A New Chapter for Cablenet as Ioannis Mavridis Takes the Helm
In a significant shift at the top of Cablenet’s corporate ladder, Ioannis Mavridis, the company’s financial chief, is set to ascend to the role of CEO starting July 1. This CEO promotion comes as Yiannos Michaelides steps down after a successful four-year tenure. Michaelides, who has been instrumental in steering the company through a period of growth and innovation, will continue to serve as a consultant until year’s end.
Mavridis, who has been with Cablenet since September 2020, brings a wealth of experience to his new position. His resume boasts over two decades of international expertise in the banking and telecom sectors, including a significant stint as a managing director at TAP Advisors and 12 years at Citigroup in London. His appointment is seen as a strategic move to leverage his extensive background to propel Cablenet forward.
Upon the announcement of his promotion, Mavridis expressed his eagerness to lead the company, highlighting the strength of Cablenet’s team and their collective ability to enhance value for customers and shareholders alike. His predecessor, Michaelides, commended Mavridis’ capabilities and contributions to the leadership team, expressing confidence in his successor’s potential for success.
Under Michaelides’ guidance, Cablenet not only expanded its market presence but also maintained high customer satisfaction and recommendation scores. His innovative approach helped disrupt the status quo and accelerate the company’s growth.
Nikhil Patil, Chairman and CEO of Cablenet’s Maltese parent company GO plc, acknowledged Michaelides’ dedicated service and leadership, which has positioned Cablenet on a path of steady growth in mobile and broadband markets. Patil also expressed anticipation for Mavridis’ leadership, confident that he will further the company’s success amidst challenging international conditions.
With Mavridis at the helm, stakeholders are watching closely to see how his vision will translate into continued prosperity and innovation for Cablenet in an ever-evolving telecommunications landscape.
