AKIN KOZANOĞLU HAS BEEN APPOINTED AS BANKING AND INSURANCE GROUP CHIEF EXECUTIVE

05-07-2000

We take pleasure in announcing the appointment of Mr. Akın Kozanoğlu as Executive Director and President of the Sabancı Group's Banking and Insurance Group.
As Executive Director Mr. Kozanoğlu's new assignment will be to supervise and oversee the management in all issues except loan related ones.
Mr. Kozanoğlu took over as Banking and Insurance Group President from Mr. Özen Göksel. Mr. Göksel will continue as General Manager of Akbank.
Mr. Kozanoğlu has been Executive Vice President since 1987 and in that capacity was responsible for Akbank's IT development and retail banking. Previous to that he was president of the Sabancı Group company specialising in IT business