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Petkim Petrokimya Holding AS (PETKM.IS)

PETKM.IS on Istanbul Stock Exchange

4.10TRY
18 Jul 2019
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Summary

Name Age Since Current Position

Vagif Aliyev

60 2009 Non-Executive Chairman of the Board of Directors as Representative of SOCAR Turkey Petrokimya A.S.

Anar Mammadov

48 2016 General Manager

Riza Bozoklar

50 2013 Assistant General Manager of Financial Affairs

Ali Sansal

57 2019 Assistant General Manager of Operations

Murad Abdullayev

36 2018 Assistant General Manager of Digitalization and Technology

Kanan Mirzayev

32 2016 Assistant General Manager of Strategy and Business Development

Agshin Salimov

30 2016 Assistant General Manager of Sales and Marketing

Levent Kocagul

41 2016 Assistant General Manager of Human Resources

Dincer Akbaba

43 2018 Assistant General Manager of Projects and Maintenance

Tolga Demirozu

43 2018 Assistant General Manager of Supply Chain

Khalig Mustafayev

48 2016 Assistant General Manager of Business Support

David Mammadov

64 Non-Executive Vice Chairman of the Board of Directors

Nihat Gurbuz

2019 General Manager Technical Consultant

Mustafa Cagatay

Manager of Investor Relations

Suleyman Gasimov

57 Non-Executive Member of the Board of Directors

Farrukh Gassimov

59 2009 Non-Executive Member of the Board of Directors as Representative of SOCAR Turkey Enerji A.S.

Ilhami Ozsahin

69 Non-Executive Member of the Board of Directors

Mehmet Bostan

48 2016 Independent Non-Executive Member of the Board of Directors

Mehmet Ceylan

61 2016 Independent Non-Executive Member of the Board of Directors

Osman Dincbas

2018 Independent Non-Executive Member of the Board of Directors

Neslihan Tonbul

2018 Independent Non-Executive Member of the Board of Directors

Biographies

Name Description

Vagif Aliyev

Mr. Vagif Aliyev has served as Non-Executive Chairman of the Board of Directors as Representative of SOCAR Turkey Petrokimya A.S. within PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since October 23, 2009. Between May 30, 2008 and October 23, 2009, he acted as Non-Executive Member of the Board of Directors of the Company. He is Member of the Corporate Governance Committee (as of 2016), and Member of the Early Detection of Risk Committee of the Company. He has also been acting as Head of Investments Department of the State Oil Company of Azerbaijan Republic since 2005. He worked in Caspian Sea Oil & Gas Production Association, Azer Sea Oil Construction Trust, Construction and Mounting Department Number Three as an assembler, engineer, Senior Engineer and later as Section Manager between 1981 and 1990. He served as Head of Capital Construction Division of the Oil and Gas Production Department of Caspian Sea Oil & Gas Production Association from 1990 to 1991; as Senior Specialist in the Head Department on Capital Construction of Caspian Sea Oil & Gas Production Association from 1992 to 1994; as Head of Capital Construction Division of Management Apparatus of the Offshore Oil & Gas Production Association of SOCAR from 1994 to 2002, and as Head of Capital Investments and Projects Appraisal Division of the Ministry of Energy and Industry of the Republic of Azerbaijan from 2002 until 2005. Mr. Aliyev received his degree in Hydraulic Engineering from Azerbaijan Civil Engineering Institute, currently known as Azerbaijan University of Architecture and Construction, in 1981.

Anar Mammadov

Mr. Anar Mammadov has served as General Manager of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since July 2016. He graduated from Azerbaijan State Medical University. Then he graduated from Faculty of Law of Baku State University. He accomplished his Ph.D. in College of Petroleum Studies in England which focused on oil supply, logistics, and trading. He performed his MBA (master's degree) at TRIUM Global Executive of Stern School of Business, New York University. Between 1995 and 1998, he has managed Avista Company as a founder. Between 1998 and 2007, he worked in Milio International as Regional Director. Between 2007 and 2009, he worked as CEO in Arxiel Carbonexis. Between 2009 and 2014, he worked in Socar Georgia as CEO. He continued his career as CEO again in Socar Greece between 2014 and 2016.

