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           Once again, Can Akın Çağlar is elected as the President of the  Association of the
           Insurance and Reinsurance Companies of Turkey


           Can Akın Çağlar was elected as the President during the Or-
           dinary General Assembly Meeting of the Association of the
           Insurance and Reinsurance Companies of Turkey.

           Elective Ordinary General Assembly Meeting of the Associ-
           ation of the Insurance and Reinsurance Companies of Tur-
           key was organized on April 13. During the meeting, Can Akın
           Çağlar, General Manager of Eureko Sigorta, was elected as
           the President of the Association with a record-breaking per-
           formance, collecting 57 out of 58 valid votes.

           Çağlar began his speech in the General Assembly by talking
           about his activities during his previous term of his presidency
           and said: “We attach great importance to close cooperation
           with the public authority in order to express and solve the  that the existing dialogue with all public and market stake-
           problems of our market. Within this framework, we had close  holders, especially insurance agents, would continue with even
           cooperative relations with the public authorities; particularly  stronger bonds in the new term.
           Deputy Prime Minister Mr. Mehmet Şimşek, Undersecretari-
           at of Treasury Mr. Osman Çelik, Ministry of Internal Affairs,  The meeting also resulted in the selection of the members of
           The Court of Cassation and Justice Academy of Turkey.” He  the Non-Life Executive Board, Life and Pension Executive
           continued his speech by expressing his thanks and gratitude for  Board, Auditing Board, Disciplinary Boards.
           such cooperation. He stated that as a highly dynamic, robust
           and growing economy, Turkish Economy required the support  According  to  the  results;  Non-Life  Executive  Board  mem-
           of financial markets other than banking. Çağlar highlighted  bers  are:  Ali  Erlat,  Ahmet  Turul,  Erdinç  Yurtseven,  Fahri
           that it was crucial for insurance market to realize this func-  Altıngöz,  İlhami  Koç,  Hulki  Yalçın,  Ceyhan  Hancıoğlu,
           tion with new areas and products, as a market that had em-  Özgür Koç, and Baturalp Pamukçu. Life and Pension Execu-
           ployed hundreds of thousands of people directly and indirectly,  tive Board are: Hayat Emeklilik Yönetim Komitesine: Emin
           paid 28 billion TL in compensations, issued 127 billion TL  Çubıkcı,  Uğur  Erkan,  Taylan  Türkölmez,  Deniz  Yurtseven,
           worth of funds in the economy and provided a total coverage  Burak Ali Göçer, Özgür Obalı, Erol Öztürkoğlu, Ayhan Sincek
           of 90 trillion TL during 2017.  Can Akın Çağlar said: “These  and Mahmut Güngör. Auditing Board Members are: Şebnem
           issues are also addressed in the 11th development plan. It is  Ulusoy, Cenk Tabakoğlu, Emre Özer; Disiplin Kuruluna Soner
           now time to join our hands to solve the problems, expand our  Şahin, Coşkun Gölpınar and Gökhan Gürcan.
           market and face our future with confidence.” He underlined



                                     AXA Sigorta’s new CEO: Yavuz Ölken

                                     Company’s  current  CEO  Guil-  along with a direct responsibility of the technical sides of pric-
                                     laume Lejeune, who will trans-  ing and underwriting. I sincerely congratulate him for his past
                                     fer  his  duties  to  Yavuz  Ölken  achievements, and wish his successful performance to contin-
                                     on 1 April 2018, was appoint-  ue through his new duties.”
                                     ed as the CEO of AXA Global
                                     Reinsurance. Wilm LANGEN-  Wilm Langenbach added that AXA Sigorta has strengthened
                                     BACH,  Chairman  of  AXA  its position in the market and took firm steps towards sus-
                                     Sigorta  and  Chief  Executive  tainable development in the future under the management of
                                     Officer of AXA Emerging Mar-  Guillaume Lejeune, who has worked as the CEO and Member
                                     kets  and  Chief  Strategic  Of-  of the Board since the beginning of 2015. “I would like to ex-
                                     ficer of EMEA, announced that  press my deepest appreciations and thanks to Mr. Guillaume
                                     Yavuz Ölken was appointed as  Lejeune for his brave leadership, strong motivation, and his
                                     the new CEO of AXA Sigorta.  commitment to rebuild a successful company and restructure
            Yavuz Ölken currently serves as the Head of Technical and  our leadership position in Turkey. I also wish him all the best
            Information Technologies at AXA Sigorta; he will undertake  for his new position within the AXA Group. Mr. Guillaume
            his new duty as of 1 April 2018.  Wilm Lagenbach under-  Lejeune has assumed several different positions in France and
            lined in his statement that Yavuz Ölken played a major role in  Mexico for the last 22 years. He will continue his duties with-
            AXA Sigorta’s transformation process for the last three years:  in AXA Group as the CEO of AXA Global Reinsurance. Mr.
            “Having joined AXA Sigorta family in 2002, Yavuz Ölken has  Lejeune will also maintain his duties as a Board Member of
            so far managed a robust information technologies structure  AXA Sigorta.”
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