Hepsiburada Names M. Seçkin Köseoğlu as New CFO Effective January 1, 2024

ISTANBUL, Türkiye, Aug. 18, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announced that H. Korhan Öz has decided to step down from his position as Chief Financial Officer (“CFO”) of the Company, effective December 31, 2023, to pursue other business interests. M. Seçkin Köseoğlu has been appointed as the new CFO of the Company, effective January 1, 2024. Mr. Öz will remain with the Company to facilitate a smooth transition and a comprehensive handover of his duties, until December 31, 2023. Mr. Öz will continue to hold his current board positions in certain subsidiaries of the Company.

“On behalf of the Company, I would like to express our sincere gratitude to Korhan for his significant contributions to Hepsiburada. He has supported us in shaping the Company’s growth strategy over the years and greatly contributed in pursuing a dedicated path to profitability. We wish him every success in his future endeavors,” Nilhan Onal Gökçetekin, Hepsiburada’s CEO, said. She further added: “We welcome Seçkin in his new role at the Company. His experience in growing business and improving operational efficiencies combined with a deep knowledge of complex data analysis with customer insights to build right strategies makes him uniquely positioned to be a part of our leadership team that will take Hepsiburada into its next phase of growth.”

H. Korhan Öz said: “It has been a great pleasure to serve as the CFO of Hepsiburada over the past nine years. I have the utmost confidence in the brand, and I am deeply grateful for the incredible opportunity to work with a visionary founder, esteemed board members and one of the most dedicated teams. I am truly honored to have been part of this exceptional organization.”

M. Seçkin Köseoğlu joined Hepsiburada as Vice President responsible for Strategic Finance in February 2023. Prior to that, he held leadership roles in finance at pharmaceutical and FMCG companies including AMGEN MEA, AMGEN Turkey, Danone and P&G among others, where he played a key role in driving revenue and profit across diverse international markets covering Middle East, Africa, Eastern Europe & Türkiye. He has a track record of turning around underperforming businesses and increasing enterprise value by cost optimization and organizational transformation. Mr. Köseoğlu has a Bachelor’s degree in Mechanical Engineering from Istanbul Technical University and holds a Master of Business Administration, with honors, from Koç University.