Riza Bozoklar

Mr. Riza Bozoklar has served as Assistant General Manager of Financial Affairs of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since October 2013. Riza Bozoklar is a graduate of Izmir Saint Joseph College, Izmir Sciences High School and Bogazici Universitesi Industrial Engineering Department. He received his MBA from Istanbul Bilgi Universitesi and completed Paris Essec University Delphi Management Program. He is currently preparing his dissertation for his Ph.D. degree in financial economics at Dogus University. He has over 20 years of job experience in the industrial field; he has spent nearly 6 years working in Italy and France. After starting his career at the Italcementi Group, he worked as CFO within Fiat and Ata Holding groups, Delphi Automotive and finally of Cimko A.S., a joint venture of Sanko Holding and Barbetti. He has been serving as Assistant General Manager of Financial Affairs at Petkim since October 2013. Fluent in Italian, French and English, Riza Bozoklar is a CPA.

Ali Sansal

Mr. Ali Semih Sansal has served as Assistant General Manager of Operations of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since January 1, 2019. Ali Semih Sansal graduated from Ege Universitesi Department of Chemical Engineering in 1983. He started his career as production engineer at Ozyurt Kimya Sanayi Company in 1984. In 1986, Mr. Sansal started working at Petkim Aromatics Plant as Production Engineer, and assumed various roles in the same plant such as Chief Engineer between 1995 and 2008, Head Engineer between 2008 and 2014. He was appointed as Manager in charge of Production at Aromatics and Glycol in 2015 and his assigned position was then expanded to include ACN Plant in August 2016. Mr. Sansal was appointed as the Assistant General Manager of Operations in January 2019. He has 32 years of professional experience.

Murad Abdullayev

Mr. Murad Abdullayev has served as Assistant General Manager of Digitalization and Technology of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since February 2018. Mr. Murad Abdullayev graduated from the Department of Chemistry at the Baku State University and completed his Master’s degree in the Chemistry Department of Sumgayit State University. He received MBA training at the INSEAD Business School in France In 2016. He worked as the Senior Science Research Officer at Alkan between 2003 and 2006, as an Auditor at Ernst & Young between 2006 and 2008, as Product Development Manager at Bakcell between 2008 and 2010, as a Senior Consultant at PwC between 2010 and 2012 and as a consultant at the Walgreens Boots Alliance between 2012 and 2015. Mr. Murad Abdullayev, who has been serving as the Strategy and Business Development Manager at Petkim since July 2017, was appointed as the Assistant General Manager of Technology and Digitalization in February 2018

Kanan Mirzayev

Mr. Kanan Mirzayev has served as Assistant General Manager of Strategy and Business Development of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since October 2016. Kanan Mirzayev graduated from the Department of Finance at Azerbaijan State Economic University and then received his master’s degree in industrial enterprise management from the Aston University in the UK. He also holds an Executive Diploma in Management from the Chartered Management Institute in the UK and currently attending the Leadership Development program at Harvard Business School. He was an Operator and HSE Consultant at Azfen-Tekfen Consortium from August 2004 to August 2007, and HSE Engineer at SOCAR Rodan LLC from August 2008 to March 2009. He worked in the Finance Department at Interenergy LLC from May 2009 until November 2009, before working as a Quality Control Supervisor at Azeri Fugro JV from October 2009 until March 2010. He was an HSE Supervisor for the Baku Wind Energy Project at Gamesa between March 2010 and October 2011, Business Analyst in the Investment Department of SOCAR between October 2011 and June 2012, and Senior Business Analyst and Deputy CEO at SOCAR Energy Greece between June 2014 and October 2016. He has been appointed as Assistant General Manager of Strategy and Business Development at Petkim in October 2016.

