Chairman

HSBC said profits were up in the first half of the year after a turbulent 2016 which saw huge writedowns and restructuring costs as it laid off thousands of staff.

The Asia-focused giant has been on a recovery drive over the past two years, streamlining its operations and exiting unprofitable businesses.

Experienced executive Yağmur Şatana has been appointed as a board member and vice chairman of the executive board of Doğan Group, the holding said in a statement on Feb. 20. 

Sabancı Holding Retail Chief Haluk Dinçer has been named as the new leader of Turkey’s top business organization a week after the resignation of his predecessor.

Former Chairman Muharrem Yılmaz stepped down from top post of the Turkish Industry and Business Association (TÜSİAD) on June 4 over a labor crisis in his own company, Turkey’s largest dairy producer, Sütaş.