About

The Akbank – project financing and treasury transactions division’s legal department is managed by managing counsel Cem Davutoglu, and is made up of three lawyers and one support staff. Upon joining this division of Akbank, Davutoglu hired team members and developed internal procedures and policies, as previously most legal matters were handled by external counsel, directly hired by the bank’s departments without involvement of the legal department. Since then the legal department has established a direct working relationship with the senior management and executive board members. The first half of the year saw the team mostly work on new lending transactions, whereas the second half saw them focus on the technically complex restructuring of Türk Telekom.