The Most Influential General Managers in the Middle East

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rtuneLeader

The Most INFLUENTIAL GeneralMANAGERS InThe MIDDLE EAST

Adonis Yiasemides

Editors Insights

This Special Edion of The Fortune Leader “The

Most Influenal General Managers in the Middle East” features a disnguished leader whose career represents dedicaon, strategic foresight, and unwavering service: Adonis Yiasemides, General Manager of the Electricity Authority of Cyprus (EAC). With over 30 years of professional experience, he has not only advanced his own career but has also played a significant role in shaping the modern energy landscape of Cyprus.

Since joining the EAC in 1992, Yiasemides has progressed through various roles across the organizaon, gaining comprehensive knowledge of its operaons, workforce, and customer expectaons. His elevaon to General Manager in 2022 stands as a testament to his experse, collaborave spirit, and longstanding commitment. He now leads the authority at a crucial moment, as Cyprus navigates sweeping changes driven by renewable energy growth, market restructuring, and accelerated digitalizaon.

Under his stewardship, EAC connues to advance with a strong focus on innovaon, sustainability, and operaonal excellence. Major iniaves such as expanding digital customer plaorms, modernizing the grid, implemenng smart metering systems, and enhancing cybersecurity highlight his vision of building an energy system prepared for the future while maintaining affordability, safety, and public confidence. His leadership approach, centered on people and partnerships, strengthens employee engagement, deepens stakeholder trust, and enhances customer sasfacon.

This edion honors the forward-thinking leadership of Adonis Yiasemides and the pioneers driving a cleaner, smarter, and more resilient energy future across the Middle East.

EDITORIAL TEAM

Editor-in-chief

Sco Edward

Sales & Markeng Manager

Lily Hayler

Business Development Manager Lauren Green, Millie Butler, Rosie Jonas

Business Development Execuve

Victoria Mahews, Ashley Tucker

Art and Design Director

Paul Brown

Research Analyst

Robert Smith

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Editor-in-Chief The Fortune Leader

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Adonis Yiasemides

Hemanth Kumar

Adonis

Yiasemides

Powering a Nation Forward: The Leadership Journey of Adonis Yiasemides CoverStory

InCyprus,wheretheenergylandscapeisevolvingat

unprecedentedspeed,leadershipdemandsmorethan technicalexpertiseitcallsforresilience,clarity,and unwaveringcommitmenttopublicservice.Fewembody thesequalitiesasprofoundlyasAdonisYiasemides, GeneralManageroftheElectricityAuthorityofCyprus (EAC).Withmorethanthreedecadesofservice,his journeyreflectsbothpersonaldedicationandthebroader storyofanorganizationpoweringthenation'sprogress.

Today,asCyprusnavigatesmajorenergytransitionsfrom renewablestomarketliberalizationYiasemidesstandsata pivotalintersectionofhistoryandmodernity,ensuringEAC remainsstrong,trusted,andfuture-ready

ACareerBuiltOverDecadesofService

WhenAdonisYiasemidesjoinedEACin1992,hehadlittle notionthatthisinstitutionwouldbecomebothhis professionalhomeandtheplatformthroughwhichhe wouldhelpshapeCyprus'senergyfuture.Hispathwasnot definedbyoneleapbutbysteadyprogressionmoving acrossdepartments,embracingdiverseroles,andlearning theorganizationfromtheinsideout.

Everypostheoccupiedaddedanewlayertohisleadership identity.Eachchallengerefinedhisthinking,strengthened hismanagementapproach,anddeepenedhisunderstanding oftheneedsofEAC'semployees,customers,and stakeholders.

BythetimeheassumedtheroleofGeneralManagerin June2022,hecarriedwithhimmorethanexperiencehe broughtperspective.Today,heoverseesoperations,drives strategicdirection,andensuresEACcontinuestodeliveron itsmissionwithresponsibility,efficiency,andsocialimpact.

“Thisjourneygavemeinvaluableexperienceandthe resourcestoworkcollaborativelywithcolleagues,trade unions,andtheBoardtoimplementprojectsthataffectnot onlyEACbuttheentirecountry,”heoftenreflects.