Agshin Salimov

Mr. Agshin Salimov has served as Assistant General Manager of Sales and Marketing of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since November 2016. Agshin Salimov graduated from the Department of Political Science and Public Administration at the Middle East Technical University. He received a degree of Executive Master in Energy Management at ESCP Europe Business School. He worked in international trade and energy companies in Azerbaijan, Switzerland and the UK, as an Operations Specialist, Commerce Officer, Senior Commerce Officer and Head of Commerce. He has been appointed as Assistant General Manager of Sales and Marketing at Petkim in November 2016.

Levent Kocagul

Mr. Levent Kocagul has served as Assistant General Manager of Human Resources of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since November 2016. Levent Kocagul graduated from Dokuz Eylul Universitesi with a degree in business administration in 2000. He worked as Human Resources Services Manager at Japan Tobacco International (JTI) from November 2001 to September 2007, and Human Resources Shared Services Manager at Coca-Cola Icecek (CCI) from October 2007 to March 2016. He joined Petkim in May 2016 as Organizational Development Manager, where he became Assistant General Manager of Human Resources in November 2016, in which position he still serves. Additionally, he was appointed as the Chairman of the Board of Directors of Chemicals, Petroleum, Rubber and Plastics Industry Employers’ Association of Turkey as of 5 September 2018 where he had been serving as Vice President of the Board of Representatives of Aegean Region since 2016.

Dincer Akbaba

Mr. Dincer Akbaba has served as Assistant General Manager of Projects and Maintenance of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since March 2018. Mr. Akbaba received his undergraduate degree at Yildiz Teknik Universitesi (Yildiz Technical University) Department of Mechanical Engineering in 1999 and Executive MBA at Sabanci Universitesi in 2017. He started his career at DAF Tirsan in 2001 as after sales service engineer and later served as production team leader in Ford Automotive Golcuk Plant between 2002 and 2006, as chief of maintenance in Akcansa Cement Canakkale Plant between 2006 and 2010, as chief of maintenance and Bandirma Plant Manager at Enerjisa Energy Production between 2010 and 2018. Mr. Akbaba was appointed as Assistant General Manager of Projects and Maintenance at Petkim in March 2018.

Tolga Demirozu

Mr. Tolga Demirozu has served as Assistant General Manager of Supply Chain of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since November 5, 2018. He completed his high school education at Istanbul Kadikoy Anadolu Lisesi. He received his undergraduate degree at Yildiz Teknik Universitesi (Yildiz Technical University) Department of Chemical Engineering in 1998 and graduate degree at the same university in Chemical Engineering in 2000. He started his career at Topkim Pharmaceuticals in 1999 as a production engineer. Between 2001 and 2007 he worked at Nestle and took part in supply chain projects and operations in Asia-Africa-Oceania regions. He worked as a strategy and operations consultant at Deloitte between 2007 and 2008. He served at various posts at BASF between 2008 and 2018, as Supply Chain Senior Consultant, Supply Chain & Information Systems Manager and Operations Director. During this period, he worked on developing and integrating supply chain strategies and operations; and establishing and managing end-to-end supply chain structures in emerging markets (Russia & CIS, Eastern Europe, Middle East and Africa). He serves as Assistant General Manager of Supply Chain at Petkim since 5 November 2018.

Khalig Mustafayev

Mr. Khalig Mustafayev has served as Assistant General Manager of Business Support of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since November 2016. Khalig Mustafayev graduated from Baku State University, earning a degree in history in 1993 and in law in 2001; he acquired a degree in economics and management from Azerbaijan State Oil Academy (ASOA) in 2007. From 1993 until 2005, he worked in relation to protecting the public order in various units of the T.R. Ministry of the Interior. He then worked as Ata Holding Security and Surveillance Department Manager, SOCAR Security Department Internal Affairs Branch Manager (2006-2010), and as Assistant General Manager of Human Resources, Regime, and Information Technology at SOCAR Azerikimya (2010- 2016). He has been appointed as Assistant General Manager of Business Support at Petkim in November 2016. Mr. Mustafayev was granted the 10th Year Medal for Ministry of State of Emergencies in 2015 and Taraggi (Advancement) Medal in 2017 given by the President of the Republic of Azerbaijan. Having more than 20 years of experience,

