Sezgin Baran Korkmaz is the founder and CEO of SBK Holding.
SBK Holding is a firm which invests in distressed bank assets and companies in financial distress. However, instead of breaking these assets and selling the component parts, SBK invests in them with intention of returning them to sustainability and successful businesses.
In addition to being a successful entrepreneur, Sezgin Baran Korkmaz has a strong social mission. He has donated to eight boarding schools in his hometown and has provided humanitarian aid to Somalis, Turkmens and Yazidis in Iraq. Having lost his father at the age of three, he is passionate about helping Syrian refugees and children all over the world. Over the past five years, Mr. Korkmaz has donated over 30 million USD to various causes.
Mr. Korkmaz began his entrepreneurial career by inventing, producing, selling, and distributing innovative technologies. At a young age, Mr. Korkmaz invented Protective Engine Oil Additive, an electromagnetic device used to maximize fuel efficiency, as well as a device to improve the quality of drinking water. Shortly thereafter, he opened his first factory, manufacturing a product by the name of Rock Oil. Baran further established a robust distribution network for his products to service both the public and private sectors.