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Born in Istanbul in 1974, Murat Tümay graduated from Clark University with a degree in Economics. He began his professional career in 1997 at The Park Avenue Bank N.A., where he held positions as Analyst, Assistant Manager, and Manager. Between 2000 and 2002, he held executive roles at Turkcell Communication Services Inc. and İş-Tim Telecommunications Services Inc. Since 2002, he has served as Chairman of the Board and CEO of Ekspo Faktoring Inc.