Our values create a sense of shared identity within the organization.
They define what we stand for and how we do things.
At all levels we act in a way that represents what we expect of each other
bringing out the best in each other while creating strong internal working relationships.
Nicolas Karoullas has been leading KARMA Group since 2009. He has extensive executive-level management and solid real estate industry experience. As the group’s CEO, he ensures the development of an effective organisational structure and promotion of a positive internal climate.
Under his visionary management, the Group expanded its operation in times of financial crisis, increased its turnover by 50% and delivered the biggest project in Famagusta Region: the Mythical Sands Resort and Spa. He holds a degree in Business Management and is an active member of the Cyprus Building and Land Development Association and the Famagusta Chamber of Commerce.
Constantinos Karoullas joined KARMA Group in 2010 as an Assistant Manager of EDEN Square. In 2014 he took over the role of the complex General Manager.
He oversees the overall organisation and coordination of the restaurants together with the Line Managers, Financial Department and other stakeholders.
His aim is to constantly improve EDEN Square product and results. Constantinos holds a degree in Financial Accounting.
Iakovos Karoullas joined KARMA Group in 1992 as a Director of Multiflow and holds his current position since 2009. Being the most senior figure in the group he is the link between the past and future of the organisation.
His precious experience in the field reflects upon his involvement in KARMA’s policy making and planning exercises and his support regarding the group’s strategy, performance and risk. Iakovos’ academic background includes degrees in Electrical and Chemical Engineering.
He is a member of many respected professional bodies in Cyprus.
Leandra Papantoniou has over 15 years of experience in the real estate market. She started as a real estate agent working in local companies and selling to many clients including KARMA Developers.
In 2011, she joined KARMA Group as a Sales Executive and have progressed and grown over the years to her current role: leading, co-ordinating and organising the Sales team. She has handled many important projects such as Joint Venture co-operations and have managed to build longlasting relationships which have led to further investments for the Company.
Demetra Lili has been working for KARMA Group for the last 10 years and has extensive experience in the real estate sector.
She started working as an Accountant for EDEN Square until she got promoted to her current role.
She is currently in charge coordinating the accounts team, payments and handling accounts for all KARMA Group.
Costas Koumi joined KARMA Group in 2016 after gaining extensive experience in many relevant fields. Indeed, he has worked for 5 years as a political advisor in the House of Representatives and served as a Director in a private college.
In 2012 he switched careers and became the Director General of Famagusta District Development Agency whereas since March 2014 till today he serves the country’s tourism sector as the Vice – Chairman of the Cyprus Tourism Organisation. As Business Development Manager of KARMA Developers, he actively pursues-strategic opportunities for the company, cultivates partnerships and identifies new markets for its products or services.
Lefteris Souttos has been working for KARMA Group since 2014. He has over 10 years of experience in the real estate sector.
His expertise focuses on Sales, Marketing and Business Development in international markets such as the UK, Russia, Iran, China, the Middle East.
As a Business Development Director, he is in charge of the promotion of KARMA Developers and the global expansion of its business. Lefteris holds a degree in Business Administration and an MBA with dual concentration in Tourism and Finance.
Pavlos Tsiolakkis has been a member of KARMA Group for the last 7 years. He started his career in the Group as a Financial Controller and has gradually grown to his current role as a Finance & Operations Director. Before joining KARMA, he worked for big Accounting Firms as an Auditor.
Pavlos’ main responsibilities in KARMA include financial and business analysis, projects management, and budgets and liquidity evaluation. He holds a degree in Business Administration with a focus on Accounting & Finance and a Diploma from ACCA.
Alexandros Alexi has only recently joined KARMA. However, he has over 15 years of experience in the real estate sector. During his career, he has worked for big projects both in Cyprus and Dubai.
As a Construction Manager, he coordinates the progress of projects and is responsible for the staff of the construction department, tenders and materials used, payments of subcontractors and suppliers, meeting with clients, work quality and project cost control.
Alexandros is a Civil Engineer and holds a Bachelor Degree in Civil Engineering.
Elena Tzetkova has worked for 20 years in a hospitality industry and has only recently joined KARMA Group.
As a TLC Property Manager, she supervises technicians’ daily duties and oversees the administration and liaison with sub-contractors and customers, also dealing with customers’ needs and complaints.
She holds diplomas in Business Management and Interior Design Higher and is also a certified Quality Assurance Manager.
Andri Kkolou has been working for the Group since 2007 and is one of KARMA’s most senior employees.
She began her career as a Salesperson for KARMA Hellas. In 2008,she started working exclusively in the Cyprus Sales Department, successfully selling properties until the end of 2017.
As a Property Rentals Manager, she now focuses on setting company goals, making and maintaining local and international relationships, and supervising her staff. Andri has previous valuable experience in the banking sector and holds a Bachelor degree in Business Administration.
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