Turkish Airlines Pivots to Finance?First Leadership

On Thursday, Turkish Airlines’ shareholders approved a sweeping management change that sees Chairman Ahmet Bolat replaced by Chief Financial Officer, Murat Seker. Chief Executive Officer Bilal Eksi has also stepped down and has been succeeded by Ahmet Olmustur. Turkish media interpret the changes as “a new management approach focused on financial sustainability”.

Website Aerohaber says: “In the post-pandemic period, increasing costs, global competition, and the growing need for financing have elevated the importance of finance-oriented executives in airline companies. Seker stands out with his experience in THY’s income-expense balance, international financing processes, and fleet investments.”