ROKETSAN Board of Directors: Chairman, AGM and Governance
The ROKETSAN Board of Directors is the company’s highest management body: it takes the strategic decisions and oversees the general manager’s office. The chairman is Prof. Dr. Faruk Yiğit, who was re-elected at the Ordinary General Assembly in June 2024 and was still referred to as chairman in October 2025. General Manager Murat İkinci runs day-to-day operations. The company does not regularly publish a current, complete list of board members.
| ROKETSAN Board of Directors — At a Glance | |
|---|---|
| Chairman of the Board | Prof. Dr. Faruk Yiğit |
| Deputy chairman (2020 record) | Musa Şahin (designated after the 2020 General Assembly; his current role has not been officially confirmed) |
| General Manager | Murat İkinci (since June 2020) |
| Latest verified General Assembly | 13 June 2024 — attended by SSB President Prof. Dr. Haluk Görgün |
| Body that appoints the board | General Assembly; largest shareholder is TSKGV (55%) |
| Shareholders | TSKGV 55%, ASELSAN 15%, MKE 15%, VakıfBank 10%, others 5% |
| Current complete list of board members | Not officially disclosed |
| Stock exchange | Not listed (not publicly traded) |
Who sits on the ROKETSAN board of directors?
The board is headed by Prof. Dr. Faruk Yiğit. His chairmanship entered the public record in June 2020, when he appeared in that capacity in the written announcement of the change of general manager; he was re-elected chairman at the Ordinary General Assembly held on 13 June 2024. OYAK’s news item of 14 October 2025 also refers to him as Chairman of the ROKETSAN Board of Directors.
The other board members are not announced by name in every term. The verified record we hold dates from the 2020 General Assembly: at that meeting Yunus Emre Karaosmanoğlu and Ahmet Türkmen were elected to the board in place of Deputy Ministers of National Defence Muhsin Dere and Mustafa Aysan, and at the board meeting that followed, Musa Şahin was designated deputy chairman from among the members. Because ROKETSAN has not published an official list covering these individuals’ present roles or the board’s composition after 2024, this article does not give a current member count or roster.
How is the board formed? TSKGV and the shareholder structure
ROKETSAN is a joint-stock company governed through its General Assembly, and it is the General Assembly that elects the board members. In the company’s capital, the Turkish Armed Forces Foundation (TSKGV) holds 55%, ASELSAN 15%, MKE 15%, VakıfBank 10% and other shareholders 5%. This distribution indicates that the foundation carries the greatest weight in the board’s composition; however, how many representatives each shareholder sends has not been officially disclosed.
The attendance of senior Presidency of Defence Industries (SSB) leadership at General Assembly meetings is also noteworthy: SSB President Prof. Dr. Haluk Görgün attended the 2024 meeting, and the SSB announced it from its official account. This reflects ROKETSAN’s weight in public-sector defence industry planning.
Board or general manager? Who does what
A frequent point of confusion: Murat İkinci is the general manager, not the chairman of the board. The board approves strategy, the budget, and major investment and partnership decisions; within that framework the general manager runs the company day to day and is responsible for the engineering and production teams. İkinci was appointed in 2020 after the board accepted Selçuk Yaşar’s retirement request; Yaşar had served as general manager since February 2012 and had spent 32 years with the company since its founding.
At the time of his appointment İkinci was general manager of STM Savunma Teknolojileri Mühendislik ve Ticaret A.Ş. (since 2018) and had held senior positions at STM since 2008. He is a graduate of Bilkent University’s Computer Engineering department. For more on the general manager, see our article ROKETSAN General Manager.
The table below summarises, in chronological order, the board and General Assembly records that have reached the public domain. Periods not shown are left blank because no official board announcement exists for them.
The board’s role in company strategy
ROKETSAN has grown markedly in scale during this period: the company reached roughly 5,000 employees, reported turnover above $2 billion in 2025, and in April 2026 brought its Lalahan and Kırıkkale facilities into service with a combined investment exceeding $1 billion. The board does not set these growth targets alone; it approves them within defence industry planning shaped together with the SSB, the Ministry of National Defence and the co-shareholders.
The goal of raising the export share (more than 50% of turnover) and major programmes such as ATMACA, SİPER and HİSAR are also part of the board’s agenda. However, because board meeting minutes are not public, it is not possible to show at which meeting a particular product decision was taken.
Transparency: where to find information
Because ROKETSAN is not listed on a stock exchange, it is not bound to the regular public disclosure calendar that applies to listed companies. Board changes are mostly announced through post-General Assembly press statements, trade registry records and the company’s corporate social media accounts. The most reliable way to check the current board composition is the Turkish Trade Registry Gazette records and the corporate section of roketsan.com.tr.
The names and dates in this article have been confirmed against news records based on Anadolu Agency, OYAK’s official news item and the Presidency of Defence Industries’ General Assembly announcement. The complete post-2024 member list, which shareholder each member represents, and the current status of the deputy chairman have not been officially disclosed, so they are not included; the article will be updated when a new official announcement is published.
Frequently Asked Questions
Who is the chairman of the ROKETSAN board of directors?
The Chairman of the Board is Prof. Dr. Faruk Yiğit. He was re-elected at the Ordinary General Assembly in June 2024 and was still referred to as chairman in October 2025.
Is Murat İkinci the chairman of the board?
No. Murat İkinci has been ROKETSAN’s General Manager since June 2020. The board chairmanship and the general managership are separate roles.
Who elects the members of the board of directors?
The General Assembly elects the members. Shareholders such as TSKGV, which holds 55% of the capital, ASELSAN, MKE and VakıfBank carry weight in this process; however, how many members each shareholder sends has not been officially disclosed.
When did the General Assembly last meet?
The most recent Ordinary General Assembly that can be verified was held on 13 June 2024. A General Assembly and a subsequent board meeting also took place in 2020.
Where can I find the full list of ROKETSAN’s board members?
The company does not regularly publish a current complete list. You can check the Trade Registry Gazette records and the corporate section of roketsan.com.tr.
Is ROKETSAN a publicly traded company?
No. It is not listed on a stock exchange; its capital is shared among TSKGV, ASELSAN, MKE, VakıfBank and other shareholders.
Sources
- CNN Türk / AA: Change of general manager at ROKETSAN (12.06.2020) — cnnturk.com
- Türkiye Today: Roketsan reelects Yigit as chairman in ordinary general assembly meeting (13.06.2024) — turkiyetoday.com
- OYAK: OYAK Senior Management Hosted Roketsan Executives (14.10.2025) — oyak.com.tr
- ROKETSAN official corporate page — roketsan.com.tr
- Presidency of Defence Industries (SSB) — ssb.gov.tr
