Ahmet Nazif Zorlu, Chairman of the Board of Directors of Zorlu Holding, was laid to rest on his final journey

Ahmet Nazif Zorlu, chairman of Turkish conglomerate Zorlu Holding, was laid to rest in Istanbul following funeral prayers, the company confirmed. Zorlu led the holding across textiles, electronics, energy and real estate, including controlling stakes in publicly listed Vestel and Zorlu Enerji. His death hands leadership of one of Turkey's largest family-owned industrial groups to the next generation at a time of persistent lira volatility and high domestic interest rates. Investors will watch for succession details and any signal of strategic shifts at Vestel and Zorlu Enerji, where governance changes could affect capital allocation.