David Mammadov

Mr. David Mammadov serves as Non-Executive Vice Chairman of the Board of Directors of Petkim Petrokimya Holding Anonim Sirketi. He has been serving on the Company’s Board since May 30, 2008. He has also been acting as Vice President of the State Oil Company of Azerbaijan Republic on Refining Issues since 2005. He began his career in New Baku Oil Refinery in 1976 as an operator, and later performed as Chief of Mounting, Deputy Head of Workshop and Head of Workshop. In 1994, he joined Heydar Aliyev Baku Oil Refinery, previously known as Azerneftyanajag, as Deputy Head Director, where he later acted as Chief Engineer until 2005. Mr. David Mammadov received his degree in Chemical Engineering from Azerbaijan State Oil Academy (ASOA) named after M. Azizbekov in 1980. David Mammadov is also a member of the Early Detection of Risk Committee under the SOCAR Turkey Enerji A.S. Board of Directors.

Nihat Gurbuz

Mr. Nihat Gurbuz has served as General Manager Technical Consultant of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since January 1, 2019. Nihat Gurbuz graduated from the Ankara Universitesi Faculty of Chemical Engineering in 1975. Having worked as project, planning, and operations engineer at Sumerbank’s chemicals and textile plants from 1975 to 1983, he transferred to Petkim Aliaga Petrochemicals Complex as a Production Engineer in 1983. He later served as Engineer, Chief Engineer, Assistant Manager, and Manager of Production at the VCM, PP, and Ethylene plants. Appointed as the Department Head responsible for production in the plants in 2004, Nihat Gurbuz worked as Production Group Manager responsible for production and maintenance between June 4, 2008 and October 1, 2011 and was appointed as Assistant General Manager of Operations in October 1, 2011. Nihat Gurbuz has 43 years of professional experience.

Mustafa Cagatay

Mr. Mustafa Cagatay serves as Manager of Investor Relations of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI. He also serves as Member of the Corporate Governance Committee of the Company.

Suleyman Gasimov

Prof. Dr. Suleyman Gasimov serves as Non-Executive Member of the Board of Directors of Petkim Petrokimya Holding Anonim Sirketi. He is Member of Early Detection of Risk Committee of the Company. He graduated from the Azerbaijan National Economic Institute (now Azerbaijan State Economic University) in 1982 and from The Academy of Public Administration under the President of the Republic of Azerbaijan in 2003. He worked at various positions (accountant, economist, deputy chief accountant, and chief accountant) at oil and gas industry from 1982 to 1991. In 1991-2003s, he was a chief accountant at Khazardenizneftgas (Caspian Sea Oil and Gas) Production Unit of Azerineft (Azeri Oil) Oil and Gas Production Department, Offshore Oil and Gas Production Unit. In 2004-2006, he worked as chief of division of Economics and Accounting Department of SOCAR, deputy chief of the Department, and chief of the Department. In 2006, he became the Company’s vice-president of economic issues. In 2006, he was awarded (Taraggi) Progress Medal, and in 2011 - (Shohrat) Glory Order. He is a Doctor of Economics and author of one scientific work and more than 15 scientific articles. Mr. Gasimov is the member of Yeni Azerbaijan Party.

