Ellinas Finance founder and chairman Emilios Ellinas has died

Ellinas Finance Public Company Ltd has announced the death of the Company's founder and chairman, Emilios Ellinas.

According to the company, Emilios Ellinas died on 14 June, at the age of 90, in Nicosia.

Ellinas had been the Chairman and Managing Director of Ellinas Finance PCL since December 1992.

He graduated from the Pancyprian Gymnasium in 1952.

Ellinas worked at Y. Shukuroglou & Sons as head of the Insurance Department until 1964. On 1 April,1955 he founded Emilios A. Ellinas & Co which was active in the import, sale and distribution of electrical household appliances and other goods (via the Mega Electric/ Scandia brand).

In 1964 he also founded the company Ellinas (Insurance Agencies) Ltd which represented various British insurance companies until 1982.

Ellinas was then appointed General Representative of the Cyprus public company Philiki Insurance Ltd as well as a member of the Board of Directors of Philliki Insurance Ltd.

Ellinas served as shareholder and member of the Board of Directors of the private companies, The United Five Development Company Ltd and The United Five Construction Company Ltd.

In 1992 he founded Ellinas Finance Public Company Limited of which he held the position of Chairman of the Board of Directors until his death, having also served as Managing Director from January 2003 to February 2019.

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