Pan-European retail asset manager Multi Corporation has made two senior promotions at its Turkish business, both with immediate effect.

Ertugrul Acar (left) and Oguz Ceceli (right)

Ertugrul Acar (Left) and Oguz Ceceli (Right)

Ertugrul Acar has been appointed managing director and Oguz Ceceli has been named financial director.

Acar has held the role of finance director at Multi in Turkey since December 2017. He previously worked as financial advisor at law firm Paksoy and as manager at PriceWaterhouseCoopers.

Ceceli has been reporting and finance manager at Multi in Turkey since 2013. Prior to joining Multi, he served as financial controller at Istanbul Sabiha Gokcen Airport and as audit senior at Ernst & Young.

Multi currently manages over 80 properties across Europe. It owns 11 of these, one in Belgium, one in Ukraine and nine in Turkey.