Costas Tsielepis


Academic & Professional Qualifications

Mr. Tsielepis studied Accounting in London, UK.

He is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW) in which he was admitted as member in 1968. He is one of the early members of the Institute of Certified Public Accountants of Cyprus (ICPAC) with a registration number 41.


Mr. Tsielepis is a leader in the business consulting, auditing and accounting field in Cyprus. He is a dedicated, practical and highly versed leader and pioneer and is blindly trusted for his knowledge of tax and audit standards, methodologies, laws and regulations.

In the early days of his professional career he had worked for the Inland Revenue Department as an Investigations Officer and then as Financial Director for the biggest and oldest wine and spirits  producer on the island.

He later served as Manager for a major international accountancy firm and as a partner and director for a Big Four Auditing firm before deciding to dedicate his time and efforts to his own practice. Mr. Tsielepis also served on the Board of Directors of the Central Bank of Cyprus between 1983 and 2003. He also acts as Director for a number of private companies in various sectors.

He assumed the Chairmanship of Chelco Management Services Ltd in 2009.


Mr. Tsielepis is a highly accomplished and successful business leader and entrepreneur with a track record of instigating and managing the implementation of successful business enterprises.

He has a charisma of converting every opportunity into success and of driving profit and growth. He is well-networked and highly successful in implementing business ventures.

Over the years, Mr. Tsielepis has mastered the business consulting profession and consistently applied his five decades of experience in effectively and efficiently handling his clients’ tax, audit, accounting and business needs and requirements.

He maintains strong and durable relationships with the island’s key public and private organisations, professional bodies and decision makers and is frequently consulted on industry policy-making decisions.


Mr. Tsielepis is responsible for overseeing the overall operations of Chelco Management Services Ltd.

He handles high profile clients and advises them on high level issues and decisions that affect their businesses. He safeguards their business interests and frequently engages in strategic advisory and corporate business development. He is also frequently assigned with negotiating various business transactions on behalf of his clients and third parties.

He constantly shares his vocational experience and valuable knowledge in the field with the management and staff of the company to produce results that are as authoritative as they are practical.