Chloe Karacosta

Senior Manager, Risk Consulting

KPMG in Cyprus

Chloe is a Senior Manager in Risk Consulting at KPMG in Cyprus, with 16 years of experience spanning consulting, professional services, and a London-based investment bank. A certified PRINCE2 Project Manager, she specialises in financial planning, risk analysis, and regulatory transformation, with a strong focus on the Digital Operational Resilience Act (DORA). She has successfully managed high-profile projects for major banking institutions, serving as a sell-side advisor in non-performing portfolio transactions and fostering key stakeholder relationships. Chloe has led internal control framework reviews for Cypriot banks and insurers, conducting walkthroughs and assessing control effectiveness in line with the Central Bank of Cyprus' governance directive. Additionally, she has supported the preparation of financial statements using Caseware for various local insurance firms, demonstrating a deep understanding of accounting and reporting requirements. Her diverse expertise and leadership across risk, compliance, and financial transformation make her a trusted advisor in the financial services sector.

  • Advisory
  • Financial Services
  • Internal Audit, Risk and Compliance Services
  • Risk Consulting
  • BSc in Accounting and Finance, University of Southampton

  • PRINCE2 Practitioner in Project Management

  • Fellow Chartered Accountant ('FCA'), Institute of Chartered Accountants in England and Wales

  • Diploma in Charity Accounting’ (DChA), Institute of Chartered Accountants in England and Wales