Turkey’s top business association TÜSİAD names new chair

ISTANBUL

Sabancı Holding Retail Chief Haluk Dinçer has been named as the new leader of Turkey’s top business organization a week after the resignation of his predecessor.

Former Chairman Muharrem Yılmaz stepped down from top post of the Turkish Industry and Business Association (TÜSİAD) on June 4 over a labor crisis in his own company, Turkey’s largest dairy producer, Sütaş.

Dinçer, who had been vice chairman of TÜSİAD, was elected as the new chairman during an extraordinary TÜSİAD board meeting held yesterday.

“TÜSİAD’s board has elected Vice Chairman Haluk Dinçer to the chairman post as a result of the election held in accordance with its internal regulations and institutional culture,” a statement released by the organization said.