Turkey: Economic Outlook & Investment Opportunities

Michael Bloomberg

Founder of Bloomberg L.P. and Bloomberg Philanthropies

UN Special Envoy for Climate Ambition an

UN Secretary-General’s Special Envoy for Climate Ambition and Solutions; Chair, Taskforce on Climate-Related Financial Disclosures, Founder of Bloomberg L.P. and Bloomberg Philanthropies

Mike Bloomberg is an entrepreneur and three-term mayor of New York City whose innovations in business, government, and philanthropy have made him a pioneering leader on critical issues facing America and the world. He has launched major coalitions to save and improve lives, including America’s largest campaigns to prevent gun violence and fight the climate crisis, and he has championed efforts to fix our immigration system. Elected mayor just weeks after the attacks of September 11, 2001, Bloomberg led New York City’s resurgence. He spearheaded the rebuilding of Lower Manhattan, fought poverty with new programs that became national models, and turned around a failing school system. Bloomberg reduced carbon emissions by 13 percent, increased New Yorkers’ life expectancy by three years, and cut crime by a third while reducing incarceration by nearly 40 percent. Despite the national recession, he led the city to record job growth.

As mayor, Bloomberg launched a pandemic influenza plan for New York City, and led the city through outbreaks of the swine flu and West Nile virus. An international leader on public health issues, Bloomberg recently launched a series of efforts to help fight the coronavirus pandemic through his foundation, Bloomberg Philanthropies. He’s supporting a fund for New York City-based non-profits impacted by the crisis, convening mayors to share information and strategies, committing $40 million to help low- and middle-income countries slow and prevent the spread of the disease, and more.

After his third term in City Hall, he resumed leadership of Bloomberg LP, the financial technology and media company he founded in 1981. Bloomberg LP now employs some 20,000 people. Bloomberg Philanthropies applies a unique, data-driven approach to drive progress in five focus areas – public health, government innovation, education, the environment, and the arts. He has given away $9.5 billion.

Bloomberg grew up in a middle-class home in Medford, Massachusetts. He took out government loans and worked his way through school, graduating from Johns Hopkins University and Harvard Business School. He is the father of two daughters, Emma and Georgina, and has two grandchildren.

Hakan Binbaşgil

Chief Executive Officer

Akbank

Hakan Binbaşgil joined Akbank as the Executive Vice President in charge of Change Management in October 2002. He initiated the Bank's 'Restructuring Programme' which has transformed Akbank into one of Turkey's most customer-focused, modern and innovative financial institutions. Hakan Binbaşgil 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. He also serves as Chairman of Akbank AG Supervisory Board. Prior to joining Akbank, Binbaşgil worked as a Management Consultant in the London and Istanbul offices of Accenture, and as Executive Vice President in a different private sector bank. Binbaşgil also served on the boards of directors of numerous companies domestically and abroad.​ After graduating from Robert College, Hakan Binbaşgil graduated from Bosphorus University, Faculty of Mechanical Engineering. Binbaşgil also holds MBA and MS degrees in Finance from Louisiana State University-Baton Rouge, USA.

Nick Eisinger

Co-Head Emerging Markets Active Fixed Income

Vanguard

Nick Eisinger is a principal and co-head of the Vanguard Emerging Markets active funds. In addition he is a senior member of the global (credit) asset allocation committee. The EM funds invest in hard currency sovereign/quasi sovereign bonds, as well as local currency rates and FX, and some private corporates. EM strategies are made on a standalone basis in two dedicated EM funds, and across the various Vanguard global multi-sector active FI funds. The team manages around USD12bn across its active EM franchise. Nick previously worked at Fidelity Investments on global bond markets (EM and developed) and macro strategy. Nick has also worked at Deutsche Bank in London on structuring asset-backed transactions across the Middle East and Emerging Europe.Nick was previously head of the emerging markets securitization team at Fitch in London, and before that worked in global sovereign ratings, also at Fitch, for over 7 years. Nick graduated from the University of Edinburgh with a 2.1 in modern languages, and also holds a MSc. Post Graduate degree in Latin American Politics and Economics from London University.

Karim Sawabini

Partner and Portfolio Manager

Moon Capital

Karim is a partner/portfolio manager at Moon Capital covering emerging markets. He has worked with John Moon since 2003 when he joined Oaktree Capital Management’s Emerging Market Fund as an analyst. Prior to that, he worked for Morgan Stanley for three years in the Investment Banking Division in the Global Communications and Media Group. Karim began his career in the Investment Banking Division of J.P. Morgan & Co. in the Financial Institutions Group. He received a B.S. degree in International Business and Finance, with a minor in Economics, from Georgetown University.

Nilgun Şimşek

Chief Executive Officer

HSBC Asset Management Turkey

Nilgün Şimşek Ata, with more than 25 years of experience in the financial industry, is the CEO of HSBC Asset Management, Turkey. She started her career at Demirbank Corporate Bank in 1993 following the Management Trainee Program. Between 2000-2012 she worked at various managerial positions at HSBC Bank Turkey and HSBC Private Bank UK. She joined HSBC Asset Management in 2012 and worked as COO until June 2018. She has been appointed as CEO of HSBC Asset Management Turkey as of June 2018. Mrs Ata holds MSc. in Finance from City University CASS Business School and BSc. in Management from Middle East Technical University. She also holds secretary general role at Turkish Institutional Investment Managers’ Association.

Kailey Leinz

Anchor

Bloomberg TV

Kailey Leinz is the New York-based co-host of 'Bloomberg Surveillance: Early Edition' and a markets reporter for Bloomberg Television. She is also the host of 'Bloomberg Green', a weekly program focused on climate issues and the clean-energy transition. Leinz began her career with Bloomberg in 2017. She previously reported for Bloomberg News’ cross-asset team, covering major macro market trends and their intersection across asset classes.