Skip to main content
Part of complete coverage on

How Turkey's business superwoman built empire in man's world

From Becky Anderson, CNN
January 25, 2013 -- Updated 1057 GMT (1857 HKT)
STORY HIGHLIGHTS
  • Guler Sabanci is in charge of Turkey's largest financial and industrial conglomerate
  • She is the third generation of her family to run the business, founded by her grandfather
  • She also controls a university, museum and foundation bearing her family's name

Istanbul, Turkey (CNN) -- In Turkey, you can't go far without coming across the name Sabanci.

Sabanci Holding is the country's largest financial and industrial conglomerate. Also present in 17 other countries and covering financial, energy, cement and retail sectors, the giant accounts for 12% of Istanbul Stock Exchange, and employs 56,000 people.

There is also a Sabanci University, a Sabanci Foundation and a Sakip Sabanci Museum in Istanbul.

Sabanci: Teamwork is everything

And at the head of it all is one woman, Guler Sabanci, who has been chairwoman and managing director of the empire since 2004.

Under Sabanci's stewardship, the company has grown at an average of 12% a year in the past decade, with plans to increase growth in the next 10 years.

In 2011, Sabanci was ranked number two in the Financial Times "Top 50 Women In World Business," and in 2012 was number 93 on Forbes' "World's Most Powerful Women" list.

Sabanci, 58, is the third generation of her family -- and the first woman -- to run the company started by her grandfather Haci Omer as a textile business in Adana, southern Turkey, in the early 20th century.

Guler Sabanci joined the family business -- following her five uncles -- after graduating from university in 1978 in the new tire manufacturing company.

"The tire company was something new it was just coming up, a new venture in the group," said Sabanci. "When I graduated I guess I wanted to have blue-ocean strategy."

We are very fortunate now today. This is the century of women.
Guler Sabanci

She became the first female member of the Turkish Industrialists' and Businessmen's Association, an organization founded by her uncle.

"I was the first woman, they made a big ceremony for me becoming a member," she said.

CNN met Sabanci at the Sakip Sabanci Museum in Istanbul, once the family's summer home, named after her late uncle who donated his unique collections of Ottoman calligraphy and Turkish paintings.

"He lived here with his family in the last 25 years before it became a museum and he has donated his two collections," said Sabanci. "I am very pleased to say he himself had the joy of seeing it turn into a museum.

"It was one of his (dreams) was ... to have a Picasso exhibition in this museum and I am pleased to say we were able to realize this dream. And it was a hit it was a great blockbuster, it was the first ever Picasso show in Turkey."

Other recent exhibitions have included Monet and Rembrandt.

Also on Leading Women: 8 women on Twitter who will inspire, inform and amuse you

Philanthropy is important to Sabanci, who has been president of Sabanci University since she set it up in 1996. The Haci Omer Sabanci Foundation, of which she is president of the board of trustees, has made more than US$1.5 billion in charitable contributions since 1974.

"Being a good person and fair person is very important in life, I think," she said. "And also life is meaningless if only you are only making money."

She extends that approach to women's rights.

"Not every woman has what I have, so if I could do something to help them that should also be my duty," she said.

I don't have time for regrets. I go forward, I'm a doer.
Guler Sabanci

Sabanci insists there were no barriers for her as a woman within her family, but that she faced discrimination from both within and outside the company as she was rising through the ranks in the 1980s.

"We are very fortunate now today. This is the century of us -- this is the century of women," she said.

Sabanci says she regularly has lunch with randomly chosen female employees to ensure they feel they are being treated equally.

In 2011, Sabanci received the "Clinton Global Citizen Award" founded by former U.S. President Bill Clinton, for her work towards ending child marriages in Turkey through the NGO Girls Not Brides.

"I believe that it is girls' human rights to go to school to be educated, minimum until they are 18," she said.

"Afterwards you can call them adults, they can make their own decisions. But until they are 18, it is everybody's responsibility, their families, the authorities, us, everybody is responsible."

Also on Leading Women: 10 ways women can succeed at work in 2013

Sabanci has never married or had children of her own. She said she has too busy to think about settling down and has no regrets.

"Never, never, never. I don't have time for regrets. I go forward, I'm a doer and I always have projects and dreams."

