Kanat Emiroglu joins the Board of Global Energy
04 September 2012
Kanat Emiroglu, joins the Board of Global Energy, a wholly owned subsidiary of Global Investment Holdings (“GIH”)
Global Investment Holdings (ISE: GLYHO) is pleased to announce the appointment of Mr. Kanat Emiroglu as an Executive Director of the company and Chairman of Global Energy, a wholly owned subsidiary of GIH consolidating all its investments and operations in the energy and mining sectors.
Mr. Emiroglu joins Global Energy, a wholly owned subsidiary of GIH, after 10 years of experience at Centrica plc (FTSE: CNA) where he was Chief Executive of British Gas Business.
The value of British Gas Business more than doubled under Mr. Emiroglu’s leadership and it is now the leading supplier of energy and related services to both the British public and private sectors with revenues in excess of $6bn, EBIT of $300m and 5000 employees.
Prior to being Chief Executive of British Gas Business, Mr. Emiroglu was the Group Strategy Director for Centrica plc. Prior to that, Mr. Emiroglu held various marketing and operations roles at Procter & Gamble in Germany, Belgium and the UK.
In the announcement made by Global Investment Holdings, Chairman, Mr Mehmet Kutman noted: “The Board of our Energy Group have great pleasure in further strengthening the successful team with Mr. Kanat, who is well known in bringing an invaluable combination of intellect, upstream energy expertise, outstanding considerable reputation for managing large-scale energy businesses and a proven track record of creating shareholder value.
Kanat Emiroglu said “I am delighted to join GIH’s entrepreneurial organization with a promising energy portfolio in mining, power generation, compressed natural gas, renewable energy and energy services. I hope to be able to bring experience and connections from UK, one of the world’s most innovative and competitive energy markets, to Turkey’s fast growing energy sector. With my team, we will work hard to contribute to Turkey’s economy and create value for GIH shareholders.”
An executive with global professional experience:
Mr. Emiroglu is 44, lives in London and Istanbul, was educated in Robert College of Istanbul, Middle East Technical University of Ankara and holds an MBA with Distinction from INSEAD, France. He speaks German, is a Senior Advisor to Boston Consulting Group’s global energy practice and served as a member of British Government’s BCC Infrastructure Commission. Mr. Emiroglu has written for the FT and The Economist and has delivered keynote addresses in international conferences related to energy, telecoms and Turkey.
Further Information:
IR Department / investor@global.com.tr
About GIH
Global Yatırım Holding A.Ş. (Global Investment Holdings) was regrouped as a holding company on October 2004 (www.globalyatirim.com.tr) to hold a diversified portfolio of investments in a number of businesses, including infrastructure, real estate, energy, and financial services. Global Investment Holdings is listed on the Istanbul Stock Exchange (as “GLYHO.IS”) and utilizes its experience in the finance sector, for industrial business opportunities.
About Global Energy
Global Energy, a 100% subsidiary of Global Investment Holdings (“GIH”), undertaking the entire energy sector investments of the Group such in CNG distribution, integrated coal-fired thermal power plant and renewable power generation projects in Turkey, including solar.
