SABRI TÜTÜNCÜ, THE KIBAR HOLDING CFO, MADE IT TO THE LIST "TOP 50 MOST INFLUENTIAL CFOS IN TURKEY"

May 2017

Sabri Tütüncü, the CFO of Kibar Holding which is one of the prominent industrial groups in Turkey, made it to the list of "Top 50 Most Influential CFOs," which includes the most successful CFOs.

Sabri Tütüncü, the CFO of Kibar Holding which is one of the prominent industrial groups in Turkey, made it to the list "Top 50 Most Influential CFOs". The "Top 50 Most Influential CFOs in Turkey" list, which was prepared by Fortune Turkey and DataExpert for the second time, was created in order to draw attention to the importance of the CFOs during periods in which there is political and economic turmoil. In the study, which was carried out among the 1,000 most prominent companies of Turkey, the top 50 most influential CFOs in Turkey were determined as a result of an investigation of the financial performance of the companies and the CFOs’ individual performance with an extensive research methodology. The executives will receive their awards at the ceremony on May 11, 2017.

Making it to the list this year, Sabri Tütüncü stated that Kibar Holding believes in Turkey’s potential despite political and economic developments, and that they will continue with investments. Tütüncü said, "Today, the Kibar Group has a combined financial turnover of 25 billion liras in 2016. Foreign trade reached 2.5 billion dollars and 60% of the sales of the group companies are exports. Our group companies, which are all strong global actors, are in a process of ambitious growth in the global arena. As an integral part of our vision, “innovation” and “technological transformation” will continue to have an impact on our corporate culture and show us guidance in breaking new grounds during the upcoming period. The companies in our group will continue taking firm steps forward by carrying out successful projects in order to become global players."