Farrukh Gassimov

Mr. Farrukh Gassimov has served as Non-Executive Member of the Board of Directors as Representative of SOCAR Turkey Enerji A.S. within Petkim Petrokimya Holding Anonim Sirketi since March 1, 2009. He also served as Non-Executive Member of the Board of Directors of the Company between May 30, 2008 and September 15, 2008. He has been acting as Deputy Head of the Legal Department of the State Oil Company of Azerbaijan Republic (SOCAR) since 2006. From 1985 to 1991, he served as a Lecturer and Associate Professor at the Baku Public Administration and Politics University. He later served as Counsel and then as Deputy Head of the Legislation and Legal Expertise Division of the Office of the President of the Republic of Azerbaijan in 1991. From 1992 until 1998, he acted as Head of Law Department of Baku Social Management and Political Science Institute, and from 1998 until 1999, as Senior Legal Adviser to PricewaterhouseCoopers Company in Azerbaijan. Mr. Gassimov worked as Senior Legal Adviser to KPMG Ltd Company in Azerbaijan in 1999, and served as an associate of the Berker & Botts LLP law firm in Azerbaijan between 2001 and 2004. He was Senior Legal Adviser to HGSM law firm from 2004 until 2006. Mr. Gassimov graduated from the Law Faculty of Azerbaycan Universiteti (Azerbaijan State University) in 1981, and later received his Ph.D. degree from the USSR Academy of Science in 1984. He is Member of the Corporate Governance Committee of the Company (as of January 22, 2010).

Ilhami Ozsahin

Mr. Ilhami Ozsahin serves as Non-Executive Member of the Board of Directors of Petkim Petrokimya Holding Anonim Sirketi. He was Chairman of the Audit Committee of the Company and Member of Early Detection of Risk Committee of the Company until 2016. He graduated with a degree in Electronic Engineering from Istanbul State Architecture Engineering Faculty (Yildiz Teknik Universitesi). In 1976, Mr. Ozsahin started his professional career at TEK as a System Operating Engineer. In 1995 he was appointed to TEAS Load Dispatching Department Chair, at the end of 2000 he was appointed as Counselor in General Management of TEA. From 1995 to 2000, he also served as Chair in TEA Environment Department and Scientific Inspection and Efficiency Department. From 2002 to 2003, he served as Energy Specialist in Energy Market Regulatory Authority and in March 2003 he was appointed as General Manager and Board Chair in Turkiye Elektrik Iletim AS and retired in 2009. During his career, he attended various domestic and overseas short-term education activities and also long-term education in Japan about energy planning and coordination and in England about Energy Management.

Mehmet Bostan

Mr. Mehmet Bostan has served as Independent Non-Executive Member of the Board of Directors of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since 2016. He is Member of the Audit Committee, and Chairman of the Corporate Governance Committee of the Company. He graduated from Istanbul Universitesi Faculty of Economics, Department of International Relations and received his masters degree from Istanbul Bilgi Universitesi Department of Business Administration (English). He began his career in 1995 and worked as Corporate Banking Official at Denizbank, Marketing Manager at BNP Ak Dresdner Bank, Manager at Turkiye Sinai Kalkinma Bankasi and last Head of Turkey Operations Representative at Dresdner Bank AG. Mr. Mehmet Bostan became Assistant General Manager (Financial) at Gunes Sigorta on 2009. After this work he became General Manager at Vakif Emeklilik worked six years. Mr. Mehmet Bostan was appointed to Turkcell as Independent Board Member by Capital Markets Board and appointed to Privatization Administration as President with the Official Gazette of the Republic of Turkey dated 26 February 2016.

Mehmet Ceylan

Prof. Dr. Mehmet Ceylan has served as Independent Non-Executive Member of the Board of Directors of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since 2016. He is Chairman of the Company's Audit Committee (as of 2016). Upon his graduation from the department of Mechanical Engineering, Konya State Engineering Architectural Academy (Selcuk Universitesi) in 1979, he secured his Master’s degree from the same department of Istanbul State Engineering and Architectural Academy (Yildiz Teknik Universitesi). Having taken office as an assistant and a lecturer in Zonguldak Karaelmas University between 1981 and 1985, he completed his studies in the School of Foreign Languages, the Middle East Technical University and continued to serve for academic studies as a Research Associate in the same university. In 1986, he was assigned as an Assistant Expert for the Under-secreteriat of State Planning Organization, and appointed as a Planning Expert in 1991. After securing his second master’s degree from the department of Economics in the Western Illinois University, USA between 1989 and 1991, he resumed his duty at the State Planning Organization. He embarked on a political career as a part of the local elections held on April 18, 1999, and served as a Mayor of Safranbolu for one term. He was elected as a Member of the Parliament for the constituency of Karabuk twice. He served as a member of the Planning and Budgeting Commission and the EU Harmonization Commission, and as a Vice President of the Turkey-EU Joint Parliamentary Commission during the 22nd term as a deputy. During the 23rd term as a member of the parliament, he acted in his capacity as a Deputy President of the Foreign Affairs Commission, and as a member of the NATO Parliamentary Assembly. He founded and presided the Turkey-Saudi Arabia Friendship Group for 8 years. He acted as the Deputy Minister of Development between September 2011 and September 2015. He has served as the Deputy Minister of Environment and Urbanization since January 2, 2016.

