Board of management & supervisory board

Composition board of management 

Cenk Düzyol
Since June 1st 2016, mister Cenk Düzyol (Turkey, 1971) is Chairman of the board of management of Ballast Nedam. In this position his focus is primarily directed towards the follow up of Ballast Nedam’s strategy, co-operation with Rönesans Holding and the other companies within the Group. He is also a board member of Rönesans Holding and Renaissance Construction Russia. In 1994 mister Düzyol completed his degree in civil engineering at the Technical University of Istanbul.

Sander Lefevre
As a member of the board of management of Ballast Nedam, mister Sander Lefevre (The Netherlands, 1973) primarily takes care of the construction and infrastructure activities. Since 2006 he held several management positions within Ballast Nedam, including Director of Ballast Nedam Infrastructure Special Projects. After his education at the Delft University of Technology mister Lefevre began his career in 1995 as project manager at Royal HaskoningDHV. He is also Chief Executive Officer of the division Ballast Nedam Construction.

Olav Padberg *
Within the board of management mister Olav Padberg (The Netherlands, 1972) is responsible for all HR- and legal matters concerning Ballast Nedam as a whole and for the division Specialties & Supply. Padberg started his career at Ballast Nedam in 2007. In 2011 he was appointed as Director of Ballast Nedam N.V. Legal and Compliance Officer of the Ballast Nedam Pension Fund. Mister Padberg studied Law at the Erasmus University of Rotterdam.

Özgür Canbaş *
As a member of the board of management, mister Özgür Canbaş (Turkey, 1971) is jointly responsible for Ballast Nedam’s policy. From 1998 to 2009 mister Canbaş worked as a corporate and investment banker at Deutsche Bank in Istanbul, London and Singapore. Besides his Ballast Nedam position he currently serves as Corporate Finance Director and board member of several companies within the Renaissance Group. Mister Canbaş studied Mechanical Engineering at the Technical University of Istanbul.

Hayrettin Koçak*
Since January 1st 2017 mister Hayrettin Koçak (Turkey, 1981) appointed within the board of management as Chief Financial Officer (CFO). He focuses on finance matters insofar as it relates to Ballast Nedam as a whole. Moreover, since 2016 mister Koçak is connected to the division Ballast Nedam Construction as CFO. Before Koçak joined Ballast Nedam he had been CFO of Renaissance Construction. Between 2000 and 2004 he studied economics at the Middle East Technical University in Ankara.

Retirement schedule

Name Date of birth  Date of initial appointment Date of  reappointment End of term of office
Cenk Düzyol (chairman) 03-05-1971 20-11-2015   20-11-2019 **
Sander Lefevre 26-11-1973 17-05-2016   17-05-2020 **



* During the next General Meeting of Shareholders mister Padberg, mister Canbaş and mister Koçak are proposed for appointment as statutory director.

**  At least until the end of the first General Meeting of Shareholders taking place in the fourth year following this appointment.

Composition of the supervisory board

Ipek Ilicak Kayaalp (chairwoman)
Mrs Ipek Ilicak Kayaalp (Turkey, 1978) acts as the chairwoman and member of the board of directors of Rönesans Holding. She is also a board member of various subsidiaries of Rönesans Holding and a member of the Supervisory Board of Renaissance Construction AG. Mrs Kayaalp was appointed to the Supervisory Board of Ballast Nedam in 2015. Her current term of office ends on 20 November 2019.

Hüseyin Avni Akvardar
Mr Hüseyin Avni Akvardar (Turkey, 1965) acts as member of the board of directors of Rönesans Holding and President of Renaissance Construction. He is also a board member of various subsidiaries of Rönesans Holding. Mr Akvardar was appointed to the supervisory board of Ballast Nedam in 2015. His current term of office ends on 20 November 2019.

Emre Baki
Mr Emre Baki (Turkey, 1975) acts as member of the Board of Directors and Chief Financial Officer (CFO) of Rönesans Holding. He is also a board member of various subsidiaries of Rönesans Holding and a member of the Supervisory Board of Renaissance Construction AG. Mr Baki was appointed to the Supervisory Board of Ballast Nedam in 2015. His current term of office ends on 20 November 2019.

Leo van Doorne
Mr Van Doorne (The Netherlands, 1959)  is CEO and major shareholder of Optics Innovation Group B.V. and Director of Pallieter RENEFF B.V. He is also Chairman of the Supervisory Board of Pallieter Group B.V. and a member of the Supervisory Boards of Diana Capital SGECR SA, CityFibre Infrastructure Holdings plc.,Shanxi Guangyu LED Lighting Co. Ltd and Global BSN LLC (The Business Sustainability Network). He is also member of the Board of the Muziekgebouw Eindhoven Fund and the Thomas van Villanova Foundation and member of the supervisory boards of Verder International B.V., Eindhoven Marketing Foundation and Vrienden van het Hart Z.O. Brabant Foundation. Mr Van Doorne was first appointed to the Ballast Nedam Supervisory Board in 2012. His current term of office expires on 17 May 2017.

Retirement schedule 
Name Date of birth  Date of initial appointment Date of  reappointment End of term of office
Mrs Ipek Ilicak Kayaalp (chairwoman)   20-11-1978 20-11-2015   20-11-2019*
Mr Huseyin Avni Akvardar 29-11-1965 20-11-2015   20-11-2019*
Mr Emre Baki 02-05-1975 20-11-2015   20-11-2019*
Mr Leo van Doorne 12-09-1959 16-05-2012  17-05-2016 17-05-2017*
Vacancy        

This retirement rota is in accordance with article 16.14 of the Articles of Association and article 7.2 of the Regulations of the supervisory board of Ballast Nedam N.V. .

* At least until the first Annual General Meeting of Shareholders which will be held after four years have lapsed since the latest appointment.

Supervisory board committees
Audit committee

The audit committee of Ballast Nedam's supervisory board consists of: 

Mr E. Baki (chairman)
Vacancy 

Remuneration committee

The remuneration committee of Ballast Nedam's supervisory board consists of: 

Mr L.W.A.M. Van Doorne (chairman)
Mrs I. Ilicak Kayaalp

Selection and appointment committee

The selection and appointment committee of Ballast Nedam's supervisory board consists of: 

Mr H.A. Akvardar (chairman)
Mrs I. Ilicak Kayaalp