Istanbul Stock Exchange

 

Hüseyin ERKAN
Chairman & CEO, Istanbul Stock Exchange 

Prior to his recent appointment as the Chairman and Chief Executive Officer of the Istanbul Stock Exchange by the Turkish Government, Mr. Erkan was the Chief Advisor to the Board of Konya Sugar Company; largest private sector group of companies in sugar refining and agricultural products; to restructure the group’s activities.

Mr. Erkan served as the General Manager of Ticaret Securities for a short period following his departure from the Istanbul Stock Exchange as Executive Vice Chairman in 2006. He was responsible for the International Market, International Relations and Human Resources among other responsibilities at the Istanbul Stock Exchange (ISE) for twelve years, and was also a Board Member of Takasbank (Central Securities Depository, Settlement and Clearing Bank of ISE).

During his employment at the ISE between 1994 and 2006, he established the International Relations, Research and International Market departments at the ISE as well as the Federation of Euro-Asian Stock Exchanges (FEAS) which currently has 31 stock exchanges as members. Mr. Erkan was promoted at the ISE as Executive Vice Chairman in 1995.

Mr. Erkan had additional responsibilities during his term at the ISE as a member of the Executive Board of Turkish-Japanese Business Counsel; Co-Director of projects with the OECD in SME financing and best practices for devoloping stock exchanges; representative of ISE at FEAS and other organisations such as the International Organisation of Securities Commissioners (IOSCO), the World Federation of Exchanges (WFE), as well as being the Joint Project Coordinator of South East European Cooperative Initiative (SECI) to implement a cooperation Project for the securities markets in the Balkans. He also initiated a project for the cooperation of securities markets of the islamic countries in COMSEC Subcommittee under the Organisation of Islamic Conference (OIC).

Early in his career, Mr. Erkan had extensive experience in the transportation, petroleum and manufacturing sectors. He entered the capital markets in 1989 as a Research Analyst working with foreign institutional investors. Subsequently, he worked as a Research Analyst on a retainer basis for Bankers Trust following various sectors in the capital markets of Turkey between 1992 and 1993. Became a partner and Deputy Chairman to Tezal Securities in Istanbul for two years and left the company prior to joining the Istanbul Stock Exchange (ISE) in 1994.

Mr. Erkan graduated from New York University Stern Business School with a B.S degree in Economics (1981) and an MBA in the fields of International Business and Finance (1984) with a thesis project on currency risk management at the United Nations Development Program (UNDP) .



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