Cyta CEO Andreas Neokleous Steps Down to Pursue International Ventures

by THEFUTURE.TEAM

August 27, 2025

In a strategic career transition, Cyta’s Chief Executive Officer, Andreas Neokleous, has announced that he will step down at the end of August, as confirmed by recent reports. The decision, communicated by the Chair of the Board, was conveyed to Cyta’s staff amid a period of organizational change.

Transition and the Path Forward

Sources indicate that Neokleous tendered his resignation for professional reasons after accepting a new opportunity with an international company. This move is set to trigger the ensuing process within Cyta to identify and appoint a successor, marking a pivotal moment in the firm’s leadership evolution.

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A Distinguished Professional Legacy

Neokleous, who assumed the CEO role in January 2019 following board approval and ministerial confirmation, brings a wealth of expertise to the telecommunications sector. A holder of a Master of Engineering in Electrical and Electronic Engineering as well as a PhD in Telecommunications & Digital Signal Processing from Imperial College London, his academic credentials are matched by his extensive professional experience.

Prior to joining Cyta, Neokleous held key leadership roles at MTN from October 2011 to November 2016, where he managed business and customer experience divisions, as well as serving as General Manager for the IT subsidiary IBSCY Ltd. He later founded Xperology, serving as its CEO, and subsequently joined Demstar Business Solutions as Director of Business Services before being appointed CEO of Cyta.

Implications for the Industry

Neokleous’s exit not only signals a personal career milestone but also reflects a broader trend of executive mobility within the telecommunications industry. As Cyta embarks on the search for new leadership, the industry will be watching closely to see how this transition shapes future strategic directions and market performance.

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Cyprus Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

by THEFUTURE.TEAM

May 25, 2026

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

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European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.

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