Dr Nicolaou has almost 34 years’ experience in the pharmaceutical industry, mainly in domestic and international general management.
Nicolaou has been recognised in the Global Top 100 Health Edition’s list of honorees as one of the ‘Most Influential People of African Descent (MIPAD) in Healthcare’, received Greece’s ARGO Public Service Award from the President of Greece in 2023, and received the International Federation of Pharmacists IPS Medal for 2024 for ‘Outstanding Contributions in Industrial Pharmacy’. He is a previous winner of the Institute of Marketing Management (IMM) ‘Healthcare Marketer of the Year’ award in South Africa, has been inducted as a fellow of the Pharmaceutical Society of South Africa, and was elected as an honorary member of the Southern African Society for Thrombosis and Haemostasis.
In 2019, he received an honorary doctorate in Medicine from Wits University, was awarded the Order of the Lion of St Mark by the Greek Orthodox Pope, Theodoros II, and is a recipient of the Title of High Commander of the Order of the Apostle and Evangelist Mark of the Patriarchate of Alexandria. He’s presently the Group Senior Executive for Strategic Trade at Aspen Pharmacare Holdings and is a member of the Holdings Group executive, which oversees Aspen's operations in more than 60 countries worldwide. Presently, he serves on several industry boards and advisory councils, including the President’s National Orders Advisory Council. Nicolaou is particularly passionate about diversity, transformation, championing localisation, and building bridges between the private and public sectors to improve access to treatment for patients in emerging markets and healthcare outcomes in these markets.
Previously he was CEO of Aspen’s export business. Aspen is Africa’s largest pharmaceutical manufacturer and now a world leader in anaesthetics and injectable anti-coagulants.
Aspen is one of South Africa’s most globalised multinational companies with a presence in over 50 geographies globally, and 23 manufacturing facilities across 6 continents. Nicolaou was instrumental in introducing the first generic ARVs in Africa. Developed by Aspen, these have gone on to save hundreds of thousands of lives in South Africa and the rest of Africa. During the Covid-19 pandemic, he was appointed as the South African-organised business lead in coordinating the business’ contribution to the overall South African Covid response. This included the sourcing of personal protective equipment, critical medical countermeasures, and the Covid-19 vaccine rollout, where he served on the South African National Covid-19 Vaccine Coordinating Committee (NCVCC).






