- Source: Amador Yarur Banna
Amador Yarur Banna was a Chilean businessman of Palestinian origin. He was president of Textile Yarur and first president of Club Deportivo Palestino.
Biography
Don Amador Yarur Banna was born in Arequipa Peru in November 26, 1920. 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.
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.
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. 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. He was also president of President Balmaceda Radio a radio station in Chile Yarur died in 2006 in Santiago Chile.