Bloomberg News

One-Third of Turkish Board Members Must Be Independent: Official

October 12, 2011

Oct. 12 (Bloomberg) -- A Turkish law published in the Official Gazette yesterday requires one-third of the members of the board of directors of companies traded on the ISE 30 index of the country’s biggest firms to be independent, an official of the market regulator said on usual condition of anonymity today by telephone.

To contact the reporter on this story: Ali Berat Meric in Ankara at americ@bloomberg.net

To contact the editor responsible for this story: Mark Bentley at mbentley3@bloomberg.net


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