SOCAR Turkey names new chief
ISTANBULSOCAR Turkey has named a new CEO in a written statement on April 25.
The deputy head of SOCAR’s investments department, Zaur Gahramanov, has been appointed SOCAR’s Turkey CEO, replacing Kenan Yavuz, who has resigned.
Yavuz will continue to remain as a board member in the group companies, according to the statement.
SOCAR Turkey Chair Vagif Aliyev thanked Yavuz for his contribution to the company and wished Gahramanov success on his new duty.
“During Yavuz’s leadership, SOCAR Turkey was very successful. It is obvious that he made a huge contribution to the industrialization of Turkey. He will continue to be a board member in our group companies,” said Aliyev.
The Star Refinery, the first oil refinery project in Turkey since 1975, will be online by March 2018, carried out by SOCAR Turkey, which has a number of other crucial investments in the country, including Petkim and a majority stake in the TANAP project.