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Mehmet Kanar, CPA

PricewaterhouseCoopers LLP, New York, United States

Manager

  • Responsible for teams of professionals to deliver audit service to top tier SEC registrant US GAAP reporting public and non-public insurance clients. Client portfolio includes;

o        Arch Insurance Group, a division of Arch Capital Group Ltd., provides a wide range of property, casualty and specialty insurance for businesses and professional firms. Subject to Sarbanes-Oxley compliance audit: “Audit of Internal Control over Financial Reporting”,

o        Global Aerospace, Inc., a leading provider of aviation and aerospace insurance throughout the world.


  • Other key professional responsibilities: Resolution of auditing and reporting issues as well as internal control issues, implementation of new technical standards, risk assessment and management, develop and maintain strong client relationships, manage communication between engagement partner, other teams, technical experts, Ethics Office, Risk & Quality, etc.

  • Administrative responsibilities: Recruit/retain/train and develop staff, manage billable/chargeable hours and project profitability.

  • Professional trainings attended: Annual Manager training, International Financial Reporting Standards (“IFRS”) update, Insurance practice annual partners and managers training, US GAAP technical seminar.


Senior Associate

  • Responsible for supervision of professionally degreed staff of associates during the audit of public and non-public companies.

  • Client portfolio included:

o        Assured Guaranty Ltd., a leading provider of financial guarantee and credit enhancement products to investors, financial institutions and other participants in the global capital markets. Subject to Sarbanes- Oxley compliance audit: “Audit of Internal Control over Financial Reporting”,

o        American International Insurance Company, mass-marketing group of American International Group (“AIG”),

o        Freddie Mac, a stockholder-owned corporation charted by Congress to help stabilize the U.S. mortgage markets by creating a continuous flow of funds to mortgage lenders in support of homeownership and rental housing.


  •  Other key professional responsibilities: Budgeting, management of client relations, managing communication with team manager, other teams, and other lines of service.

  • Professional trainings attended: Quality engagement management, Assurance Senior Associate US GAAP Technical Seminar, and other various technical and soft skills trainings.


PricewaterhouseCoopers, Istanbul, Turkey

Senior Associate


  • Responsible for the ongoing auditing procedures for IFRS reporting public and non-public companies, supervision of associates, communications with various internal and external parties.

  • Client portfolio includes:

o        Dogan Group, a registered holding company in Turkey which coordinates the activities of and liaise between companies operating in different fields including media, energy, telecommunications, tourism, insurance, manufacturing and marketing,

o        Yasar Group, a private holding company in Turkey which coordinates the activities of and liaise between companies operating in different field including tourism, insurance, manufacturing and marketing,

o        Insurance companies such as Allianz, Generali, Gunes (subsidiary of Groupama), Garanti (local),

o        Koc Leasing and Koc Factoring,

o        Bayer, Cisco, Ericsson, Tui Group.


  • Took place in various valuation projects managed by PricewaterhouseCoopers Transaction Services department


Education & Certificates


  • B.A.- Economics, Honor degree

              BogaziciUniversity, Istanbul, Turkey 07/01


  • 335th place in the National College Entrance Exam, 1997 (Out of 1,500,000 students)

  • Certified Public Accountant (CPA), United States

  • Certified Public Accountant (SMMM), Istanbul, Turkey


  • Computer Proficiency: Excel, Word and all other Office Programs


  • Language Proficiency: Turkish, English, Russian (intermediate)

E-mail: mehmet.kanar@nafsllp.com


Mustafa Sapmaz

PricewaterhouseCoopers, Istanbul, Turkey

Manager (2003 – 2009)


  • Planned and managed audit engagements of companies listed in Istanbul Stock Exchange (ISE) and subsidiaries of multinationals in Turkey.

  • Managed a portfolio of 25 clients comprised of Industrial Production, Consumer Products, Telecommunications, Food and Beverage, Automotive Components and Healthcare companies.

  • Client portfolio included:

o        Subsidiaries of second biggest conglomerate in Turkey operating in financial services, energy, retail, cement, automotive, tire,

o        Subsidiaries of the leading media holding in Turkey,

o        Subsidiaries and parent of a major conglomerate operating in food and beverage, chemicals and paint, agriculture, trading and services industries with nationwide brands.

o        Subsidiary of General Electric (GE),

o        Subsidiary of major U.S.-based cruise vacation company,

o        Subsidiaries of German multinationals

o        Subsidiaries of Korean, American, Swedish multinationals.


  • Specialized in International Financial Reporting Standards (“IFRS”) (5+ years), German GAAP (2+ years) and in US GAAP (3+ years).

  • Obtained Sarbanes-Oxley (SOX) regulation training.


  • Participated in IFRS client trainings as instructor.

Education & Certificates

  • Bachelor of Business Administration (BBA), DokuzEylulUniversity, Izmir, Turkey (99-03)

              Concentration: Accounting and Finance, High honor graduate.


  • Certified Public Accountant (“SMMM”), Istanbul, Turkey


  • Licensed Independent Auditor, Istanbul, Turkey


  • Computer literacy: Microsoft Office (Word, Excel, PowerPoint), Windows, Lotus Notes.


  • Language literacy: Turkish (native), English (written and spoken: fluent), German (written: advanced, spoken: intermediate).


  • Member of Istanbul Chamber of Certified Public Accountants (ISMMMO).