Speaking as he stepped down as the Governor of the Cyprus Central Bank, last week, Afxentis Afxentiou observed modestly that during his 20 years at the head of the bank: 'conditions of internal and monetary stability prevailed, which made the Cyprus pound an enviable currency'.
In a farewell statement on Tuesday, Mr Afxentiou said that he was leaving his post with a 'clear conscience', despite having come under the Watchdog Committee's spotlight over allegations that his son had benefited from manipulated stock prices in February.
The Former Central Bank governor stated that the stable and uninterrupted growth of the jurisdiction's economy could be attributed in 'significant' part to the Central Bank, and thanked the staff with whom he had worked over the past 20 years for their help in achieving these goals.
According the Cyprus Weekly News, he told his senior staff last week that he would rest for a while: 'and then I will have plenty to do. I am not going to go into retirement.'
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