, and the broader advancement of Cyprus as a credible investments fund manager specialized in the shipping industry.
The meeting covered a number of important agenda items, beginning with the presentation of the Board’s Activity Report and an overview of CIFA’s financial position. Members were also presented with the audited financial statements for 2023, which received a clean (unqualified) audit opinion, reinforcing the association’s ongoing commitment to financial transparency. Members also confirmed the re-appointment of the external auditor as part of the association’s routine procedures. Beyond the formal business, the AGM served as an opportunity to reflect on CIFA’s achievements in 2024, outline strategic priorities for 2025, and engage directly with members to share updates, address questions, and reinforce the association’s direction for the year ahead.
The AGM concluded with a strong emphasis on the value of collaboration and continuous professional growth within the investment funds community. Members are encouraged to take an active role in CIFA’s ongoing initiatives by participating in committees, contributing feedback, and engaging with future projects that support the sector’s collective progress. As the regulatory environment continues to evolve, the association reaffirmed its commitment to providing opportunities for education, upskilling, and knowledge sharing—ensuring that members are well-equipped to navigate change and drive innovation in a rapidly transforming industry.
Following the AGM, attendees took part in a focused panel discussion on Environmental, Social, and Governance (ESG) matters, which explored the practical implications of key EU sustainability regulations, including the Sustainable Finance Disclosure Regulation (SFDR), the EU Taxonomy, and the Corporate Sustainability Reporting Directive (CSRD). The discussion offered valuable insight into how these evolving frameworks are shaping the compliance landscape and influencing operational practices across the investment funds sector. It also highlighted the increasing importance of sustainable finance, reinforcing the need for fund managers and investment platforms to stay ahead of regulatory developments and align with broader environmental and social objectives driving the industry forward.
Pelagic Partners remains a steadfast supporter of CIFA’s mission and looks forward to working collaboratively with industry stakeholders to navigate the challenges and opportunities that lie ahead in 2025 and beyond.
