Daily Sabah (Turkey)

Güler Sabancı named among world’s most powerful women

-

TURKISH business tycoon Güler Sabancı is among the world’s most powerful women, according to U.S. business magazine Forbes. Sabancı, chair and managing director of Sabancı Holding, Turkey’s second-largest conglomera­te, is ranked number 64 on Forbes’ 100 Most Powerful Women list.

Sabancı is the first woman to run Sabancı Holding, whose companies operate in banking, energy, retail and insurance. She is also founding president of Sabancı University and chair of the Sabancı Foundation, Turkey’s largest private charity.

Despite the defeated coup attempt of 2016, that year the company helped construct a new coal-fired power plant, the largest in Turkey. On the list, German Chancellor Angela Merkel was named the world’s most powerful women for the eighth consecutiv­e year and 13 times in total. Merkel was followed by British Prime Minister Theresa May and Christine Lagarde, managing director of the Internatio­nal Monetary Fund.

Sabancı leapfrogge­d over such figures as EU foreign policy chief Federica Mogherini, pop star Taylor Swift and 23-time Grand Slam winner Serena Williams.

The annual list represents women in six categories: business, technology, finance, media and entertainm­ent, politics and policy, and philanthro­py. Forbes applied the metrics of money, media impact and spheres of influence to determine their rankings.

Newspapers in English

Newspapers from Türkiye