Dimitri Panayotopoulos appointed as Chairman of 3CDC Board of Directors

By Mark Shuller - Email

CINCINNATI, OH (FOX19) - Dimitri Panayotopoulos, Vice Chair, Global Household Care for P&G has been appointed Chairman of the Cincinnati Center City Development Corporation (3CDC) Board of Directors, replacing A.G. Lafley, retired CEO & President of P&G. Lafley stepped down as board chairman in August 2010 after serving 3CDC in that role since the organization was established in 2003.

"3CDC is very grateful for the commitment of P&G and personal involvement of A.G. Lafley over our first seven years," said Stephen Leeper, President and CEO of 3CDC. "We feel extremely fortunate that P&G is continuing its commitment through the leadership of Dimitri Panayotopoulos."

Panayotopoulos began his career with P&G in 1977 as a salesman in the United Kingdom. The native of Dar-Es-Salaam, Tanzania has represented P&G in various roles throughout the world including Switzerland, Germany, Egypt, China, Eastern Europe, Africa and the Middle East and speaks Greek, Swahili, English, French, and German.

"The work 3CDC is doing to revitalize Cincinnati's urban core by creating desirable and diverse places to live, work and play is truly transformative," said Panayotopoulos. "The energy and community that is being created on Fountain Square and in Over-the-Rhine reminds me of the diverse, vibrant, urban neighborhoods that I have visited all over the world. 3CDC has proven its ability to galvanize community support and achieve urban revitalization on behalf of Cincinnati."

In addition to Panayotopoulos, Chris Hassall, Global External Relations Officer is representing P&G as a member of the 3CDC Board of Directors. A 27-year veteran of P&G, Hassall is a native of the United Kingdom who started with the company as a research scientist.

Hassall has lived, studied or worked in countries on five of the world's seven continents. He was a member of the P&G core team that created and launched the External Relations function in 2000.  In 2009 he was asked to lead the division, replacing Charlotte Otto, who retired in February 2009 after serving P&G for 33 years.  Otto was a member of 3CDC's executive committee and was instrumental in the creation of 3CDC in 2003.

To date, the work of the 3CDC Board of Directors has resulted in a direct investment of almost $200 million in the redevelopment of Fountain Square, downtown Cincinnati and Over-the-Rhine neighborhood. The Fountain Square revitalization has resulted in more than $125 million in additional private downtown development and attracts more than two million people to the center city each year.

The renovation of historic buildings in Over-the-Rhine has created over 200 new residential units, a vibrant, growing, independent business and arts district and a 50% drop in neighborhood crime since 2004.