Amador Yarur Banna Explained

Amador Yarur Banna was a Chilean businessman of Palestinian origin. He was president of Textile Yarur and first president of Club Deportivo Palestino.[1] [2]

Biography

Don Amador Yarur Banna was born in Arequipa Peru in November 26, 1920.[3] He studied at the French School in Santiago.

Born to Palestinian immigrant Juan Yarur Lolas and Olombí Banna Alak, he was the youngest of three brothers: Carlos, Jorge, and Amador.[4] [5]

After the death of his father Juan Yarur Lolas, Amador and his brother Jorge assumed control of their family business, Textile Yarur and the Banco de Crédito e Inversiones bank. The textile company was initially named Yarur Hermanos but later changed its name to Machasa.[6] [7] [8]

The Yarur family was a prominent business name in Chile, and in the early 1970s, Amador Yarur was the owner of the Yarur Textile mill. In 1971, Salvador Allende government nationalized Yarur Textile mill and other businesses, instituting workers' control as part of its socialist reforms following a strike by the workers.[9] [10] In 1972, Yarur left Chile and settled in Quito, where he founded Amazonas Bank.

In 1973, following Augusto Augusto Pinochet's takeover, the Yarur Textile mill was returned back to the Yarur family. In 1976, Amador Yarur returned to Chile once the political situation was stabilized, but the financial position of his company had severely deteriorated during Pinochet's military dictatorship, and despite his attempts, he was unable to revive it.

Yarur served as the president of the Palestinian Soccer Club, and in recognition of his contributions, the Palestino Stadium established the Amador Yarur Award for the best sports journalist, which is awarded annually.[11] He was also president of President Balmaceda Radio a radio station in Chile[12] Yarur was died in 2006 in Santiago Chile.[13]

Notes and References

  1. Web site: Weavers of Revolution: the story of a Chilean textile mill Red Flag . redflag.org.au.
  2. Web site: The mysterious Mr Stefanovic . Palestino Historico . 8 August 2020.
  3. Web site: Jorge Yarur Banna . 2024-07-29 . www.biobiochile.cl . en.
  4. Loveman . Brian . 1988 . Review of Weavers of Revolution: The Yarur Workers and Chile's Road to Socialism . Labour / Le Travail . 22 . 364–366 . 10.2307/25143098 . 0700-3862.
  5. Web site: Cofré . Víctor . 2023-12-17 . Los Yarur Arrasate: La cuarta generación de un banco que ya ensaya su sucesión . 2024-07-29 . La Tercera.
  6. Web site: Yarur ex Industria Textil [fotografía] Armindo Cardoso. ]. 2024-08-12 . BND: Temática: Presidentes de Chile.
  7. Web site: Machasa, 1945 . 2024-08-12 . Enterreno.
  8. Web site: Temas . 2024-08-12 . BND: Temática: Presidentes de Chile.
  9. Web site: The Workers Who Seized the Means of Production . 2024-08-12 . jacobin.com . en-US.
  10. Baeza . Cecilia . 2014 . Palestinians in Latin America: Between Assimilation and Long-Distance Nationalism . Journal of Palestine Studies . 43 . 2 . 59–72 . 10.1525/jps.2014.43.2.59 . 0377-919X.
  11. Web site: Palestino: Más de cien años de una pasión . 2024-08-12 . This Week in Palestine . en-US.
  12. Web site: Biblioteca del Congreso Nacional de Chile - BCN . 2024-08-12 . www.bcn.cl.
  13. Web site: EyN: Cómo queda el grupo Yarur tras la muerte de Amador . 2024-08-12 . www.economiaynegocios.cl.