StrategicPriorities:Reliability,People,andProgress

Leadinganationalutilitydemandsauniqueblendof realismandhumanity.ForYiasemides,thiscombination formsthebackboneofhisleadershipphilosophy.Heis knownforencouragingcollectivedialogue,fosteringopen

communication,andcultivatingaculturewherehonesty andobjectivityguideeverydecision.

Hiscoreprioritiesremainconsistent:

• Deliveringreliable,high-qualityservicetoconsumers andgridusers

• Supportingemployeesthroughcontinuouseducation andskilldevelopment

• Adaptingtochanges,innovations,andnewmarket realities

• Maintainingstrongrelationshipsacrossregulatory, community,andgovernmentalstakeholders

Hevaluesstructuredconversationsandbelievesin identifyingoptimalsolutionsthroughtransparent,sincere engagement.Whetherdiscussingmarketmodernizationor employeedevelopment,histoneremainssteadyand solution-orientedfocusedonoutcomesthatservepeople first.

SteeringEACTowardaSustainable,ModernEnergy Era

AsCyprusundergoesaprofoundshiftinitsenergy landscape,EACstandsatacriticalturningpoint.Under Yiasemides'sguidance,theorganizationispursuingafuture definedbyinnovation,sustainability,andpublicbenefit.

EAC'sstrategyisanchoredonfourpillars:

• Addressingclimatechange

• Maintainingaffordableelectricity

• Ensuringsecurity,safety,andsystemreliability

• Elevatingcustomerserviceandexperience

WhatsetsEACapartisnotjustitsmissionbuthowdeeply itintegratesESGprinciplesintoeveryaspectofits operations.Theorganizationextendsitsinfluencebeyond electricityprovision,activelysupportingnationalinitiatives ineducation,health,culture,sports,andenvironmental protection.

Theaimisclear:

Amodern,responsible,forward-thinkingenergy organizationthatinspirestrustanddrivesnationalprogress.

NavigatingtheChallengesofaTransformingSector

ManagingCyprus'slargestenergyinstitutionmeans confrontingobstaclesthatevolveasquicklyasthe technologiesshapingthem.Fromthecompetitiveelectricity marketandtheboominrenewablestonaturalgas introductionandinfrastructuremodernizationEAC's challengesaremulti-layeredandcomplex.

UnderYiasemides'sleadership,EACis:

• Supportingthecreationofahealthy,competitive electricitymarket

• Implementingalarge-scaledigitaltransformation

• Upgradinginfrastructureforamodern,flexibleenergy system

• Rollingoutsmartmetersandadvancedmetering technologies

• Ensuringcompliancewithinternationalandnational safety,quality,andenvironmentalstandards

Hisphilosophyissimple:challengesarenotroadblocksbut catalystsforevolution.Flexibility,adaptability,anda customer-centricculturearethetoolsthatturnthose challengesintoopportunities.

ADeepCommitmenttoOperationalExcellence

ForYiasemides,efficiencyandreliabilitybeginwith rigoroussystemsandinternationallyrecognizedstandards.

Today,EACiscertifiedwithISO9001,ISO14001,and ISO45001—atestamenttoitscommitmenttoquality, environmentalresponsibility,andoccupationalsafety

Beyondthesecertifications,EACcontinuesstrengthening:

• Businesscontinuityandrecoverymechanisms

• Cybersecurityanddigitalsecuritycompliance

• Corporategovernanceandsocialresponsibility programs

Eachinitiativeisdesignedtoensurethattheorganization remainsresilientinthefaceofmarketchanges, environmentalchallenges,anddigitalthreats.

InnovationattheHeartofTransformation

Technologyisreshapingtheglobalenergysector,andEAC isembracingthisshiftthroughaseriesofambitious infrastructureanddigitalprojectsthatrepresentthefuture ofCyprus'sgrid.

Amongthemostnotableadvancementsare:

• MeterDataManagementSystem(MDMS)

ThebackboneofCyprus'sCompetitiveElectricityMarket, enablingsecure,transparentaccesstometeringdatafor suppliers,producers,andconsumers.

• ModernisationoftheDistributionNetwork

Thereplacementofageinginfrastructurewithremotely controlled,digitallymonitoredequipmentthatenhances reliabilityandresponsiveness.

