People category powered by

Nearchos Petrides named Young Entrepreneur at CBN Young Dragon Awards

20:42 - 02 December 2024

People

Nearchos Petrides, CEO at Ellinas Finance has been named the Young Dragon in the Young Entrepreneur category at the first CBN Young Dragon Awards.

Petrides was awarded during a ceremony at Nicosia’s Municipal Theatre on 2 December.

Nearchos Petrides, the CEO of Ellinas Finance Public Company Ltd since 2019, joined the firm as an Executive Officer, managing a lending portfolio of €14 million. He later led the firm’s Business Development strategy and, by 2017, had expanded its factoring business under the “Tech-Enabled Smart Factoring” brand, making it Cyprus’ only independent factoring solutions provider.

Following his appointment as CEO in 2019, he guided the firm’s digital transformation, launching the “Fast E-Loan” service in 2020 and “GoGet,” Cyprus' first Buy-Now-Pay-Later service in 2021, which has transformed consumer behaviour. In 2023, he launched Ellinas Insurance Brokers. Under his leadership, Ellinas Finance’s active loan portfolio has grown to €25 million, with the goal of reaching €35 million by 2025 and €50 million by 2028.

The CBN Young Dragon Awards are presented by Cyta Business, the Gold Sponsor of the Awards is Punin Group, the Young Dragon Champion Sponsor is Ecommbx and Nespresso is the Awards Sponsor.

News Feed

Read More

Phanos Theophanous on why traditional wealth managers must adapt to modern trends
Georgios C. Georgiou: It’s never too early to go out and get real-life, hands-on financial experience and to start investing
Clélia Chevrier Kolačko: Major French companies play an active role in Cyprus’ economic development
John Sergides: You can have the best skills in the world but, without the right mindset, your success will always be limited
SignalGeneriX's COO on how drones, robotics and AI are taking "centre stage in the theatre of modern warfare"
InterMaritime Shipmanagement appoints Nicos Paneras as Chief Strategy Officer
Vladimiros Tziortzis: Motorsport is in my blood, I want to develop it in Cyprus to the level it deserves
The Landmark Nicosia: Coen van Dijck on what it takes to redesign a building constructed over three time periods
Antonios Achilleoudis on founding AXIA and the investment banking landscape in the US and Europe
Kypros Tsentas: For international contractors, the Cyprus market offers business opportunities in the public as well as in the private sector