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On the sign:
ΣΤΕΛΙΟΣ ΗΝ ΚΩΤΙΑΔΗΣ 1912 1971 ΒΟΥΛΕΥΤΗΣ ΥΠΟΥΡΓΟΣ
ΠΡΩΤΟΣ ΕΚΛΕΓΕΙΣ ΒΟΥΛΕΥΤΗΣ ΤΟ 1950 ΤΗΣ ΕΛΕΥΘΕΡΗΣ ΔΩΔΕΚΑΝΗΣΟΥ
The statue commemorates Stelios Kotiadis, a native of Rhodes who served as Greeces Minister of Commercial Shipping. The statue was placed in 2011 40 years after his death.