• DigitalCustomerServices

Fromapplicationtrackingtosoon-to-be-launchedonline paymentsystems,EACismakingenergyservicesfasterand moreuser-friendly

• GEODIASGISSystem

Asophisticateddigitisationinitiativeofferingreal-time visibilityintogridassets,enhancingplanning,monitoring, andfieldresponse.

• ExpansionoftheOptical-FibreNetwork

ReinforcingthebackboneofCyprus'sfuturesmartgridwith high-speed,securecommunicationbetweensubstationsand systems.

• DroneDeploymentforNetworkInspections

Modernizingfieldoperationsbyusingdronesforsafer, fasterinspectionsespeciallyinremoteorchallenging terrains.Eachoftheseadvancementsmarksacrucialstepin transformingEACintoadigitallyempowered,future-ready organization.

Renewable

EnergyandtheFutureofCyprus'sEnergy Landscape

Cyprus'sisolatedgridstructurepresentsuniquechallenges, particularlywhenrenewableproductionexceedsdemand. Storagesolutionsbecomeessentialforstabilityand flexibility

EAChasalreadysecuredapprovalforenergystorage installationsatDhekeliaandMoniPowerStations,paving thewaytowardagreenerandmorebalancedsystem.

LeadershipPrinciplesAnchoredinResponsibility

TheleadershipphilosophyofAdonisYiasemidesreflectsa blendofduty,integrity,andforward-thinkingstrategy.His guidingprinciplesinclude:

• Safetyfirstforworkersandthepublic

• Reliabilityandresilienceacrossthegrid

• Clearcommunicationandcustomertrust

• Acommitmenttosustainabilityanddecarbonization

• Empoweringemployeesandnurturingtalent

• Buildingstrongregulatoryandcommunitypartnerships

• Actingethicallyandtransparently

• Embracinginnovationtostrengthenthegrid

• Thesevaluesnotonlydefinehisleadershipbutalso shapethecultureofEAC.

RecentAchievementsandNationalImpact

Amongtherecentmilestones,theinstallationofsmart metersandtherolloutoftheAdvancedMetering Infrastructure(AMI)standastransformativeachievements.

ThesesystemsformthefoundationofCyprus'sdigital energyecosystemandpromisetangiblebenefits:

• Betterconsumptionmanagement

• Improveddistributionefficiency

• Fasterresponsetopoweroutages

• Enhancedmarkettransparency

EACcontinuestodrivesustainablegrowth,delivering affordable,reliableenergywhileremainingthebackboneof thenationalpowersystem.

AMessagetotheEnergyLeadersofTomorrow

Forfutureleadersintheenergyandutilitiessector, Yiasemidesofferswisdomdrawnfromdecadesofservice: “Stayfocused,staycourageous,andneverlosesightofwhy youchosethispath.Ourworkshapespeople'slivesandthe futureofourplanet.Leadwithintegrity,listencarefully, andbeboldwhenitmattersmost.”

Hebelievesleadershipisnotabouttitlesbutabout responsibilitytocommunities,totheenvironment,andto futuregenerations.Inmanyways,thestoryofAdonis YiasemidesisthestoryofCyprus'senergyevolution.Itisa narrativeofcommitment,resilience,andvisionofaman whobuiltacareerwithinaninstitution,andnowleadsthat institutionintoafuturewheresustainabilityandinnovation definenationalprogress.

EMPOWERING ORGANIZATIONS WITH INNOVATIVE CONSULTING SOLUTIONS

Duetothetremendouspaceofchangethatistaking

placeinthecontemporarycorporateenvironment, organisationsarecomingunderanincreasing amountofpressuretoinnovate,adapt,andkeepa competitiveadvantageovertheirrivals.Theseissuesarenot onlychallengingbutalsonumerous,rangingfromthe disruptionthatisbroughtaboutbydigitaltechnologytothe ever-changingexpectationsofitsclients.Thesedifficulties arenotjustdifficultbutalsonumerous.Atthispointinthe process,creativeconsultingsolutionscomeintoplay.These solutionsofferbusinessesaidinrealisingtheirfull potential,improvingtheiroperations,anddeveloping resilienceforthefutureandtheirfutureendeavours.

