{"id":4777,"date":"2024-03-20T11:00:24","date_gmt":"2024-03-20T09:00:24","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=4777"},"modified":"2024-03-20T11:00:24","modified_gmt":"2024-03-20T09:00:24","slug":"a-career-in-the-world-of-money","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=4777","title":{"rendered":"A career in the world of money"},"content":{"rendered":"<p><strong>In the Queen of Money, THEO PANAYIDES meets a woman bored by the easy things, striving to overcome her impostor syndrome to shape change<\/strong><\/p>\n<p>It\u2019s a strange thing about money. \u201cMoney is a tool for our wellbeing,\u201d says a quote by Cleopatra Kitti on the Queens of Money website (queensofmoney.com), and it obviously is \u2013 yet we\u2019re not taught at school how to handle it, we don\u2019t understand how it works. Money, in fact, is political, closely allied to power and influence. Money belongs to the markets, the super-rich and the big corporations, those faraway forces ruling our lives.Cleopatra launched Queens of Money \u2013 one of her various projects \u2013 just before Covid, seeking to empower women and improve financial literacy. It\u2019s based on her own experiences, \u201con my learnings, and failings, in managing money, and driving my life in a direction I wanted to go, rather than being led by situations\u201d \u2013 but it also gains its power from her status as an insider. <strong>Simply put, she comes from the world of money<\/strong>: the aforementioned faraway world, the corporate world, the influential world of technocrats and globalists.Her LinkedIn page describes her as an \u201cadvisor to international organisations\u201d \u2013 and she\u2019s done (and continues to do) some of that, working in public relations and communications. She worked abroad for two decades \u2013 from the late 90s till her return to Cyprus in 2018 \u2013 her various big-name clients including even our own government, after the haircut in 2013, helping Cyprus \u201ctell its story on the collapse of the economy\u201d. She\u2019s on the board of Eurobank Cyprus, a member of the Insead Independent Directors Network, a \u201cphilanthropist for peace\u201d with the Brussels-based NGO International Crisis Group; the seed money for Queens came from UNDP, the United Nations Development Programme. Cleopatra Kitti knows her way around big organisations.Her life was always (for want of a better word) privileged \u2013 but also more than that. She was raised in Nicosia \u201cby a very loving, conservative family. My father and mother raised my sister and I [to be] very \u2013 proper, if I may say. The expectations were very clear: get good grades, be a good student. Having good manners. Being likeable. Don\u2019t get off the beaten track.\u201dThe family moved in prestigious circles. Her father Dinos served for two years as commerce minister \u2013 making for a happy symmetry when Cleopatra was headhunted by the Bank of Cyprus in her 20s (\u201cwhen it was transitioning from a bank into a financial services group\u201d) and approached by Charilaos Stavrakis, who later became finance minister. Needless to say, her parents were delighted by the offer: \u201c<strong>They insisted that I go and work for a bank, so I can retire at the age of 60<\/strong>\u201d.Then again, that\u2019s only half the story. For a start, she\u2019s on the brink of turning 60 now (her birthday is on March 31) but has absolutely no plans to retire, her professional life consumed by another project called the Mediterranean Growth Initiative (MGI) \u2013 a machine-learning, data analysis platform for all the Mediterranean economies \u2013 as well as Queens of Money, a podcast called Koumanto Stin Tsepi Sou (\u2018Control Your Pocket\u2019), and her various clients. In fact, she only stayed at the bank for a couple of years: \u201cThere was a lot of \u2018You cannot do this\u2019. So I said, I have to use my energy somewhere where I can do things\u201d.She always wanted more, that\u2019s the point. \u201cI always sought change\u2026 I was bored by doing the easy things.\u201d The prim and proper upbringing didn\u2019t really take \u2013 though she wasn\u2019t a rebel in the sense of being belligerent, or anti-social. At school she was an average student but \u201cvery likeable\u201d, a popular girl: \u201cI didn\u2019t make good grades, I was very socially involved. I was very sporty, very engaged in the social life of the school\u201d. Cleopatra shrugs, trying to pin her teenage self down: \u201cI just wanted to experience life\u2026 See places, do things, explore things\u201d.She studied in London, an executive secretarial course at St. Godric\u2019s (she didn\u2019t have the grades for Law, her first choice) followed by Business and Communications. Back in Cyprus, still in her early 20s, \u201cI created a job for myself at the Hilton. I kind of walked into the general manager\u2019s office and told him: \u2018I think your PR is not as good as it should be, and I have some ideas\u2019\u2026 He was very open to that, so I did a presentation\u201d. She was with the Hilton for about five years, then Bank of Cyprus, then her own PR and public affairs firm which she founded with an American friend \u2013 then the Hilton flooded back into her life in a whole other way because she fell in love with the (new) general manager, a Dutchman at the tail-end of his posting. \u201c<strong>And I had to make a choice<\/strong>,\u201d as she says: \u201cWhether to follow my heart, or keep doing what I was doing and stay here.