FINANCE MONTHLY CEO AWARDS 2014

EUROPE

company to move steadily forward while ensuring its ability to generate returns that exceed current inflation rates. In 2013, OYAK generated a return of 15.3% on its members’ assets, which was more than twice the posted 7.4% CPI rate in Turkey, and showed a net position of TRY 17.3 billion.

foundation on which the fulfillment of its responsibilities towards its members as well as to society and the environment is based.

Every care is given to ensuring that every company in which OYAK controls a stake behaves as a responsible corporate citizen,

of added value but to environmental protection and social development as well.

Owing to the nature of their business lines, OYAK Group members such as ERDEMİR Group companies, İSKEN Energy, OMSAN Logistics and its cement companies are actively

Graph : Accumulation of 100 TRY between 2000-2013 with OYAK Rate of Return (RoR) and CPI in Turkey.

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Sustainability is not just an essential

6.3 times greater: 632%

component of OYAK’s mission: it’s inherent in its DNA as an

organization. COSKUN ULUSOY, Ph.D. 792-TRY

Coşkun Ulusoy has been the President and CEO of OYAK (Armed Forces Pension Fund) since 2000. He is also a Board member.

___ OYAK RoR (Rate of Return)

Sustainability: One of OYAK’s highest priorities since its inception

Sustainability is not just an essential component of OYAK’s mission: it’s inherent in its DNA as an organization. Taking a long-term view in managing its activities, OYAK sees sustainability as the

____ CPI

too. OYAK’s shareholding portfolio consists of leading concerns that make enduring, meaningful contributions to the national economy and to society as a whole.

The companies that make up the OYAK Group are systematically committed not only to the pursuit of economic growth and the creation

involved in environmental-protection projects, especially those concerned with combating climate change. All of the Group’s industrial concerns abide by best practices in their respective sectors when addressing issues ranging from greenhouse gas emissions and waste management to solar-power use.

He was born in Turkey in 1950, Dr. Ulusoy is a Fulbright Scholar and received his MA and Ph.D. degrees in Economics from the University of Pittsburgh. Prior to joining OYAK he worked at Citibank and Morgan Grenfell and served as chairman and president of Türkiye Halk Bankası and T.C. Ziraat Bankası. He has also held executive positions and chairmanships in a number of Turkish and foreign companies.

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Website: www.oyak.com.tr FINANCEMONTHLY 35

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