The National Betting Authority consists of a seven-member Authority consisting of a President and six (6) Members that are appointed by the Council of Ministers. They are professionals of good repute, with scientific knowledge, professional capacity and expertise. The term of office for the President and members of the Authority is three years and may be renewed for a second three-year term.
As President of the Authority, an independent person is appointed of good repute and honesty, a holder of a university title in law or finance or in commerce or in industry and well-established experience in these fields. The President heads the Authority, leads the work, and has the general supervision of the operations of the Authority, represents the Authority, convenes and chairs the meetings of the Board.
Respectively, the six appointed members of the Board are professionals of good repute, with scientific knowledge, professional capacity and expertise consistent with the Authority’s powers. The following are appointed members of the Authority:
(a) a representative from –
(i) The Accountant General’s Office of the Republic
(ii) The Ministry of Finance
(iii) The Ministry of Justice and Public Order and
(b) three individuals of good repute and honesty with specialised knowledge consistent with the Authority’s powers.
The NBA was established in 2012, following The Betting Law of 212 106(I)2012. The composition of the Board was later renewed after the decision no. 79.408. of the Council of Ministers, as follows:
- Ioanna Fiakkou
- George Demosthenous
- Eleni Pitta
- Constantinos Papageorgiou
- George Diogenous
- Alexandros Ioannidis
- Phivos Zachariades