Mr. Paker was born in 1942 in Istanbul and received his undergraduate degree from the Technical University of Berlin, MBA from Columbia University and his Ph.D. in Mechanical Engineering from Yıldız Technical University. Beginning in 1971, he assumed top management positions at Türk Henkel A.Ş., working as General Manager from 1984 to 2004.
Currently, Mr. Paker still heads B.O.Y. Consulting which he established in 2004. He has served as member of the Sabancı Holding Board of Trustees, Sabancı University Board of Trustees, Dedeman Holding Board of Directors, Golden Horn Ventures Board of Directors, TÜSİAD Board of Directors, TÜSİAD Court of Honor, Istanbul Culture and Arts Foundation Board of Directors, Robert College Board of Trustees, as well as the Chairman of the Board of Directors of the Turkish Economic and Social Studies Foundation between 1997 and 2015. Mr. Paker is currently a member of Inovent Intellectual Property Rights Management, Trade and Investment Co. in addition to serving as the Chairman of the Board of Directors, member of Akbank Board of Directors, and Founding Member of the PODEM Public Policy and Democratic Studies Association.