Turgut Simitcioglu - Albaraka Turk Executive

ALBRK Stock  TRY 6.06  0.17  2.73%   

Executive

Mr. Turgut Simitcioglu is performing as Vice General Manager Credit Operations, Risk Monitoring of Albaraka Turk Katilim Bankasi AS. Mr. Simitcioglu received his degree from Education Faculty in King Saud University in 1989. He commenced his professional career as an officer in the central branch of Albaraka Turk in 1990. He was then promoted as assistant chief and chief between 1993 and 1997, second manager and assistant manager between 1997 and 2001 in central branch of the Bank. Between 2001 and 2003 he first became Vice Manager in the branch and then in corporate credits department. Mr. Simitcioglu was performing as Manager of central branch from 2003 to 2009. since 2014.
Age 62
Tenure 10 years
Phone90 216 666 01 01
Webhttps://www.albaraka.com.tr

Albaraka Turk Management Efficiency

The company has return on total asset (ROA) of 0.0179 % which means that it generated a profit of $0.0179 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2761 %, meaning that it generated $0.2761 on every $100 dollars invested by stockholders. Albaraka Turk's management efficiency ratios could be used to measure how well Albaraka Turk manages its routine affairs as well as how well it operates its assets and liabilities.
Albaraka Turk Katilim has accumulated 9.94 B in total debt. Debt can assist Albaraka Turk until it has trouble settling it off, either with new capital or with free cash flow. So, Albaraka Turk'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 Albaraka Turk Katilim sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Albaraka to invest in growth at high rates of return. When we think about Albaraka Turk's use of debt, we should always consider it together with cash and equity.

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Albaraka Trk Katilim Bankasi A.S. provides various banking products and services. The company was incorporated in 1984 and is headquartered in mraniye, Turkey. ALBARAKA TURK operates under BanksRegional classification in Turkey and is traded on Istanbul Stock Exchange. It employs 3344 people. Albaraka Turk Katilim (ALBRK) is traded on Istanbul Stock Exchange in Turkey and employs 2,693 people.

Management Performance

Albaraka Turk Katilim Leadership Team

Elected by the shareholders, the Albaraka Turk's board of directors comprises two types of representatives: Albaraka Turk inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Albaraka. The board's role is to monitor Albaraka Turk's management team and ensure that shareholders' interests are well served. Albaraka Turk'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, Albaraka Turk's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mansur Celepkolu, Investor Mang
Umut akmak, Pres Department
Ayhan Keser, Vice General Manager - Financial Institutions, Personal Marketing and Investor Relations
Hood Hashem, Member of the Board
Turgut Simitcioglu, Vice General Manager - Credit Operations, Risk Monitoring
Adnan Abdulmalek, Chairman of the Board
Mehmet Yorulmaz, Assistant Marketing
Mitat Aktas, Auditing Group President Member of the Board
Mehmet Vercin, Vice General Manager - Corporate and Retail Marketing
Nihat Boz, Vice General Manager - Legal Affairs
Fahad Rajhi, Member of the Board
Yalcin Oner, Vice Chairman of the Board - Internal Systems
Osman Akyuz, Executive Member of the Board
Muhammad Rajab, Member of the Board
Fahrettin Yahsi, Executive Member of the Board, General Manager
Suleyman Celik, Assistant Services
Ekrem Pakdemirli, Member of the Board
Mahmut Emek, Vice General Manager - Corporate, Commercial and Personal Credit
Malek Temsah, Deputy GM
Mustafa Cetin, Assistant Fin
Ibrahim Shamsi, Member of the Board
Ali Tuglu, Vice General Manager - Information Technologies
Hamad Oqab, Member of the Board
Ahmet Ko, Pres Compliance
Temel Haziroglu, Vice General Manager - Operations, Administrative Affairs and Human Resources
Kemal Varol, Independent Member of the Board
Hasan Altundag, Assistant Sales
Meliksah Utku, Vice General Manager - Financial Affairs, Budgeting and Financial Reporting
Bulent Taban, Vice General Manager - Corporate and Retail Credits and Foreign Relations
Hasan Avsar, Chief Counsel

Albaraka 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 Albaraka Turk 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 Albaraka Stock

Albaraka Turk financial ratios help investors to determine whether Albaraka 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 Albaraka with respect to the benefits of owning Albaraka Turk security.