Board of Directors

Aziz Murat ULUĞ (Chairman)

Having completed his undergraduate education at Istanbul Technical University, Department of Electronics and Communication Engineering, A. Murat Uluğ received his master's degree with the joint Executive MBA program of Manchester Business School and Bilgi University.

After working for 13 years in the corporate banking and loans departments of private banks in the banking sector, where he started his career, he worked as a senior finance manager and CFO for 11 years in the real sector, especially in the infrastructure sector. During this period, he undertook leadership in public offerings, mergers and acquisitions, and many international investment projects.

Prior to joining the Turkey Wealth Fund, he worked for the last four years as the Director of Investments in an infrastructure investment fund residing in Bahrain, founded by the Islamic Development Bank and co-owned and supported by the wealth funds of Bahrain, Brunei and Saudi Arabia.

He was appointed as the Chairman of the Board of Directors of Türkiye Sigorta and Türkiye Hayat Emeklilik as of March 31, 2021.

Atilla BENLİ (Vice Chairman and General Manager)

Holding a bachelor’s degree in public administration from İstanbul University, Atilla Benli completed his master’s degree in insurance at Marmara University.

He started his career as an auditor at Garanti Bank, where he later worked as Branch and Unit Manager. Atilla Benli served as Unit Manager responsible for various units in the Financial Affairs, Operation, Agencies and Brokers Distribution Sales Channel at Garanti Sigorta before joining BNP Paribas Cardif in 2007 in the position of Executive Vice President in charge of Financial Affairs, HR, Claims and Legal Affairs units.

Later, he served as Executive Vice President in charge of the Claims Group at Groupama Sigorta and Groupama Hayat ve Emeklilik, and Executive Vice President responsible for Sales, Finance and Accounting, HR, Technical and Actuarial Units at Vakıf Emeklilik.

He functioned as the Executive Vice President responsible for the Claims Group at Zurich Sigorta from 2016, where he continued to serve as Executive Vice president responsible for Sales and Distribution Channels and Board Member from 2018.

Having assumed the role of Güneş Sigorta Board of Directors Member and General Manager on 16 January 2019, Atilla Benli undertook top assignment roles during the merger of the public insurance companies and of which was appointed as the chairman of the boards of directors.

He was appointed as Chairman of the Board of Türkiye Sigorta and Türkiye Hayat Emeklilik, upon merger of public insurance companies on 31 August 2020 and of public pension companies on 1 September 2020. On 15 December 2020, he assumed the positions of General Manager of Türkiye Sigorta and of Türkiye Hayat Emeklilik in tandem with his role as the Chairman of the Board.

At the same time, Atilla Benli serves as the Chairman of the Insurance Association of Turkey, Vice Chairman of TWF Finansal Yatırımlar Anonim Şirketi, Chairman of Management Committee at Güvence Hesabı (Assurance Account), Chairman of the Board of TARSİM Tarım Sigortaları (Agricultural Insurance Pool), Chairman of the Board of JCR Avrasya Derecelendirme and Vice Chairman of Turk P&I Insurance. Benli also holds seats as members on the board of directors at the Pension Reserve Fund of the Council of Europe, at Emeklilik Gözetim Merkezi (Pension Monitoring Center) and at Birleşik İpotek Finansmanı.

Murat AKGÜÇ (Board Member)

Murat Akgüç received his bachelor's degree from Boğaziçi University, Department of Industrial Engineering, and completed the Executive MBA program from Erasmus University Rotterdam School of Management.

Akgüç, who started his career at Ottoman Bank, worked in Treasury projects at Ziraat Bank and Halk Bank.

Murat Akgüç served as the Vice President of Business Development and Strategy at Credit Europe Bank in Amsterdam between 2006 and 2015.

Before joining the Turkey Wealth Fund, he worked as a Digital Director at TRT World and TRT Arabi; most recently, he assumed the role of Deputy General Manager in charge of Digital and Technology at TRT.

