Andreas Vgenopoulos (10 December 1953 − 5 November 2016) was the chairman of
Marfin Investment Group
MIG Holdings S.A. (also known as MIG) is a Greece, Greek investment company. It has acquired several companies and has changed name several times since. In 2004 it took the name ''Marfin Financial Group'' following the triple merger of ''Comm G ...
and was a major shareholder of
Panathinaikos FC
Panathinaikos Football Club ( ), known as Panathinaikos, or by its full name, and the name of its parent sports club, Panathinaikos A.O. or PAO (; ''Panathinaïkós Athlitikós Ómilos'', ), is a Greek professional Association football, footbal ...
. Vgenopoulos resigned from Panathinaikos in June 2010 citing differences with
Giannis Vardinogiannis. His departure disappointed the fans of Panathinaikos. Vgenopoulos owned 1% of Marfin Popular Bank and 1,5% of the Marfin Investment Group. He had also been a Greek champion of
Panathinaikos' Fencing department.
[Andreas Vgenopoulos at Sports Reference]
/ref> He is considered as one of the criminals who created the 2012–2013 Cypriot financial crisis
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Government ...
, causing enormous issues and eventual closure of Marfin Laiki Bank. Furthemore, his death is still being doubt by various countries as staged due to the imprisonment he would have faced.
Education and business career
Vgenopoulos graduated from University of Athens
The National and Kapodistrian University of Athens (NKUA; , ''Ethnikó kai Kapodistriakó Panepistímio Athinón''), usually referred to simply as the University of Athens (UoA), is a public university in Athens, Greece, with various campuses alo ...
with a degree in Law and from Long Island University
Long Island University (LIU) is a private university in Brooklyn and Brookville, New York, United States. The university enrolls over 16,000 students and offers over 500 academic programs at its main campuses, LIU Brooklyn and LIU Post on Long I ...
(U.S.) with an MBA
A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...
.[
Vgenopoulos was a shareholder of Panathinaikos FC until June 2010, owning 20% of the club's shares. He was also a member of the board of directors of the club alongside Giannis Vardinogiannis and Pavlos Giannakopoulos. Panathinaikos is now owned by "Panathinaiki Symmahia" (Panthenaic Alliance) with Giannis Alafouzos as president.
Vgenopoulos was also the chairman of ]Olympic Air
Olympic Air S.A. () is a regional airline and a subsidiary of the Greece, Greek carrier Aegean Airlines. It was formed as part of the privatization of the former Greek national carrier Olympic Airlines, a company that carried the name Olympic A ...
, the oldest Greek airline. Marfin Investment Group (MIG) bought the company from the Greek government on 1 October 2009. During the last three years, Mr. Vgenopoulos' MIG fund has seen the wealth deteriorate, it is reported that it has lost 95% of its value. Mr. Vgenopoulos is in the process of selling Olympic to Aegean.
On 12 July 2016 the Board of Directors of MIG decided on broad changes in the management of the group with the replacement of Andreas Vgenopoulos as Chairman. Andreas Vgenopoulos remained a simple – non-executive – member. On 14 July 2016 he was appointed Chairman – non-executive member – of the Board of Directors of Hygeia Hospital.
In January 2008 he proceeded to the creation of the Panathinaikos Union Movement (PEK), with the aim of multi-shareholding or the acquisition of Panathinaikos FC and the strengthening of amateur Panathinaikos.
He died on Saturday 5 November 2016, at 03:30, from cardiac arrest, according to a statement issued by Hygeia Hospital of which he was president.
References
External links
grreporter.info
paomprosta.gr
1953 births
2016 deaths
Fencers from Athens
Greek male fencers
Panathinaikos fencers
Panathinaikos A.O.
Olympic fencers for Greece
Fencers at the 1972 Summer Olympics
Greek football chairmen and investors
Greek businesspeople in shipping
National and Kapodistrian University of Athens alumni
20th-century Greek sportsmen
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