Ioannis Pesmazoglou was a Greek

Greece

Greece , officially the Hellenic Republic , and historically Hellas or the Republic of Greece in English, is a country in southeastern Europe....

 banker, economist and politician. He is a descended from Constantinople

Constantinople

Constantinople was the capital of the Roman, Eastern Roman, Byzantine, Latin, and Ottoman Empires. Throughout most of the Middle Ages, Constantinople was Europe's largest and wealthiest city.-Names:...

 (now Istanbul

Istanbul

Istanbul , historically known as Byzantium and Constantinople , is the largest city of Turkey. Istanbul metropolitan province had 13.26 million people living in it as of December, 2010, which is 18% of Turkey's population and the 3rd largest metropolitan area in Europe after London and...

) and studied economic sciences in Paris and in the beginning, he was employed at Crédit Lyonnais

Crédit Lyonnais

Crédit Lyonnais is a historic French bank. In the early 1990s it was the largest French bank, majority state-owned at that point. Crédit Lyonnais was the subject of poor management during that period which almost led to its bankruptcy in 1993...

 in Alexandria

Alexandria

Alexandria is the second-largest city of Egypt, with a population of 4.1 million, extending about along the coast of the Mediterranean Sea in the north central part of the country; it is also the largest city lying directly on the Mediterranean coast. It is Egypt's largest seaport, serving...

 in Egypt

Egypt

Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...

 and later in 1882, he was member of the Anglo-Egyptian Bank

Anglo-Egyptian Bank

The Anglo-Egyptian Bank was a British overseas bank established in 1864. The founding banks were Agra and Masterman's Bank and the General Credit and Finance Co., and the bank incorporated Pastré Frères et Compagnie and Giovanni Sinadino and Co., which was the only one of the four to have its seat...

. Continuously he came back to Athens

Athens

Athens , is the capital and largest city of Greece. Athens dominates the Attica region and is one of the world's oldest cities, as its recorded history spans around 3,400 years. Classical Athens was a powerful city-state...

 and ran his bank which became the Bank of Athens

Bank of Athens

The Bank of Athens was a bank in Athens, Greece. It was founded in 1893 and merged in 1999. It continued the name of an earlier but no longer operating Anglo-Greek bank that Michel Emmanuel Rodocanachi had established in the UK.-History:...

 in 1897 and became member and president of the Public Council until his death.

Pesmazoglou ran the privileged company to the protection of winery (Eniaia or Eniea) as well as the Wine and Winemaking Company with whoever and loosen the difficulty of the political-economical views which had hidden famously as the wine question, he did not viewed preparatorily in the merger of the Greek public firms and the conversion to the drachmas

Greek drachma

Drachma, pl. drachmas or drachmae was the currency used in Greece during several periods in its history:...

, the plan which he faded prematurely at his death.

He was elected as politician of Athens

Athens

Athens , is the capital and largest city of Greece. Athens dominates the Attica region and is one of the world's oldest cities, as its recorded history spans around 3,400 years. Classical Athens was a powerful city-state...

 in 1900 along with Messinia and Ilia. At the end with his gifts, he ran the former night schools of the Athens Trade Employees Union.

His sons were Andreas, Stefanos and Georgios. His son Andreas entered the Greek Navy and died in 1927 at age 27 and Stefanos was educated and was a journalist, he ran the newspaper Proia.