Osman Dincbas

Mr. Osman Dincbas has served as Independent Non-Executive Member of the Board of Directors of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since December 2018. He started his career as an audit assistant in Ernst Young Istanbul Office in 1984. He was transferred to Hartford Office in CT, USA then to New York Office of Ernst & Young and worked in the U.S.A for a total of three years. Upon returning to Turkey he was promoted to Audit Manager. In 1994, he was promoted to Audit Partner. In 1998, he was assigned as the Management Consulting Leader of the Turkish practice. In 2002, he was assigned as the Chief Operating Officer of Ernst Young Turkey, which had become a major Professional company with over 800 professionals in 4 cities in the Country. He also began to serve at the Executive Committee of Ernst Young Southeast Europe and performed as the People Leader for this Region. At the end of 2003, he was promoted to Managing Partner position of Turkish Practice and continued to perform in this role until the end of 2010. Then, for a year, he acted as the Markets Leader of the company, until he left Ernst & Young in January 2012, to start his own business. He served as a Board Member of Foreign Investment Association in Turkey (YASED), for 6 consequent years (3 terms). He was also the Chairman of the Turkish Chapter of U.S. based Junior Achievement for 8 years. He is also one of the founding members of the Turkish chapter of Endeavour. After leaving Ernst & Young, he was deeply involved in promoting and supporting new businesses, helping startups. He established “Early Stage Seeding Fund” investment vehicles in Turkey and Europe and supported several startups. He also started his boutique consulting services company, providing corporate governance and risk advisory services as well as strategic advisory services. In September, 2018, he has been assigned as the Deputy Minister at the Ministry of Treasury and Finance, in Ankara. He is Chairman of the Early Detection of Risk Committee of the Company,

Neslihan Tonbul

Ms. Neslihan Tonbul has served as Independent Non-Executive Member of the Board of Directors of PETKIM PETROKIMYA HOLDING ANONIM SIRKETI since March 2018. She is Member of the Corporate Governance Committee of the Company. Starting out in her family's fashion retail business, she began her professional career in finance in 1983 at The Irving Trust Company (now BNY Mellon) where she held senior management positions in New York, London and Istanbul where she spearheaded many successful and profitable initiatives which were later emulated by competing institutions. In 2009, she took initiative to establish a Venture Capital Fund to support technology enabled start-ups in Turkey. She then transitioned into the corporate sector where she served as an independent board member in a broad range of leading international companies in Food and Beverage, manufacturing, construction, energy and banking. Serving as Chairperson of Finance, New Business Development, Marketing, Corporate Governance, Investor Relations and HR Committees, she initiated many new undertakings to improve and enhance processes, market share and profitability. Stretching outside the Middle East, Ms. Tonbul is also a Specialist Advisor to NZTE, the economic development agency of the New Zealand government. Since 2014, she is a Senior Advisor and Associate Partner at Cambridge Family Enterprise Group, a leading international advisory firm founded by Prof John Davis, which helps families on issues related to growth strategy, long-term continuity, governance, leadership and next generation integration. In addition to her board positions, she is also a Lecturer: Executive in Residence at Koc University where she focuses on Family Business Management and Best Practices in the Family Enterprise. Ms. Tonbul holds a B.A. Degree in Economics and Political Science from Rutgers University and an M.A. Degree in International Relations and Economic Development from The Fletcher School of Law and Diplomacy at Tufts University.