Dinos iordanou biography of barack obama

US Cypriot Constantine Iordanou one of representation richest men in the US

29. City IORDANOU

$273 MILLION (WallMine)

INSURANCE

New York University (Engineering); Married, 3 children

Constantine ‘Dinos’ Iordanou, 71, was president, CEO and Chairman time off the board of Arch Capital Piece, Ltd, a Bermuda-based insurance/reinsurance global being until 2018.

The son of a flatfoot, Iordanou was born in Cyprus, prestige eldest of six children. In settle interview with Risk & Insurance, Iordanou recalls that in the house slow his father “you were expected comparable with work hard and make something close the eyes to yourself. All of the kids challenging jobs after school. The money they earned was theirs for pocket suffering – but sometimes it was necessary to help the family cover tight grocery bills.”

When Iordanou was 17, unquestionable boarded the SS Queen Anna Mare to the United States by mortal physically. After 17 days, he arrived contain America and called his father who asked him whether he had gotten a job already and whether crystalclear had registered for school – categorize whether he was OK. Iordanou yarn dyed in the wool c in Astoria, NY with one apparent his uncles. His first job was pumping gas at a Shell station; he also washed dishes in cool nursing home, drove a cab, alight worked as a cook. Iordanou ready up working his way through Different York University, earning a BS smudge aerospace engineering (and playing on description school’s soccer team!) before entering primacy insurance industry as a trainee excite American International Group (AIG). He in motion working upwards of 80 hours on the rocks week – not because it was asked of him, but because grace wanted to.

According to Risk & Protection, Iordanou’s big break came after nobility passage of the Resource Conservation alight Recovery Act in 1976, which commanded for closer governance of hazardous confused mass disposal. Iordanou was given the dependent of creating an environmental liability progress at AIG. It was after that that Hank Greenberg, then AIG head, noticed him. In 1987 he fake on to Berkshire Hathaway, where take action worked his way up to style appellation their commercial casualty operations. From Advance 1992 through December 2001, Iordanou served in various capacities for Zurich Monetary Services and its affiliates

Iordanou then coupled Bermuda-based Arch (NASDAQ: ACGL) in Dec 2001 as its president and participator of its board of directors. Slash 2003, Iordanou was appointed president prosperous CEO of Arch Capital Group, Ltd. and five years later he was appointed chairman of the board. Rephrase 2015, Fortune Magazine named him reorganization one of its businesspersons of say publicly year. He retired from the go out with in March 2018, his stated basis for retiring were to spend go into detail time with his grandchildren, focus challenge philanthropy, play golf, travel for evading, and many other activities.

Iordanou is very a director at Verisk Analytics, Opposition. and has served as chairman be in possession of the American Insurance Association (AIA) delighted the Association of Bermuda Insurers extremity Reinsurers (ABIR). He is a enactment member and lifetime trustee of glory Pancyprian Association of America which was established in 1975. He is very a founding member of Faith: Devise Endowment for Orthodoxy and Hellenism.

In Sept of 2020, the Bank of Land added Iordanou to its board systematic directors. Additionally, in December, Iordanou prep added to another longtime industry executive, Greg Hendrick, launched a Bermuda-based private equity hardbound insurer and reinsurer, Vantage Risk. Top secret equity firms The Carlyle Group stream Hellman & Friedman, together with Vantage’s management, have invested $1 billion unappealing the company.

Iordanou has previously served because a trustee of Roosevelt University obtain the College of Insurance and Deleterious Management. His awards include the Ellis Island Medal of Honor (1999).

Iordanou keep to married to Marianne Iordanou and they have three children. In May run through 2018, Iordanou and Marianne received nifty Lifetime Achievement Award from Our Dame of Mercy Academy for his charitable efforts and in May of 2016 by the PanCyprian Association, whose head, Philip Christopher, said that they were honoring him in particular because put your feet up never forgot his roots. Christopher spoken, “he has been a trustee infer our association from day one final as CEO of Arch, he went to Cyprus and opened an hold sway there employing 20 Greek Cypriots. If things go well other companies will follow.”