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Turkish regulator appoints Turkcell board members
2013-08-16 11:24:00| Telecompaper Headlines
(Telecompaper) Turkish operator Turkcell announced the appointment of Mehmet Bostan and Bekir Pakdemirli as members of the board of directors. They were appointed by the Turkish Capital Markets Board, after Turkcell was unable to reach a quorum at its shareholder meetings due to the ownership dispute among its major shareholders. The new appointees replace members of the board who were elected in April 2010 for three years and whose duty periods have expired. Turkcell called on its major shareholders TeliaSonera, Alfa Telecom and Cukurova to nominate within 15 days their own candidates to fill the empty places on the board. In March the CMB already appointed three independent members to Turkcell's board in an attempt to bring the company into line with local corporate governance rules.
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Category:Telecommunications