Innovativeconsultingplacesanemphasisonadaptation, creativity,andcustomisation,incontrasttotraditional consulting,whichoftentendstorelyonexistingtechniques. Innovativeconsultingalsoplacesanemphasisoncustomer service.Consultingthatadherestoinnovativeprinciples laysanemphasisonthesequalities.Consultantswitha forward-thinkingperspectiverealisethateveryorganisation hasitsownuniquerequirements,andtheyrespondtothis realitybyprovidingbespokesolutionsthatagreewiththe objectivesofthefirm.Instancesofsolutionsthatenable businessestohavethecapabilitytoachievesustainable growthincludetheintroductionofnewtechnology,the upgradingofprocesses,andthedevelopmentofstrategies thatarecentredonpeople.Theseareallexamplesof solutions. Everysingleoneofthesemanysortsofsolutions isanexampleofasolution.

Oneofthemostimportantadvantagesthatcreative consultancyprovidesistheabilitytofacilitatedigital transformation.Thisisonlyoneofthemanyavailable advantages.Theapplicationoftechnology,suchasartificial intelligence,dataanalytics,andautomation,enables consultantstooffersupporttobusinessesintheprocessof makingdecisionsthatareestablishedonfactsthatcanbe

reliedupon.Theprocessoftransformingrawdatainto insightsthatcanbeputintoactionenablesbusinessesto enhancetheirabilitytoengagewiththeircustomers, optimisetheirperformance,andsuccessfullyanticipate marketmovements.Theseenhancementsareattainable throughtheprocessoftranslatingrawdataintoinsightsthat canbeputintoaction.Theuseofthistechnology-driven approachguaranteesthatcompanieswillcontinuetobe competitiveinanenvironmentthatisalwaysexpandingand inastateofconstantchange.

Additionally,thehumancomponentisofequalvalueinthis context.Inadditiontoputtinganemphasisonprocessesand procedures,creativeconsultingalsoplacesanemphasison

leadership,culture,andthecultivationofnewtalent.Thisis becausecreativeconsultingplacesanemphasisonallthese things.Consultantsworkcloselywithcompaniesto accomplishawiderangeofgoals,suchasthedevelopment ofinclusiveworkplaces,theencouragementofcooperative endeavours,andtheequippingofleaderswiththeskills necessarytoeffectivelymanagechange. Itispossiblefor businessestoestablishamorestablefoundationforlongtermsuccessbyprovidingtheiremployeeswithmore autonomyandbyensuringthatthoseindividualsarealigned withtheorganization’soverallobjective.Theestablishment ofmoresolidfoundationsforsuccesscanbefacilitatedby this.

Anothercomponentthatisabsolutelyrequiredistheability toadapttonewcircumstances.Toencourageorganisations toemployflexiblestrategiesratherthanrigidplans, innovativeconsultingsolutionsarebeingused.Thisstands instarkcontrasttotheconventionalmethodofmeticulously layingeverythingout.Asaresultofthis,itisoftheutmost importancetopreparefortheunpredictabilityofthe situation,investigatenewapproachestoproblem-solving, andencouragecreativityateverylevel.Thistechnique enablesorganisationstorapidlymodifytheirstrategyin reactiontodisturbancesinthemarketwhilesimultaneously seizingfreshopportunitiesallatthesametime.Thisis madepossiblebytakingsuchanapproach.

Innovativeconsultingisultimatelyabouttransformation, whichmeansthatitisnotjustaboutmakingincremental improvementsbutalsoaboutgeneratinghugerevolutions thatrestructurehowfirmsrun.Thisisbecause transformationisthegoalofinnovativeconsulting. Thisis sincetheultimateobjectiveofinnovativeconsultingisto bringabouttransformation.Havingconsultantswhocan combinetheirknowledgeoftechnologywithstrategiesthat arebasedonpeoplemakesitpossiblefororganisationsto surviveinthefaceofcomplexity. Theseconsultantsarethe oneswhomakethiscapabilitypossible.

Inaworldinwhichtheonlythingthatisconstantis change,theprovisionofinnovativeconsultingsolutionsis notaluxurybutratheraneed.Thisisbecauseinnovationis theonlythingthatiscontinuous.Becauseofits implementation,organisationsaregiventheopportunityto thinkinadifferentway,adoptastrategicperspective,and produceresultsthathaveaneffectthatislong-lasting.This isaconsequenceofthefactthatitisimplemented.

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