Michel Emmanuel Rodocanachi
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Michel Emmanuel Rodocanachi (Greek: Μιχαήλ Εμμανουήλ Ροδοκανάκης; 1821-1901) was an influential Greek trader and banker of London.
His parents were wealthy merchants in their home at Chios, related to the influential Vlastos and Mavrogordatos families. They escaped the Chios massacre, settling in Marseilles where they rebuilt their shipping and trading business as Rodocanachi Sons & Co. Recognising the importance of having a presence on the London market, in 1830 they sent their son there to cover their interests and work with other family members who traded grain in Odessa, St Petersburg, Italy and Marseille. In 1853, he returned to Marseilles to marry Ariadne Michael Petrocochino.
In London, he obtained membership of the Baltic Exchange and, assisted by other members of the Greek diaspora, notably the Ralli Brothers, he bought ships to transport the grain that he traded, and developed a property portfolio, including the Royal Automobile Club Buildings Co.
This financial foundation enabled him to participate in the founding of the Imperial Bank with fellow Anglo-Greeks Petrocochino and Schilizzi. When the Imperial bank was acquired by the London Joint Stock Bank, his eldest son Emmanuel Michael Rodocanachi (1855–1932) became a director of that bank, in addition to the other family companies.
Michel was an active member of the Greek Orthodox community in London, and raised money for the construction of St Sophia's Cathedral there. He moved to Worthing in his later years as his health failed, calling his house Chios. However he died in London in 1901. He is buried, with his son Emmanuel in West Norwood Cemetery.
Rodocanachi Sons & Co. did not survive long after Emmanuel's retirement in 1925; it collapsed in the Great Depression as a result of bad debts due from failed German and Italian trading partners.
Sources
[edit]- Stuart Thompstone 'Rodocanachi, Michael Emmanuel' Oxford Dictionary of National Biography (subscription)
- Christopher Long, Rodocanachi Family of Chios
- The Times Rodocanachi Sons & Co 27 November 1929 & 2 September 1933
- 1821 births
- 1901 deaths
- Members of the Ecumenical Patriarchate of Constantinople
- Eastern Orthodox Christians from Greece
- Greek businesspeople in shipping
- Burials at West Norwood Cemetery
- 19th-century Greek businesspeople
- British businesspeople
- Eastern Orthodox Christians from the United Kingdom
- Greek emigrants to England
- Businesspeople from Chios
- 19th-century British businesspeople
- Rodocanachi family