\u201d<img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-764709 size-full lazy\" src=\"http:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/03\/a-career-in-the-world-of-money.png\" alt=\"profile cleopatra kitti\" width=\"800\" height=\"533\" data-sizes=\"(max-width: 800px) 100vw, 800px\">She chose the former, leaving Cyprus (initially for Turkey, of all places) and joining her new husband on his various postings \u2013 though at this point we should probably take a step back, and try to take in the woman as well as the r\u00e9sum\u00e9. \u201cWhen I talk about myself, my work and my life are one,\u201d says Cleopatra. \u201cMy personal story is defined by my work, my professional story.\u201d Yet the personal journey \u2013 and her journey in the world of money, on which more later \u2013 has been subtly different to the professional one, and often more challenging.Wasn\u2019t she confident, though, marching into the manager\u2019s office like that and staking a claim for herself? \u201cIn my impostor syndrome, I was quite confident,\u201d she replies. \u201cIt\u2019s bizarre.\u201d Deep down, she was frequently beset by insecurity and self-doubt (she\u2019s been in therapy, on and off, for several years), the bright-eyed fa\u00e7ade hiding a deep-seated fear \u2013 impostor syndrome in action \u2013 that the \u2018real\u2019 Cleopatra was less impressive than the one people saw. Relationships, for instance, have always been the most important thing in her life and work, whether sociable teen or working with clients \u2013 yet it\u2019s also true that, when she met the Dutch hotelier in her early 30s, she was already a divorcee with a toddler son.Cleopatra was engaged at 19, to \u201ca very lovely Cypriot man\u201d. Their son Phivos (now 31) was born a decade later \u2013 but by then, the marriage was faltering. \u201cI cannot speak for [my husband],\u201d she says now, \u201cbut for myself, I think you begin to realise that you want different things in life. And I think no relationship stays the same forever.\u201dHer second marriage too ended in divorce, in 2009 \u2013 and by then, again, much had shifted in her life, the change from early 30s to mid-40s being almost as profound as the change from 19 to 29. Like she said, she\u2019s always sought change \u2013 no relationship stays the same forever \u2013 or maybe it\u2019s fairer to say that <strong>change is inevitable, \u201cso we either shape it, or we allow it to come and find us<\/strong> \u2013 and find us, most probably, unprepared. So I\u2019ve always been one of those people that tries to shape change, and lead it\u201d.Each of her four adult decades has been quite distinct. Her 20s in Cyprus, professionally confident but unsure in her marriage. (The divorce must\u2019ve been quite a shock; nice Cypriot girls from good families didn\u2019t divorce in the 90s.) Her \u201cintense\u201d 30s in various Hiltons \u2013 Turkey, Greece, Holland, Brussels, London \u2013 going back to school to study EU Institutional Relations while also raising a young son, then getting a job at APCO Worldwide where she stayed for 13 years. Her successful 40s, culminating in being headhunted by FTI Consulting whose then-chairman, Lord Malloch-Brown, was \u201clooking to build a team to run a global-affairs practice\u201d based out of Dubai. Her self-reliant 50s, launching her own projects (with mixed success; a consulting firm in Brussels \u201cdidn\u2019t work out\u201d), including MGI and Queens of Money.It\u2019s a strange thing about money. It\u2019s so central to our lives \u2013 yet it, too, is subject to change, which is liable to find us unprepared. That\u2019s especially true for women \u2013 not because they\u2019re less savvy than men but because they\u2019re paid less to begin with, and may end up trying to survive on a lower pension (unsustainably low, in Cyprus) unless they do something about it.Cleopatra learned about money the hard way \u2013 and surprisingly late, given her years in the world of business. \u201cI was earning a lot, spending a lot, and I had no savings,\u201d she recalls. \u201cI was transitioning out of my second divorce, which had many responsibilities: a lot of money-management issues to deal with, debt, property, getting my kid through university, looking after parents\u2026\u201d Like many women, she\u2019d never really focused on personal finances, delegating all of that to her husband \u2013 \u201cso when I divorced, I had to actually learn things from scratch. And it\u2019s a mistake, we have to own our decisions\u2026 We co-create with our partners\u201d.That line \u2013 \u2018We co-create with our partners\u2019 \u2013 could be used for something else too, something dear to her heart in another way: the relationship between Cyprus and the EU, a big preoccupation since she returned to the island six years ago. \u201cMy goal is to be a bridge between Brussels and our region \u2013 because we\u2019re a region that doesn\u2019t claim as much as the Nordics do,\u201d she explains. \u201cWe take passively the [EU] policies, without shaping policies.\u201d It\u2019s not just coincidence, or small-country politics \u2013 it\u2019s a cultural thing: for whatever reason (probably centuries of history) <strong>we have low self-esteem as a nation, we don\u2019t feel empowered<\/strong>. \u201cWe don\u2019t have a culture to go and tell a story in Brussels.