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Main Page arrow News arrow İpek Ilıcak Kayaalp Included in Fortune's 'Turkey's 50 Most Powerful Women' List

İpek Ilıcak Kayaalp Included in Fortune's 'Turkey's 50 Most Powerful Women' List

12 April 2023
Fortune, the world's most consulted, quoted, and awarded business magazine, has published its list of 'Turkey's 50 Most Powerful Women' in their April issue. İpek Ilıcak Kayaalp, Chair of the Board of Directors of Rönesans Holding, has been included in this prestigious list featuring Turkey's most prominent women involved in business and science. The selected leaders are all well-known for their exemplary focus when it comes to sustainability in all business practices, strong belief in equal opportunities, and exceptional ability to read future trends and transformations

The female chairs, executives, and CEOs of the Turkish business world continue to ensure the successful adoption and implementation of corporate governance's basic yet crucial principles, such as effectiveness, consistency, transparency, objectivity, accountability, participation, and responsibility at all levels of management. In addition, they support the determination of the policy, vision, mission, core values, and strategy of the organizations they run and the adoption of these principles by their employees. Furthermore, they closely follow the performance of their companies and make wise decisions that increase their companies' success. 

Fortune Turkey's '50 Most Powerful Women' List has been published for the 13th time this year. It once again draws attention to influential female leaders who have added sustainability to all their business practices, believe in equal opportunities, and have a talent for anticipating future trends and transformations. Female leaders who continue to support digitalization, innovation, and entrepreneurship for the sustainability of organizations, ecosystems, and talent feature heavily on this list. 

This impressive list, published for the 13th consecutive year, uses several key criteria to determine the specific rankings of those featured, including the size and importance of the companies they run, the performance and direction of said organizations in the global economy, the progression of their individual careers, and the impact they have made in a social and cultural sense. The list's purpose is to highlight the scale and significance of the work of these exceptional leaders, the health and direction of their businesses, their impressive career advancements, and ultimately their social and cultural impact. Fortune MPW (Most Powerful Women) began as a simple list and has subsequently grown into one of the world's leading leadership communities.

Source: Fortune April 23

About Rönesans Group

Rönesans Holding, the conglomerate's top investment entity headquartered in Ankara, is the 38th largest international contracting company globally and the 9th largest in Europe. With operations spanning 30 countries across Europe, Central Asia, and Africa, including subsidiaries such as Ballast Nedam in the Netherlands and Heitkamp Industrial Solutions GmbH in Germany, Rönesans has been operating as the main contractor and investor successfully for 30 years in construction, real estate development, healthcare and energy. Putting resilience and growth through innovation at the core of the company, with a priority on sustainability and social development, Rönesans has developed projects supporting students with scholarships, academic platforms and initiatives; been a signatory of the UN Global Compact since 2015; and a signatory of the UN Women’s Empowerment Principles since 2016.

Under the leadership of its president, Erman Ilıcak, Rönesans, along with its partners GIC, Meridiam Infrastructure, Sojitz, Samsung C&T, TotalEnergies, and IFC of the World Bank Group (minority shareholder in the group), has invested more than EUR8 billion into pioneering projects globally.

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