Euro Yatırım Changes Board Roles, Removes One Signatory’s Powers
The board named Selina Özlem Şahin chair, retained joint representation powers for two executives and removed Bayram Akın’s signing authority.
Key takeaways
- Selina Özlem Şahin became board chair and Aysel Koçak Akgül became deputy chair on Oct. 13.
- Bayram Akın remains a board member, but his company signing powers were removed.
Euro Yatırım Holding changed its board roles and removed Bayram Akın’s authority to represent and legally bind the company, effective Oct. 13, according to a KAP filing.
Selina Özlem Şahin is now board chair, and Aysel Koçak Akgül is deputy chair. They continue to represent the company together through joint signatures, without limitation. Akın remains a board member.
The company said the board reviewed the grounds in a Sept. 25 letter from Turkey’s Capital Markets Board. The filing says the regulator viewed the matter as circumvention of Article 12/4 of the Share Communiqué and unfavorable under Article 12/8.
The change determines who can sign for the company: Şahin and Koçak Akgül must sign jointly, while Akın no longer has signing authority.
This article was produced with the help of AI technology. Source: Yahoo Finance
