IHL MD Receives Distinction










The Managing Director of Island Oil (Holdings) Ltd, Chrysostomos Papavassiliou, has been awarded as the 2015 Business Leader in the Shipping Sector by the Cyprus Chamber of Commerce and Industry (“KEBE”). According to KEBE and joint organizer IMH, the awards seek “to recognize those who operate with integrity and ethos, who have gained the respect of their own employees as well as that of their competitors and the broader business community, and who work on the basis of the key principles that characterize a successful leader: dynamism, innovation, foresight, and knowledge.”

The awards ceremony, held at the Evagoras Lanitis Center in Limassol on Friday, was inaugurated by the President of the Republic of Cyprus, His Excellency Nicos Anastasiades, and was attended by important figures of the Cyprus business world.

When called to the podium to receive his award, Mr. Papavassiliou thanked his family and colleagues at Island Oil, noting that “behind every achievement, there is always a team effort.”

“Therefore”, he continued, “this recognition really belongs to the Island Oil team, i.e. the Board of Directors, the Managerial and non-Managerial personnel, who with their hard work and support built a gradual growth and continue to meet the company’s targets and objectives.“

Thanking the Island Oil team for its loyalty and support, he closed his speech by noting: “I am certain that with the same devotion, teamwork and determination, our organization will continue to flourish.”

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