Persella Ioannides

Executive Director

Persella has an MBA and an MS in Financial Engineering from Columbia University and a BS in Mathematics and Statistics from Bristol University. She spent three years as a risk manager for Morgan Stanley’s institutional equity derivatives desk in New York. In 2007, Persella set up MeritKapital, an FCA and CySEC licensed investment firm with an initial focus on asset management and investment advice. Since, she has progressively grown the firm’s product offerings to include proprietary trading, brokerage, custody and the underwriting business and has worked towards building the firm’s global presence. Persella has developed the firm’s niche in the Eurobond fixed income space, particularly in the emerging markets where these include Russia and the CIS. Her strong relationships with large buy side funds are testament to the positioning of MeritKapital in its field of expertise.

Panos Ioannides

Panos Ioannides

Non-Executive Director

Panos holds a BA from Yale University where he double majored in Mathematics and Economics and is also an ACCA member. After university, Panos spent two years at Kaiser Associates, Washington, a global mid-size management-consulting firm with an elite client base. Following, he joined Merit group in 2007 where he served as an Executive Director for MeritKapital, an FCA and CySEC licensed investment firm with a fixed income focus and Meritservus, a fiduciary services firm with an institutional client pool. Panos had especially contributed to the growth of MeritKapital when he led its distressed debt team to broker the first structured trade in Bank of Cyprus restricted deposits subsequent to the bank bail-in by the Troika. The firm subsequently became the biggest proprietary trader of such claims on the island and was able to establish relationships with large institutional funds with a distressed debt focus.