Turkish Brokerage That Surged 3,600% This Year Appoints Erdogan Adviser to Board
The trading floor at the Borsa Istanbul stock exchange in Istanbul, Turkey.
Photographer: Ismail Ferdous/BloombergTera Yatirim Menkul Degerler AS, an Istanbul-based brokerage that’s Turkey’s best-performing stock this year, appointed one of President Recep Tayyip Erdogan’s advisers to its board.
Fecir Alptekin, a former media executive and journalist who currently serves as chief adviser to Erdogan, was appointed as an independent board member, Tera said in an exchange filing late Wednesday. Alptekin was also named chairwoman of the firm’s institutional management committee.