Ali Sabanci
Encyclopedia
Ali İhsan Sabancı a member of the renowned Sabancı family
in third generation, is a Turkish
businessman.
, Turkey
as the second child and youngest son of Şevket Sabancı
(1936). Between 1987 and 1991, he was educated in political science and economics at Tufts University
in Medford, Massachusetts
, United States
. He worked then in Morgan Stanley
& Co. Inc. for two years as a financial analyst. Ali attended in 1993 Columbia Business School
in New York
, and earned 1995 his master’s degree in international finance.
Returned to Turkey, he worked in a branch office of family owned Akbank
. In 1997, Ali was appointed to head of projects department in the Sabancı Holding
, Turkey’s second biggest industrial and financial conglomerate, and became in June 2001 head of strategy and business development department. Well experienced, he left the family controlled business by the March 2004, shortly before the death of chairman Sakıp Sabancı
to join Esas Holding, which was founded by his father and he has a 25% share of.
Currently, he is the chairman of Pegasus Airlines
, Desas (commercial vehicles rent) and Esaslı Gıda (food), and board member of some other group companies.
He is married to his schoolmate from university years, Vuslat Doğan Sabancı, daughter of media mogul Aydın Doğan
and vice president of Newspaper Hürriyet
. They have two sons, Şevket Emrecan and Kaan Ali.
Sabanci family
The Sabancı family is a dynasty of Turkish businesspeople founded by Hacı Ömer Sabancı, a self-made wealthy trader. Some second and third generation members of the family control today Turkey’s largest and prestigious group of companies, established mostly by the efforts of his son Sakıp Sabancı...
in third generation, is a Turkish
Turkish people
Turkish people, also known as the "Turks" , are an ethnic group primarily living in Turkey and in the former lands of the Ottoman Empire where Turkish minorities had been established in Bulgaria, Cyprus, Bosnia and Herzegovina, Georgia, Greece, Kosovo, Macedonia, and Romania...
businessman.
Biography
Ali was born 1969 in AdanaAdana
Adana is a city in southern Turkey and a major agricultural and commercial center. The city is situated on the Seyhan River, 30 kilometres inland from the Mediterranean, in south-central Anatolia...
, Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
as the second child and youngest son of Şevket Sabancı
Sevket Sabanci
Şevket Sabancı , a member of the renowned Sabancı family in second generation, is a Turkish businessman and philanthropist.-Biography:...
(1936). Between 1987 and 1991, he was educated in political science and economics at Tufts University
Tufts University
Tufts University is a private research university located in Medford/Somerville, near Boston, Massachusetts. It is organized into ten schools, including two undergraduate programs and eight graduate divisions, on four campuses in Massachusetts and on the eastern border of France...
in Medford, Massachusetts
Medford, Massachusetts
Medford is a city in Middlesex County, Massachusetts, in the United States, on the Mystic River, five miles northwest of downtown Boston. In the 2010 U.S. Census, Medford's population was 56,173...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. He worked then in Morgan Stanley
Morgan Stanley
Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....
& Co. Inc. for two years as a financial analyst. Ali attended in 1993 Columbia Business School
Columbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, and earned 1995 his master’s degree in international finance.
Returned to Turkey, he worked in a branch office of family owned Akbank
Akbank
Akbank is Turkey-based bank and was founded in Adana, Turkey on January 1948, originally to provide financing for the cotton producers in the Çukurova region. Growing and developing over time, the Bank opened its first branch in Istanbul in the district of Sirkeci on July 14, 1950, moving its...
. In 1997, Ali was appointed to head of projects department in the Sabancı Holding
Sabanci Holding
Hacı Ömer Sabancı Holding A.Ş., abbreviated as Sabancı Holding, is the largest industrial and financial conglomerate in Turkey by profit. The holding is owned at about 75% by the Sabancı family, one of Turkey's wealthiest. 3% is owned by the Sabancı University and the Sabancı Foundation. The...
, Turkey’s second biggest industrial and financial conglomerate, and became in June 2001 head of strategy and business development department. Well experienced, he left the family controlled business by the March 2004, shortly before the death of chairman Sakıp Sabancı
Sakip Sabanci
Sakıp Sabancı was a prominent Turkish business tycoon and philanthropist.Born as the second son of a cotton trader, he worked in all the ranks of his father's business without completing high school. He was the head of Turkey's largest business conglomerate and 147th richest man on the Forbes list...
to join Esas Holding, which was founded by his father and he has a 25% share of.
Currently, he is the chairman of Pegasus Airlines
Pegasus Airlines
Pegasus Airlines is a low-cost airline headquartered in the Halkalı area of Küçükçekmece, Istanbul, Turkey. Formerly a charter airline in partnership with Aer Lingus, Pegasus is now completely controlled by Esas Holding.- History :...
, Desas (commercial vehicles rent) and Esaslı Gıda (food), and board member of some other group companies.
He is married to his schoolmate from university years, Vuslat Doğan Sabancı, daughter of media mogul Aydın Doğan
Aydin Dogan
Aydın Doğan is a Turkish entrepreneur and businessman.-Biography:Born in 1936 as a member of a well-known family in Kelkit, Aydin Dogan got his elementary and secondary school education in Kelkit and finished high-school in Erzincan...
and vice president of Newspaper Hürriyet
Hürriyet
-External links:* * ** * *...
. They have two sons, Şevket Emrecan and Kaan Ali.