| Headline: Army advances on the investment front Source: Euromoney Date: November 2001
Oyak is commemorating its 40th year but it still does not publish accounts. But it is committed to embracing modernity. It is gradually coming into the open and has plans for a major overhaul that aims to place it among the top five companies in Turkey. “We have nothing to hide,” says Coskun Ulusoy, a 50-year-old American-educated ex-Citibanker named as chief executive officer and president just over a year ago to bring about this transformation. “We are like any other private company and we intend to act like any other private company,” he says. Oyak, an acronym for the fund’s Turkish name, is already a powerful player. | |||||||||||||||||||||||||||||||||||||||||