Angeliki Frangou (; born 1965) is a Greek
shipowner
A shipowner, ship owner or ship-owner is the owner of a ship. They can be merchant vessels involved in the shipping industry or non commercially owned. In the commercial sense of the term, a shipowner is someone who equips and exploits a ship, us ...
,
chairman, chief executive officer and Director of
Navios Maritime Holdings., of Navios Maritime Partners L.P., of Navios Tankers Management Inc. and Navios Maritime Acquisition Corporation.
Early life and education
Frangou was born in 1965, in
Chios
Chios (; , traditionally known as Scio in English) is the fifth largest Greece, Greek list of islands of Greece, island, situated in the northern Aegean Sea, and the List of islands in the Mediterranean#By area, tenth largest island in the Medi ...
, to a family of shipowners from the village of
Kardamyla.
Her father is the shipowner Nikolaos (Nikolas) Frangos.
She has a brother Ioannis (John), and two younger sisters (Katerina) and (Maria).
Her brother is also a shipowner with his own company and both them are the fourth generation of shipowners in the family.
Frangou obtained a bachelor's degree in
mechanical engineering
Mechanical engineering is the study of physical machines and mechanism (engineering), mechanisms that may involve force and movement. It is an engineering branch that combines engineering physics and engineering mathematics, mathematics principl ...
from
Fairleigh Dickinson University
Fairleigh Dickinson University () is a private university with its main campuses in New Jersey, located in Madison / Florham Park and in Teaneck / Hackensack. Founded in 1942, Fairleigh Dickinson University offers more than 100 degree prog ...
and a master's degree in mechanical engineering from
Columbia University
Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Churc ...
.
Navios Group
In 2004, Frangou raised $200 million to buy Navios. Previously she was working on
Wall Street
Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...
as an analyst on the trading floor of
Republic National Bank for a couple of years. As of December 2014, Navios Group controls 149
dry bulk carriers, 50
tankers and 12
container vessels.
Between 2004 and 2014, "the Navios group has raised a shade under $10bn in financing - $6.3bn from the capital markets and 3.6bn from bank debt". Angeliki Frangou demonstrates an acute ability to grasp both the financial and shipping markets. "She is just as happy to mull over the
fuel economies that can be achieved by proper
sandblasting
Sandblasting, sometimes known as abrasive blasting, is the operation of forcibly propelling a stream of abrasive material against a surface under high pressure to smooth a rough surface, roughen a smooth surface, shape a surface or remove su ...
as she is to discuss the intricacies of financial tools". Asked about the role of women in top posts in shipping, she retorted that "I don't believe in gender, race, religion. I think it's what you want to make it. If you ever thought that you work in a company for any other reason than your ability, you should leave!"
Awards & mentions
In 2014, Frangou was listed 11th in the Lloyd's List ''Top 100 Most Influential People in Shipping'' list. In 2013, Frangou was mentioned on
CNN
Cable News Network (CNN) is a multinational news organization operating, most notably, a website and a TV channel headquartered in Atlanta. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable ne ...
's International Leading Women. In 2011, she was named the 50th most powerful businesswoman in
Fortune Magazine
''Fortune'' (stylized in all caps) is an American global business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, a global business media company. The publication was founded by Henry Luce in 1929. T ...
. Also, she was named as Connecticut Maritime Association's Commodore for the year 2011. In 2020, in collaboration with Vangelis Marinakis and ION S.A., they made a donation of 1.5 million euros to the General State Hospital of Nice to help fight the coronavirus. The donation included 14 new, fully equipped intensive care units.
Personal life
Frangou has one son named Nicolas, which was christened in
Kardamyla and a daughter named Stella who was christened in Kifissia.
She loves the opera and likes to collect Greek, Byzantine and Chinese artwork.
References
External links
Angeliki Frangou Company bio
Navios Maritime Partners L.P.Navios Tankers Management Inc.Navios Maritime Acquisition CorporationNavios Maritime Holdings
{{DEFAULTSORT:Frangou, Angeliki
1965 births
Greek women in business
Columbia School of Engineering and Applied Science alumni
Living people
Fairleigh Dickinson University alumni
Women chief executives
Greek chief executives
Greek businesspeople in shipping
Businesspeople from Chios
21st-century Greek businesspeople
21st-century Greek businesswomen
20th-century Greek businesspeople
20th-century Greek businesswomen