Maroun Chammas

Vice chairman and general manager at MEDCO Holdings

Maroun Chammas entered into the world of entrepreneurship when he was only 12. His entrepreneurial drive led him and his brother in 1995 to become pioneers in Lebanon’s digital frontier, by establishing the first internet access company: Data Management now known as IDM and in 2018 by acquiring and reinvesting in Cablevison the largest content and tv broadcasting company. Today, whilst representing the third generation of the Chammas family to become the vice chairman and general manager of MEDCO Holdings the number one national oil and gas downstream company and through his role in Berytech since 15 years, he plays an active and key role in shaping the ecosystem of lebanon that nurtures and supports Lebanese innovation venture capital and entrepreneurship.

In November 2017 Maroun Chammas was elected President of the Lebanese Venture Capital and Private Equity Association of Petroleum Importing Companies of Lebanon. From 2009-2012 and from 2015-2018 He was the president of APIC The Association of Petroleum Importing Companies that groups all companies in the sector, he is a former board member of IDAL, the Investment and Development Authority of Lebanon (a government agency that reports directly to the Prime Minister).

Mr Chammas is a graduate of Boston University with a BS in engineering in 1984 and MBA in 1986.