AppointmentsAnalysis
Appointments Register: 33 CEO, CFO and chair changes at listed companies, 1 to 17 October
Türkiye filed 19 of the changes, including a general manager exit at Türkiye Sigorta and two leadership changes at TMSF-run Destek Finans Faktoring.
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Listed companies in Kazakhstan, Türkiye, Saudi Arabia, Kuwait, Oman and Poland disclosed 33 changes of chief executive, finance chief or chair between 1 and 17 October, according to exchange filings reviewed by the Data Desk. Twenty-four involve the chief executive or general manager, two of them together with the chair; six involve the chief financial officer and three the chair alone.
Türkiye accounts for 19 entries. They include the resignation of Türkiye Sigorta's general manager with no successor named, and two management changes in a week at Destek Finans Faktoring after an Istanbul court named the Savings Deposit Insurance Fund (TMSF) as trustee. Emaar The Economic City's chief executive leaves on 31 October, and Photon Energy's new finance chief left after two weeks.
| Filed | Company (exchange) | Change | Notice |
|---|---|---|---|
| 7 Oct | Transtelecom (KASE) | B. Mukazhanov replaced S. Abdildin as chairman of the management board (chief executive) by a board decision of 30 September; the notice gives no effective date | KASE, filing |
| 16 Oct | Nurbank (KASE) | N.K. Tolymbekov acting management board chairman 16 to 19 October; A.N. Mazhuga acting from 20 October | KASE, KASE |
| 1 Oct | Investco Holding (BIST) | Fund Board decision of 1 October ended Zafer Özdamar's term as general manager; the notice gives no effective date | KAP |
| 1 Oct | SAY Yenilenebilir Enerji (BIST) | Vice chair Harun Yıldızhan appointed general manager from 1 October | KAP |
| 1 Oct | Klimasan (BIST) | Chief financial officer Sevgül Yenigün resigned with effect from 1 October; successor not yet named | KAP |
| 2 Oct | Tera Yatırım Menkul Değerler (BIST) | General manager Emir Münir Sarpyener left on 2 October, then resigned all posts by a letter dated 5 October; that notice gives no effective date | KAP, KAP |
| 5 Oct | Tera Yatırım Teknoloji Holding (BIST) | Chief executive and deputy chair Hüseyin Emre Sezer resigned, effective 29 September | KAP |
| 5 Oct | Hareket Proje Taşımacılığı (BIST) | Boran Uzun appointed group chief executive by a board decision of 5 October; predecessor Abdullah Altunkum stays on the board; the notice gives no effective date | KAP |
| 6 Oct | DCT Trading (BIST) | Board ended chief executive Armağan Saraçoğlu's term; the notice gives no effective date | KAP |
| 6 Oct | Batıçim (BIST) | Özkan Atila started as group chief financial officer on 6 October | KAP |
| 6 Oct | Kapeks Kimya (BIST) | Board appointed Atılay Noyan chief financial officer at its meeting on 6 October; the notice gives no effective date | KAP |
| 8 Oct | Gündoğdu Gıda (BIST) | Chair Ahmet Özcan resigned as chair and director on 7 October | KAP |
| 8 Oct | Peker GYO (BIST) | General manager Ramazan Işık resigned on 8 October | KAP |
| 8 Oct | Destek Finans Faktoring (BIST) | Court named the TMSF trustee on 7 October; TMSF appointed Cemal Okumuş chair and Kenan Alpdündar general manager, the latter to start once the relevant procedures are completed; the notice gives no effective date | KAP |
| 12 Oct | Mercan Kimya (BIST) | Tolga Duran replaced Harun Aydın as general manager from 12 October | KAP |
| 13 Oct | Euro Yatırım Holding (BIST) | Selina Özlem Şahin named chair from 13 October; Fatih Akgül appointed to the vacant general manager post, for which the notice gives no effective date | KAP, KAP |
| 14 Oct | Destek Finans Faktoring (BIST) | TMSF replaced Kenan Alpdündar with Seyhan Ergin as general manager by a Fund Board decision of 13 October; Ergin starts once the relevant procedures are completed, and the notice gives no effective date | KAP |
| 14 Oct | Tarfin Tarım (BIST) | Volkan Döşoğlu's appointment as general manager, announced 30 September, failed for lack of a board quorum | KAP, KAP |
| 14 Oct | İnfo Yatırım Menkul Değerler (BIST) | Mehmet Ali Gökalp named chair until 26 April 2027 after two directors resigned; the notice gives no effective date | KAP |
| 15 Oct | Türkiye Sigorta (BIST) | General manager Taha Çakmak resigned with effect from 15 October; no successor named | KAP |
| 16 Oct | Tekfen Holding (BIST) | Group chief financial officer Kenan Alpdündar left on 15 October | KAP |
| 4 Oct | AYYAN Investment (Tadawul) | Muhammed Al-Nuwaiser replaced Raed Al-Naeem as chief executive, effective 4 October | filing |
| 5 Oct | Rasan Information Technology (Tadawul) | Acting chief executive Nicola Garelli confirmed in the post from 5 October | filing |
| 6 Oct | Al Moammar Information Systems (Tadawul) | Chief executive Abdullah AlGhamdi leaves on 31 October; vice chair Ibrahim Al Moammar acting chief executive from 1 November for up to six months | filing |
| 8 Oct | Nahdi Medical (Tadawul) | Abdullah Amer Al Nahdi named chair by the board on 7 October for the term that began on 5 October, in place of Saleh Salem Bin Mahfouz; the notice gives no effective date | filing, invitation |
| 11 Oct | Emaar The Economic City (Tadawul) | Chief executive Abdulaziz Alnowaiser resigned, effective 31 October; vice chair Naif AlHamdan becomes managing director from 1 November | filing |
