The FINANCIAL — Akbank, one of the largest banks in Turkey in terms of market capitalization, announced on April 13 the formation of its International Advisory Board to be chaired by Kemal Derviş, former Head of the United Nations Development Programme (UNDP) and former Turkish Minister of State for Economic Affairs and Treasury, currently Vice President for Global Economics at the Brookings Institute and member of the Board of Overseers of Sabanci University.
The new International Advisory Board will discuss and evaluate global and local economic developments and their strategic implications for Turkey and Akbank.
"The other eminent members of the International Advisory Board are Lord Nicholas Stern, author of the famous Stern Report on Climate Change, former Senior Vice-President and Chief economist of the World Bank and currently Professor of economics at the London School of Economics, Sir Win Bischoff, former Chairman and Board Member of Citigroup; Lubna Olayan, CEO of the Olayan Financing Company Dani Rodrik, one of the world’s leading development economists and Professor at Harvard University; Bülent Eczacıbaşı, Chairman of the Board of Eczacıbaşı Holding; and Akbank board members Suzan Sabancı Dinçer, Chairman and Executive Board Member; Erol Sabancı, Honorary Chairman and Consultant to the Board, Board Member; Akın Kozanoğlu, Vice Chairman; Bülent Adanır, Executive Board Member; Hayri Çulhacı, Executive Board Member; Zafer Kurtul, Board Member and CEO," Akbank reported.
Suzan Sabancı Dinçer, Chairman and Executive Board Member of Akbank, whose initiative and leadership led to the establishment of the International Advisory Board said “What makes the difference today is knowledge and information. The ability to collect, analyze and interpret relevant core information is of utmost importance for identifying strategic opportunities and assessing critical risks. With its distinguished members and their exceptionally rich global experience and knowledge, Akbank’s International Advisory Board will further enhance Akbank’s strength in this respect. I also hope that it will contribute to a better understanding worldwide of the great opportunities that exist for the Turkish economy”.
Kemal Derviş, Chairman of Akbank’s International Advisory Board, said “ I look forward to the meetings of this exceptional group, I am deeply grateful to all its members and I trust that our discussions will strengthen links between Turkish and global opinion leaders at a critical time for Turkey, the south-eastern Mediterranean region and the world economy…”
Akbank’s International Advisory Board will be convening twice a year. The first meeting will take place in July in Istanbul.
Discussion about this post