Sabri Binbasgil - Akbank TAS General Manager, Member of the Board

AKBNK Stock  TRY 59.60  1.00  1.65%   

Executive

Mr. Sabri Hakan Binbasgil has served as Chief Executive Officer and Director of Akbank Turk Anonim Sirketi since January 2012. He is Member of the Credit Committee, Chairman of AssetLiability Committee and Member of Executive Risk Committee. He joined Akbank as the Executive Vice President in charge of Change Management in October 2002. He initiated the Bank Restructuring Program which has transformed Akbank into one of Turkey most customerfocused, modern and innovative financial institutions. Hakan Binbasgil was appointed Executive Vice President in charge of Retail Banking in November 2003, Deputy CEO in May 2008, and since January 2012 as Board Member and Chief Executive Officer of the Bank. Prior to joining Akbank, Binbasgil worked as a Management Consultant in the London and Istanbul offices of Accenture, and as Executive Vice President in a different private sector bank. Binbasgil also served on the boards of directors of numerous companies domestically and abroad. After graduating from Robert College of Istanbul, Hakan Binbasgil graduated from Bogazici Universitesi, Faculty of Mechanical Engineering. He also holds MBA and M.S. degrees in Finance from Louisiana State University, Baton Rouge, USA. since 2012.
Age 63
Tenure 12 years
Professional MarksMBA
Phone90 212 385 55 55
Webhttps://www.akbank.com
Binbasgil has performed on the Board of Directors of numerous organizations. He is a graduate of the Faculty of Mechanical Engineering at Bogazici Universitesi, and has an MBA degree in Management and Finance from Louisiana State University, Baton Rouge, Louisiana in the United States.

Akbank TAS Management Efficiency

The company has return on total asset (ROA) of 0.0629 % which means that it generated a profit of $0.0629 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.523 %, meaning that it generated $0.523 on every $100 dollars invested by stockholders. Akbank TAS's management efficiency ratios could be used to measure how well Akbank TAS manages its routine affairs as well as how well it operates its assets and liabilities.
Akbank TAS has accumulated 120.76 B in total debt. Debt can assist Akbank TAS until it has trouble settling it off, either with new capital or with free cash flow. So, Akbank TAS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Akbank TAS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Akbank to invest in growth at high rates of return. When we think about Akbank TAS's use of debt, we should always consider it together with cash and equity.

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Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. Akbank T.A.S. was founded in 1948 and is headquartered in Istanbul, Turkey. AKBANK operates under BanksRegional classification in Turkey and is traded on Istanbul Stock Exchange. It employs 12718 people. Akbank TAS (AKBNK) is traded on Istanbul Stock Exchange in Turkey and employs 13,247 people.

Management Performance

Akbank TAS Leadership Team

Elected by the shareholders, the Akbank TAS's board of directors comprises two types of representatives: Akbank TAS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Akbank. The board's role is to monitor Akbank TAS's management team and ensure that shareholders' interests are well served. Akbank TAS's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Akbank TAS's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eyup Engin, Head of Internal Audit
Erol Sabanci, Honorary Chairman of the Board, Member of the Board, Consultant to the Board
Pinar Anapa, Deputy Culture
Kamile Gvenir, Head Department
Berna Avdan, G Counsel
Turker CFA, Assistant Mang
Levent Celebioglu, Executive Vice President - Corporate and Investment Banking
Sabri Binbasgil, General Manager, Member of the Board
Beril Alakoc, Head Communication
Ilker Altintas, Executive Vice President - Technology and Operations

Akbank Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Akbank TAS a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Other Information on Investing in Akbank Stock

Akbank TAS financial ratios help investors to determine whether Akbank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Akbank with respect to the benefits of owning Akbank TAS security.