Guler Sabancı among the World’s 30 Most Powerful Women...

21.08.2009
  • GULER SABANCI AMONG THE WORLD’S 30 MOST POWERFUL WOMEN...
  • FORBES MAGAZINE RANKS SABANCI HOLDING CHAIRMAN GULER SABANCI AS "THE 27TH MOST POWERFUL WOMAN IN THE WORLD".

Sabancı Sabancı Holding Chairman Guler Sabancı ascended by 48 ranks and came in 27th this year on the list “The 100 Most Powerful Women in the World” compiled annually by Forbes Magazine.  Guler Sabancı is the only Turkish businesswoman on the list.

Guler_Sabancı_kurier_320x240.jpgHaving described her as the “Turkey's most powerful businesswoman”, Forbes wrote about Guler Sabancı: “Sabancı took over as board chairman of the Sabancı conglomerate in May 2004 after the death of her uncle, Chairman Sakip Sabancı. Despite the global recession, she's been busy privatizing an electricity distribution company, a first for the country; and expanding the commercial vehicle business with a new factory in Cairo. Sabancı is a strong advocate of Turkey joining the European Union. Formerly head of the group's tire production division, which she joined in 1978, Sabancı also looks after Sabancı University, which the family established in 1996 on the outskirts of Istanbul. She also runs a private vineyard with an uncle under various labels including "G" and "Festival."

German Chancellor Angela Merkel is at the top of this year's list compiled by Forbes, while Hillary Clinton is ranked the 36th, Michelle Obama 40th, and the Queen Rania of Jordan 75th.

Sabancı was ranked 75th in Forbes’ list last year.  Sabancı was also ranked by Financial Times as the 8th among “The 25 Top Businesswomen in Europe” in 2007 and by Fortune Magazine the 9th among “The 50 Powerful Women in the World” in 2008.