Chief legal counsel | Fiba Group
Kerem Moralı
Chief legal counsel | Fiba Group
Chief legal counsel | FIBA
Chief legal counsel | Fiba Holding
After graduating from law school, Kerem Moralı pursued an academic career at Galatasaray University between 1995 and 1998, enabling him to set the foundation and acquire invaluable skills he would put to good use later. After completing his military service, he worked at Finansbank for three years, and in 2002 started working at Somay Law Office as a senior associate. In 2005 he returned to Fiba Group and has been working there ever since. He states one of the highlights of his career to be having started as an in-house lawyer at Finansbank which was at that time still owned by the Fiba Group. During the period he worked for Finansbank as a young in-house lawyer, Moralı had the chance to meet and work with renowned Turkish businessman and owner of Fiba Group, Hüsnü Özyeğin, who broadened his professional outlook with his business acumen and entrepreneurship, as Moralı explains: ‘He [Özyeğin], later invested his trust in my potential to hire me as the chief legal counsel to Fiba Group which was another stepping stone in my career’. Soon after he undertook the role, Özyeğin sold Finansbank which generated a significant amount of capital for Fiba Group to invest in various sectors and become a key conglomerate in the Turkish economy. ‘This, in turn, gave me an opportunity to develop my professional skills and a challenge, of making every day unique’, says Moralı. After the Finansbank sale he was not just the chief legal counsel, but the sole legal in-house counsel, due to the fact that Fiba was investing in various sectors and rapidly growing. This meant that Moralı had the responsibility of building the right team and creating a legal department – a task he excelled at. Thanks to Moralı, today the company has a very strong in-house legal team which is involved in M&As and project finance initiatives regularly. One of the most notable transactions he has been involved in during the last three years was the sale of a 65% stake in Kumport, one of the leading ports in Turkey.