Anders Igel and Erdal Durukan elected to Turkcell Board. TeliaSonera objects to independent members election.
- 2006-05-22 18:28 UTC
Today, during the General Assembly of Turkcell Iletisim, the Board of directors was elected. The Directors comprise among others Anders Igel, President and CEO of TeliaSonera and Erdal Durukan, President of TeliaSonera in Eurasia and Turkey, as the TeliaSonera representatives.
During the General Assembly TeliaSonera voted for the election of the TeliaSonera and Cukurova nominees but objected to the election of the other three board members basically due to lack of proven independence.
“We persevere that there should be an agreement in the Turkcell Holding Board on the nomination of the entire Board of Turkcell and that two out of the three remaining members should be truly independent according to the US Securities and Exchange Commission´s guidelines. This is the only way to secure good corporate governance,” concludes Anders Igel.
TeliaSonera will continue to take all the necessary steps to ensure the application of good corporate governance principles in Turkcell and to protect TeliaSonera´s legal rights.