Akın Öngör (born 1945) is a Turkish former chief executive officer of Garanti Bank.

Early life and education

He was born in 1945. He graduated from TED and then

Middle East Technical University Middle East Technical University (commonly referred to as METU; in Turkish language, Turkish, ''Orta Doğu Teknik Üniversitesi'', ODTÜ) is a prestigious public university, public Institute of technology, technical university located in Ankara, ...

. In the college years, he played basketball as a guard. He studied business administration at METU and then started his career as a marketing expert. After working in different industries for 13 years, he joined Garanti as one of the vice presidents, responsible for marketing again. In 1991, the owner of the bank ( Ayhan Şahenk) offered the position of chief executive officer to Öngör. He ran the company for a decade. Garanti experienced a tough and quite successful metamorphosis process in his period. When Öngör became chief executive officer, Garanti's total market value was around $150 million. After ten years of work, the value had increased to US$5 billion and Garanti was chosen as "The Best Bank on Earth" by

Euromoney ''Euromoney'' is an English-language monthly magazine focused on business and finance. First published in 1969, it is the flagship production of Euromoney Institutional Investor plc. History and profile ''Euromoney'' was first published in 19 ...

. The change was so successful that, it became a case study in both

Harvard Business School Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...

and

London Business School London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degree, Master's degrees in management and finance, Master of B ...

. And that case study is still being lectured to MBA students in these schools. Öngör retired in 2001 to spend time with his wife and family.

References

{{DEFAULTSORT:Ongor, Akin 1945 births Living people Turkish bankers Middle East Technical University alumni