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TITAN Group announces with great sadness the passing of Theodoros Papalexopoulos

It is with great sadness that The Chairman and Board of TITAN Cement Company SA announce the passing of Theodoros Papalexopoulos, an emblematic leading figure of the Group for five decades.

During his term at TITAN, Theodoros Papalexopoulos also provided valuable services to society, industry and the economy – both nationally and at European level – having served as President of SEV - Hellenic Federation of Enterprises, founding member and Honorary President of the Foundation for Economic and Industrial Research (IOBE), as well as founding member of ALBA Graduate Business School. At the same time, he was actively involved in the fields of culture and social contribution.

Theodoros Papalexopoulos was deeply aware of the enduring responsibility companies have towards society. He was a pioneer in establishing this concept in our country by introducing it in TITAN and then in the wider business community.

He stood out in many aspects of societal action, creating institutions such as “Quality Islands” for the recognition of volunteerism, the "Citizens' Movement" for the awakening and active engagement of citizens and the program "FAOS - Creating a mentality for a lifetime" for the prevention of accidents at work and in schools. He also had a strong interest in preserving and promoting Greece’s cultural heritage, by contributing to, among other projects, the restoration of the Temple of Zeus in Nemea.

To pay tribute to the personality and contribution of the deceased, the Board of TITAN Cement Company SA, in its extraordinary meeting on 12 November 2020, unanimously resolved that:


  1. The Company's flags will be flown at half-mast, for three days, at the Group’s Head Offices and plants
  2. Donations to charitable organisations will be made in his memory
  3. The Resolution will be published in the Daily Press


The funeral of Theodore Papalexopoulos was held on the morning of Friday, November 13, 2020, in a close family circle.



Theodoros Papalexopoulos was born in Lausanne and spent his childhood years in Paris, Lausanne and London. He graduated as a Civil Engineer from the Swiss Federal Institute of Technology Zurich (ETH Zürich) and received further education in management from INSEAD, France.

He came to Greece in 1950, completed his military service in the Navy and held the position of Senior Associate at the National Technological University of Athens.

His career in industry started in 1952, mainly in the field of cement; in 1961, he joined TITAN Cement Company SA, where he served as Vice Chairman of the Board of Directors and later as Advisor to the Group.

He served as President of SEV – Hellenic Federation of Enterprises from 1982 to 1988.

He was also a member of the European Round Table for Industry and of the BoD of the Association for the Monetary Union of Europe.

During his career, Theodoros Papalexopoulos also served as:

  • Founding Member and Honorary President of the Foundation for Economic and Industrial Research (IOBE).
  • Founding Member and first President of the “Greek-Turkish Cooperation Council”.
  • Founding Member and Honorary President of the “Citizens' Movement for an Open Society”.
  • Vice-Chairman of the Foundation of the Hellenic World.
  • Founding Member and first Vice-Chairman of “Transparency International Greece”.
  • Member of the Honorary Committee of the Hellenic Foundation for European and Foreign Policy (ELIAMEP).
  • Founder and first President of “Opheltes – A Friend of Nemea”.
  • Official of the Brotherhood of the Most Holy Lady Pammakaristos of the Ecumenical Patriarchate. He was awarded the Office of Archon Maistor.
  • Founding Member of the (now titled) ALBA Graduate Business School.
  • Awarded an Honorary Doctorate by the Department of Banking and Financial Management of the University of Piraeus.
  • Awarded an Honorary Doctorate by The American College of Greece – DEREE.
  • Awarded by the Academy of Athens – under the “Section of Ethical and Political Sciences” – for his outstanding contribution to the Restoration of Nemea and in the Societal and Environmental Section for his significant contribution in the restoration of the Orthodox Church of Albania, for his donations to the Ecumenical Patriarchate and for his overall social work.
  • The (late) President of the Hellenic Republic, Kostis Stefanopoulos, awarded him the Gold Cross of the Order of the Phoenix for his contribution to society.
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