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Cyprus

Former long-time BoC chairman dies aged 84

Solon Triantafyllides

Solon Triantafyllides, a former long-time Bank of Cyprus (BoC) chairman and board member has died aged 84 after a long illness, it was announced on Sunday.

Triantafyllides was born in 1932. He qualified as a chartered accountant in London in 1956 and was also founder and first president of the Association of Certified Public Accountants of Cyprus. He also served one time as president of the Employers and Industrialists Federation at the end of the 1960s. He was appointed Honorary Consul of Norway in 1957 and Consul General in 1988.

Triantafyllides was joined the BoC board in 1963, made vice chairman in 1979, and served and chairman of the Group between 1988 and 2005.

It was a period of tremendous growth for the bank mainly through its expansion in Greece. Triantafyllides is credited with boosting the BoC’s Cultural Foundation but regarded his greatest achievement, according to Politis, as the creation of the Bank of Cyprus Oncology Centre.

BoC issued an announcement later on Sunday expressing the sorrow  of management and staff and sending “deepest condolences to the family of Solon Triantafyllides”.

The funeral will take place on Monday in Nicosia.

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