J. WILLIAMS REPLACES KARAMEHMET AS TURKCELL PRESIDENT

Turkcell announced Thursday night that Colin J. Williams --a member of Turkcell executive board since 2006-- was appointed as Turkcell President.
Williams has also been serving as the chairman of Turkcell Audit Committee since 2006.
Turkcell thanked Karamehmet --still a member of the board of executives-- for his services in Turkcell's growth
Karamehmet, who ranked second in Forbes' list of the wealthiest in Turkey, was recently sentenced to 11 years and 8 months of imprisonment and 471.95 Million TL of fine by a court, for credit fraud in dissolved Pamukbank.
Karamehmet is expected to appeal the ruling at the Supreme Court.