| 11 Oct | Middle East Paper (Tadawul) | Chief executive Faisal Haddawi to leave on 31 December; Marwan Diab to start on 1 January 2027 | filing |
| 1 Oct | Gulf Bank (Boursa Kuwait) | Chief financial officer David Challinor resigned; last working day 12 November | filing |
| 12 Oct | Omani Euro Food Industries (MSX) | Mahmood Ul Haq appointed general manager from 11 October | filing |
| 13 Oct | Sohar Power (MSX) | Ameer Hussain Hassan Ali Abdul Hussain appointed chief executive from 12 October | filing |
| 1 Oct | PKP Cargo (GPW) | Chief executive Zbigniew Prus and two board members resigned after a court ruling; supervisory board member Monika Starecka acts as chief executive from 2 October to 31 December | report 81 |
| 2 Oct | Photon Energy (GPW) | Andrej Horansky became chief financial officer on 1 October and left on 14 October; Stanislav Zeman resumed the role | report 29, report 30 |
| 6 Oct | AmRest Holdings (GPW) | Chief executive Luis Comas to step down on 31 January 2027; María Elena Pato-Castel to succeed him on 1 February 2027 | report 10 |
How the register is compiled
The register lists changes disclosed from 1 to 17 October 2026. Every KASE and KAP notice in the period was reviewed, as was every English disclosure on Boursa Kuwait and the Dubai Financial Market, which showed no change in the three roles. Saudi, Omani and Warsaw entries link to each company's own filing as published by the Saudi Exchange, the Muscat Stock Exchange or the Warsaw Stock Exchange; Nomu-listed companies and reappointed chairs are not listed. Abu Dhabi, Qatar, Bucharest, Budapest, Prague and Tashkent are not yet covered and will join later editions. The register appears weekly; the next edition, on 1 November, covers 18 to 29 October.
Correction, 24 October 2026: An earlier version said the register appears every Saturday and that the next edition would appear on 24 October, covering 18 to 23 October. The register appears weekly, and the next edition, on 1 November, covers 18 to 29 October.
Sources
- Composition of Transtelecom Management Board changed
- Transtelecom JSC notice on changes to the executive body (decision of 30 September 2026)
- N.K. Tolymbekov is appointed acting Chairman of Nurbank Management Board
- A.N. Mazhuga appointed acting Chairman of Nurbank Management Board
- Investco Holding: departure of the general manager
- SAY Yenilenebilir Enerji: appointment and authorisation of the general manager
- Klimasan: resignation of senior executive
- Tera Yatırım Menkul Değerler: departure of senior executive
- Tera Yatırım Menkul Değerler: resignation from the positions of general manager and board member
- Tera Yatırım Teknoloji Holding: resignation of the vice chairman and general manager
- Hareket: senior management appointment
- DCT Trading: information regarding senior executives
- Batıçim: disclosure regarding senior executives
- Kapeks Kimya: appointment of the CFO
- Gündoğdu Gıda: resignation of the chairman of the board
- Peker GYO: resignation of the general manager
- Destek Finans Faktoring: appointment of the Savings Deposit Insurance Fund as trustee
- Mercan Kimya: change in the general manager post
- Euro Yatırım Holding: allocation of duties on the board
- Euro Yatırım Holding: company general manager
- Destek Finans Faktoring: changes in board membership and general manager
- Tarfin Tarım: general manager change
- Tarfin Tarım: general manager change (update)
- İnfo Yatırım: appointment of board members, allocation of duties and representation
- Türkiye Sigorta: resignation of the general manager
- Tekfen Holding: change in executive management
- AYYAN Investment company Announces Resignation and Appointment of the Chief Executive Officer
- Rasan Information Technology Co. Announces the Appointment of the CEO
- Al Moammar Information Systems Company Announces the CEO’s Decision Not to Renew His Contract and the Appointment of an Acting Chief Executive Officer
- Nahdi Medical Company Announces the Appointment of the Chairman of the Board of Directors, the Vice Chairman, the Board Secretary, the Formation of the Board Committees, and the Appointment of the Company's Representatives before the Capital Market Authority and Saudi Exchange (Tadawul)
- Nahdi Medical Company: invitation to the Ordinary General Assembly of 27 September 2026, signed by the Chairman of the Board, Saleh Salem Bin Mahfouz (attachment to the announcement of 30 August 2026)
- Emaar, the Economic City announces the Resignation of the Chief Executive Officer and the Appointment of a Managing Director
- Middle East Paper Co. Announces the End of the Chief Executive Officer's Contract by Mutual Agreement and the Appointment of a New Chief Executive Officer
- Gulf Bank: resignation of Chief Financial Officer
- Omani Euro Food Industries: Appointing a New General Manager of the Company (disclosure dated 11 October 2026)
- Sohar Power: Appointment of a new Chief Executive Officer
- PKP CARGO S.A. w restrukturyzacji current report 81/2026: resignation of Management Board members and assignment of a Supervisory Board member to perform the duties of the President of the Management Board
- Photon Energy N.V. report 29/2026: Photon Energy Group announces the appointment of Andrej Horansky as new CFO; Stanislav Zeman assumes COO position
- Photon Energy N.V. report 30/2026: Photon Energy Group announces change of Group CFO
- AmRest Holdings SE current report 10/2026: change of Chief Executive Officer
- DFM disclosures