Ferit Faik Sahenk (Finance) – Overview, Biography

Name:Ferit Faik Sahenk
Real Name:Ferit Şahenk
Occupation: Finance
Gender:Male
Birth Day: November 7,
1964
Age: 58
Birth Place: Istanbul, Turkey,
Turkey

Ferit Faik Sahenk

Ferit Faik Sahenk was born on November 7, 1964 in Istanbul, Turkey, Turkey (58 years old). Ferit Faik Sahenk is a Finance, . Nationality: Turkey. Approx. Net Worth: 2.2 billion USD (2020).

Net Worth 2020

2.2 billion USD (2020)
Find out more about Ferit Faik Sahenk net worth here.

Family Members

#NameRelationshipNet WorthSalaryAgeOccupation
#1Defne Şahenk Children N/A N/A N/A
#2Filiz Sahenk Siblings N/A N/A N/A
#3Dianne Şahenk Spouse N/A N/A N/A

Physique

HeightWeightHair ColourEye ColourBlood TypeTattoo(s)
N/A N/A N/A N/A N/A N/A

Biography

Biography Timeline

1989

Şahenk graduated from The American School in Switzerland (TASIS) and earned his Bachelors from Boston College with a degree in Marketing and Human Resources in 1989. After graduation, Şahenk returned to Istanbul, where his father, Ayhan Şahenk (1929–2001), sent him to apprentice at Doğuş’ Garanti Bank. After eight years he moved to the holding company, and beginning in 1998, he has acquired two food retail chains and operated NTV by funding the expansion by selling part of the group’s Garanti Bank to the public.

2000

Understanding that top talent is essential to running a diverse group, he also created a recruitment division, Humanitas. Revenues for 1999 at privately held Doğuş Group hit $5.7 billion. In May 2000, he instituted centralized back-office operations for Doğuş’ multiple banks and is doing the same for its auto dealerships. To its banking business, Şahenk added leasing, insurance and cashback reward schemes like those of Discover Card in the United States – financial services still uncommon in Turkey at the time.

2001

He attended the Owner/President Program at Harvard University. At the age of 37, Şahenk took over his father’s Doğuş (pronounced DOUGH-oosh, literally “birth” in Turkish) Holding after Ayhan Şahenk died of a heart attack in April 2001.

2004

The net worth of the Şahenk conglomerate is around US$ 2.5 billion, with a turnover for 2005 of US$6 billion, employing about 18,000 people. He relinquished some control of the Garanti Bank, selling a quarter of the country’s third largest bank to General Electric for $1.6 billion in 2004, which was regarded as an important step towards greater liberalization in the Turkish banking sector, which had been severely affected by the 2001 economic crisis.

2006

He also runs Turkish media properties capturing more than 10 per cent of country’s advertising market. The flattering of the government and Turkish PM with his media company has been widely criticized and protested against by Turkish citizens. Bankrolled Gallipoli, a film about the Turkish military battle against the Allied offensive. On 28 January 2006 Şahenk held a reception during the World Economic Forum meeting in Davos, Switzerland.

In May 2006, Şahenk was elected Chairman of the Executive Board of the Turkish-U.S. Business Council, a Turkish business group that promotes trade and business relationships between the two countries.

🎂 Upcoming Birthday

Currently, Ferit Faik Sahenk is 58 years, 0 months and 26 days old. Ferit Faik Sahenk will celebrate 59th birthday on a Tuesday 7th of November 2023.

Find out about Ferit Faik Sahenk birthday activities in timeline view here.

Ferit Faik Sahenk trends

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