\u201dIt all comes together: her own personal struggle to find inner confidence and conquer impostor syndrome, her journey to being in control in the world of money (\u201cTo understand how money works,\u201d she says, \u201cso you can make it work for you\u201d) \u2013 and now the quest to make Cyprus more proactive, like she used to do with clients.One might even discern a link to her upbringing, the adolescent thirst for experience and seeing the world \u2013 because that\u2019s the basic problem in Cyprus, we\u2019re stuck to \u2018the beaten path\u2019 instead of looking outwards and forming alliances. \u201cWe\u2019re the only isolated market in the EU,\u201d sighs Cleopatra. \u201cInfrastructure-wise, but also outlook-wise. I think we think Brussels is far away.\u201d She shakes her head: \u201cBrussels is part of the way we regulate and shape our life, so we have to be more involved. Our voice needs to be heard\u2026 The future is regional. <strong>The future is not [about] making Cyprus even smaller<\/strong>\u201d.This, in the end, is perhaps the salient trait in Cleopatra Kitti: a certain expansiveness, a desire for more, a willingness to take risks \u2013 not out of recklessness but a kind of innate sociability, a thirst for excitement. She\u2019s positive and \u201cusually a giver, by nature\u201d. She looks back \u2013 on the brink of turning 60 \u2013 without anger or bitterness, seeing the silver lining in her occasional failures and also \u201cwith a lot of respect for both of my former husbands, because they both added to my life \u2013 and to my son\u201d. Her international career wasn\u2019t driven by ambition, necessarily \u2013 more by following her heart, and because it seemed more exciting than staying in Cyprus. \u201cTo me, it\u2019s not money,\u201d she tells me. \u201cIt\u2019s experiences. It\u2019s getting to know people, understand cultures. Be a citizen of the world.\u201dSome would say she had no grand passions. Her life was (and is) mostly work, albeit high-powered work. (Any vices she\u2019d like to share with the readers? \u201cI love bread and cheese,\u201d she replies, a little desperately.) She enjoys reading, exercising; she abhors social media. Her jobs were always busy, all-consuming. Cleopatra is a technocrat, her work with clients \u2013 especially when she worked abroad \u2013 involving wonky things like stakeholder maps, \u201ca heat map of risk\u201d, \u201ca benchmarking plan\u201d. It\u2019s the language of the corporate world, the world of money.And now? Life is good, if a tad less high-powered. \u201cI do the things I enjoy doing, I work with people I respect.\u201d She works from home, getting up at six to exercise for an hour (maybe yoga, or a walk in the park). She\u2019s in a relationship, and surrounded by friends and family. Has Cleopatra Kitti figured out life? Probably not \u2013 just because that\u2019s impossible. But she\u2019s figured out money, and that\u2019s a start.Follow the<br \/>\nCyprus Mail  on Google News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cleopatra Kitti launched Queens of Money before Covid to empower women and improve financial literacy, drawing from her own experiences with money management. She comes from a background in the corporate and financial world, having worked abroad for two decades with various prestigious clients, including governments. Kitti has served on the board of Eurobank Cyprus and is a member of the Insead Independent Directors Network. She has been involved with the International Crisis Group as a philanthropist for peace. The seed money for Queens of Money came from the United Nations Development Programme (UNDP). Kitti&#8217;s professional journey includes working for the Bank of Cyprus, founding her own PR and public affairs firm, and being engaged in various projects like the Mediterranean Growth Initiative (MGI) and a podcast called Koumanto Stin Tsepi Sou. She has faced personal challenges, including overcoming impostor syndrome and navigating life through two divorces while raising a son. Kitti emphasizes the importance of understanding and managing money effectively, especially for women, and advocates for Cyprus to be more proactive and involved in shaping EU policies.<\/p>\n","protected":false},"author":3,"featured_media":4778,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[862,1902,39,2510,186,2134,936,1240,1498,432,303,3,2369,898,1227,2403,26,358,379,2459,569,518,2090,250,415,747,658,187,28,450,1394,34,429,2628,1193,406,2124,2629,435,301,1004,284,2061,433,1806,817,177,1759,380,1944,1100,18],"class_list":["post-4777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyprus","tag-age","tag-bank","tag-bank-of-cyprus","tag-brussels","tag-business","tag-challenges","tag-cheese","tag-clear","tag-confidence","tag-covid","tag-culture","tag-cyprus","tag-data","tag-debt","tag-divorce","tag-driving","tag-economy","tag-energy","tag-eu","tag-family","tag-finance","tag-finance-minister","tag-financial-literacy","tag-google","tag-government","tag-greece","tag-history","tag-international","tag-jobs","tag-london","tag-man","tag-markets","tag-marriage","tag-money","tag-nature","tag-nicosia","tag-park","tag-personal-finance","tag-podcast","tag-politics","tag-power","tag-property","tag-relationships","tag-school","tag-services","tag-social-media","tag-turkey","tag-united-nations","tag-us","tag-woman","tag-women","tag-world"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- 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