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Akbank of Turkey Appoints Binbasgil as CEO, Replacing Akkurt

Akbank TAS, the Turkish bank part- owned by Citigroup Inc., appointed Sabri Hakan Binbasgil chief executive officer, replacing Ziya Akkurt. Binbasgil was formerly acting deputy CEO, Akbank said in an e-mailed statement from Istanbul today. He becomes chief executive at a time when profit growth at Turkish banks is slowing…

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