ADVERTISEMENT
Part of complete coverage on
January 24, 2013 -- Updated 1559 GMT (2359 HKT)
Move over Wall Street. Meet the most ambitious women on earth: The go-getting, educated women in Brazil, Russia, India, and China.
January 25, 2013 -- Updated 1057 GMT (1857 HKT)
Business tycoon and philanthropist Guler Sabanci is the first woman to head Turkey's ubiquitous Sabanci dynasty
January 17, 2013 -- Updated 1833 GMT (0233 HKT)
As a young art graduate Bharti Kher traveled to India. 20 years later she is still there and one of the country's most successful artists.
January 9, 2013 -- Updated 0949 GMT (1749 HKT)
Your Twitter feed can be inspiring, make you laugh, and even change the way you look at the world ... if you pick the right people to follow.
December 21, 2012 -- Updated 0448 GMT (1248 HKT)
As we prepare to embrace a new year, women have been sharing their plans to improve their work life in 2013.
December 17, 2012 -- Updated 1437 GMT (2237 HKT)
One of the best-loved sopranos of her generation, Sumi Jo's route to operatic acclaim was laid out by her mother before she was born.
December 12, 2012 -- Updated 1227 GMT (2027 HKT)
Women: Want to get your career off to a flying start or shift up a gear? Share your plans and resolutions for 2013. We'll feature the best.
December 20, 2012 -- Updated 1854 GMT (0254 HKT)
When Grace Lieblein started her career in a car assembly plant at the age of 18, she was a rare woman in a man's world.
December 5, 2012 -- Updated 1039 GMT (1839 HKT)
From selling fax machines door-to-door to being named a billionaire, Sara Blakely's career trajectory has been anything but usual.
December 12, 2012 -- Updated 1241 GMT (2041 HKT)
A single mother with few qualifications, Pernille Aalund is CEO of Innovation at one of Scandinavia's biggest media houses.
November 27, 2012 -- Updated 1155 GMT (1955 HKT)
The legal profession in the UK loses a huge number of women after career breaks. A firm allowing lawyers work flexibly aims to change that.
November 15, 2012 -- Updated 1557 GMT (2357 HKT)
An employee of Indian Biotechnology firm Bharat Biotech displays the newly launched typhoid vaccine called 'Typbar'.
As one of India's richest self-made women, Kiran Mazumdar-Shaw has an impressive resume.
November 19, 2012 -- Updated 1032 GMT (1832 HKT)
A businessman reads a document over his secretary's shoulder, circa 1935
Attorney Victoria Pynchon's article in favour of using "feminine charms" in the workplace generated a huge -- and divided -- response.
November 14, 2012 -- Updated 1729 GMT (0129 HKT)
A woman sits on a desk during a meeting with two colleagues, circa 1960.
Women should use all tools at their disposal, writes Victoria Pynchon, attorney and co-founder of She Negotiates consultancy firm.
October 25, 2012 -- Updated 1317 GMT (2117 HKT)
Potential employers meet with students at Barnard College, the undergraduate women's college of Columbia University.
Beth Brooke of Ernst & Young argues that empowering women can bring as many business benefits as investing in high growth markets.
October 31, 2012 -- Updated 1625 GMT (0025 HKT)
With more works in galleries and increasing prices at auction, the art world is finally recognizing the value of female artists' work.
On Day of the Girl, CNN spoke to some of the world's most remarkable women to find out: "Looking back, what one piece of advice would you give to your 15-year-old self?"
October 11, 2012 -- Updated 1139 GMT (1939 HKT)
Leymah Gbowee, the Liberian activist who last year won the Nobel Peace Prize, says she is disappointed with fellow winner Ellen Johnson Sirleaf.
October 9, 2012 -- Updated 1110 GMT (1910 HKT)
As Co-Chairman of Universal Pictures, Donna Langley is a member of an elite club: She's a female movie mogul in Hollywood.
October 5, 2012 -- Updated 1930 GMT (0330 HKT)
Felicity Aston in Antarctica
Battling frustration, solitude and the smell of fish and chips, Felicity Aston tells CNN how she become the first woman to ski solo across Antarctica.
Drop the gender wars at work -- collaboration and communication are the key to business success, say Twitter chat participants.
September 12, 2012 -- Updated 1551 GMT (2351 HKT)
If are planning on running away to join the circus, first you need to impress someone like Krista Monson, Cirque du Soleil's casting director.
September 3, 2012 -- Updated 1116 GMT (1916 HKT)
Judit Polgar
In the game of chess, Judit Polgar has dominated all others for more than 20 years. But, she says, after the birth of her first child, things fell apart.
August 8, 2012 -- Updated 0854 GMT (1654 HKT)
A provocateur, whom critics have described as "the Lady Gaga of architecture", Zaha Hadid gave London the knockout Olympic venue.
Brazil's striker Marta runs during the quarter-final match of the FIFA women's football World Cup Brazil vs USA on July 10, 2011 in Dresden, eastern Germany.
It's a man's game, or so the old adage goes. In recent times, though, an increasing number of women have taken up leadership roles in both men's and women's football.
July 4, 2012 -- Updated 1246 GMT (2046 HKT)
As coordinator for the world's biggest science experiment, CERN's Fabiola Gianotti occupies one of the top jobs in science.
May 23, 2012 -- Updated 0954 GMT (1754 HKT)
Be prepared, the next big thing facing a green makeover might just be your closet.
CNN anchors asked women around the world what success means to them. Here's what they said.
ADVERTISEMENT