Limassol, 18 Mar 2016 – Tototheo Group, a leading provider of satellite communications for the global shipping industry with headquarters in Limassol, announces the appointment of Despina Panayiotou Theodossiou as joint Managing Director.
Ms. Panayiotou Theodosiou who has served the Group as Chief Financial and Operating Officer since 2010, is joining Mr. Socrates Theodossiou in the top spot.
“These are exciting times for the Tototheo Group as we are engaged in executing our growth strategy which sees us expanding our Group locations by establishing a new company in Dubai. We are operating in a dynamic industry which provides new business opportunities for the future”, Mr. Theodossiou said.
While sharing the managing director role, Mr. Theodossiou is responsible for the Sales, R&D and Technical matters and Ms. Panayiotou Theodosiou for the Corporate Strategy, Finance and Commercial matters.
Furthermore, during the last few months there have been more changes and additions to the Group’s management. Mr. Nicholas Tsakanias has joined the team as Group Financial Controller, while Mr. Constantinos Spyrou has joined as General Manager of Satlink Satellite Communications Ltd. Ms. Natalia Bury is heading Tototheo Trading Ltd as General Manager and Ms. Dolores Evagorou as the Business Development Manager of Tototheo Engineering Services Ltd.
Tototheo Group started its activities in the early 80s and has grown to become one of the leaders in satellite communications and technical services in the Maritime Industry. It has a strong global presence with offices in Cyprus, Greece, the Middle East and Singapore.