Ugur Bayar

Chairman of Privatization Administration -- Turkey

Few people get the chance to sell off $20 billion worth of state assets, especially at the tender age of 36. But Ugur Bayar can tell you all about it. A former Citibanker who heads Turkey's privatization administration, Bayar is restructuring Turkey's economy. This year, the Ankara-based graduate of the State University of New York at Stony Brook has presided over the $1.3 billion sale of half of POAS, the petroleum distributor, and encouraged more than 400,000 people to buy up 31% of oil producer Tupras. "I'm almost worn out," says Bayar. More sales this year will include stakes in Turk Telecom and Turkish Airlines.

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