As of March 31, 2021, he was appointed as a Member of the Board of Directors of Türkiye Sigorta and Türkiye Hayat Emeklilik.

Muhammed Mahmut ER (Board Member)

Having graduated from Computer Programming Department at Yıldız Technical University in 2004, Muhammed Mahmut Er then received his bachelor’s degree in Computer Engineering and master’s degree in business administration. Having completed his graduate study in Information Security Engineering, Er started his professional life as an automation systems system consultant in 2004.

Muhammed Mahmut Er then continued his career as a Software Developer in Turkey’s first web-based ERP company. He was involved in more than 20 e-transformation projects as an Expert Software Developer, System Analyst and Project Leader in ERP, MRP, CRM, PMS, CMS, PAM, LMS modules. He transferred to the security sector in 2010, and headed various units in that company. In 2016, he became an Advisor to the President of the Information and Communication Technologies Authority (BTK), where he worked on the establishment of the Project Management Office and BTK Academy.

In 2018, he took over the coordination of the SGOM Project (Cyber Security Operations Center) which is crucial for Turkey’s energy security. Serving as an Advisor to the Minister responsible for Information Technologies at the Ministry of Treasury and Finance since late 2018, Mahmut Er was elected as a member of the Board of Directors of EPİAŞ (Energy Exchange İstanbul) on 18 January 2019. Elected as the board member of Türkiye Sigorta and Türkiye Hayat Emeklilik, Muhammed Mahmut Er is married and has two childre.

Murat AKBALIK (Independent Board Member)

Having graduated from the Public Administration Department of the Faculty of Political Sciences at İstanbul University in 1991, Murat Akbalık completed the graduate program in the Institute of Banking and Insurance at Marmara University in 1993 and the post-graduate program in 2001. Murat Akbalık became an Assistant Professor in 2005, Associate Professor in 2011 and Professor in 2017.

He serves as the Head of Capital Markets Division at Marmara University School of Banking and Insurance, Member of Management Board of Institute of Banking at Marmara University, Head of Capital Markets and Stock Exchange Division at Marmara University Institute of Banking and Insurance, and Assistant Manager of Marmara University Institute of Banking and Insurance.

As of 1 June 2020, Murat Akbalık was appointed as a board member of Halk Sigorta, Ziraat Sigorta, Halk Emeklilik, Ziraat Emeklilik and Vakıf Emeklilik. Currently serving as the Board Member of Türkiye Sigorta and Türkiye Hayat Emeklilik upon merger of public insurance companies on 31 August 2020 and of public pension companies on 1 September 2020, Murat Akbalık has good command of English.

Mehmet AYDOĞDU (Independent Board Member)

Born in Sivas Divriği in 1946, Mehmet Aydoğdu graduated from the Academy of Economic and Administrative Sciences, Department of Economy and Business Administration. He started his career at Güneş Sigorta in 1966, where he held various positions before retiring in 2006 while he was serving as the General Manager of the company.

He was the Deputy Chairman of the Board of Directors of Groupama Sigorta and Groupama Emeklilik between 2006 and 2011, and the Chairman of the Board of Directors of Dubai Sigorta in 2011-2012. Mehmet Aydoğdu also worked in various positions at Güven Sigorta, Vakıf Emeklilik, Motorlu Taşıtlar Sigorta Bürosu (Motor Vehicles Insurance Bureau), Türkiye Sigorta ve Reasürans Şirketleri Birliği (Insurance Association of Turkey) and İstanbul Reasürans.

He was appointed as a board member of Ziraat Sigorta, Halk Emeklilik Ziraat Emeklilik and Vakıf Emeklilik on 1 June 2020, and of Güneş Sigorta on 2 June 2020.

Mehmet Aydoğdu currently serves as a Member of the Boards of Directors of Türkiye Sigorta and Türkiye Hayat Emeklilik upon merger of public insurance companies on 31 August 2020 and of public pension companies on 1 September 2020. Mehmet Aydoğdu, who is married and has two children, has good command of English.