TURKEY: Can Akin CAGLAR appointed CEO of EUREKO Sigorta

8 May 2014 — Vlad BOLDIJAR
akin_caglarThe ACHMEA Executive Board has appointed Can Akin CAGLAR as CEO of EUREKO Sigorta, ACHMEA's Turkish subsidiary, starting May1st, 2014 pending regulatory approval. He succeeds Okan UTKUERI who filled the position for more than seven years. Can Akin CAGLAR has been General Manager of ZIRAAT Bankasi from 2003 to 2011, while starting 2011 he has been Board Member of the Turkish Banking Regulation and Supervision Authority. In his new role he will lead the executive team of EUREKO Sigorta and manage the bancassurance relationship with their exclusive distribution partner GARANTI Bank.

"We are pleased that Can Akin CAGLAR has accepted to fulfill this position," says Willem van DUIN, Chairman of the ACHMEA Executive Board. "Can Akin CAGLAR is a very accomplished and respected professional within Turkey and he will bring great wisdom and value to our international business. Turkey remains one of our core markets for future growth and this appointment is a sign of our commitment to our exclusive partnership with GARANTI Bank and its 12 million customers. Can Akin CAGLAR knows the Turkish financial market well and has a thorough knowledge of the financial sector. He understands its relevance for economic growth in Turkey and how to place customers centrally within a business. We welcome him to the ACHMEA Group and wish him success in this new role."

Can Akin CAGLAR: "I am thankful for the trust that ACHMEA showed in selecting me to become the new CEO of EUREKO Sigorta. I am confident that my experience will stand me in good stead to bring a fresh view to the business and build on the existing success already achieved. I also look forward to working closely with GARANTI Bank and together we will build the future of bancassurance within Turkey. I now look forward to meeting my team and starting my role within EUREKO Sigorta and ACHMEA."

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