OYAK (Ordu Yardimlasma Kurumu), one of Türkiye’s most successful supplementary occupational pension funds, has announced a 55.2% annual return (nema) rate for 2024, outperforming traditional investment tools such as foreign currencies and gold. The announcement was made during the organization’s 65th Ordinary General Assembly.
Strong Return Amid Economic Uncertainty
Managing its members’ savings with a focus on efficiency, sustainability, and responsible investment, OYAK delivered a return that exceeded inflation and alternative investment options in 2024—a year marked by global inflation-fighting measures and a balancing period in Türkiye’s economy.
The 55.2% nema rate:
- Tripled the annual return of the US dollar
- Exceeded last year’s inflation by 11 percentage points
- Outperformed gram gold by 3.5 percentage points
High-Profile Participation at the General Assembly
The General Assembly was attended by top-level officials, including:
- Minister of National Defense Yasar Guler
- Chief of General Staff Orgeneral Metin Gurak
- Naval Forces Commander Admiral Ercument Tatlioglu
- Land Forces Commander Orgeneral Selcuk Bayraktaroglu
- Air Force Commander Orgeneral Ziya Cemal Kadioglu
- Gendarmerie Commander Orgeneral Ali Cardakci
- OYAK Chairman Ret. Major General Mehmet Tas
- OYAK CEO Suleyman Savas Erdem and other board members
Strategic Investments for a Secure Future
OYAK continued to make strategic investments throughout 2024, contributing to Türkiye’s economic and industrial strength. CEO Suleyman Savas Erdem stated that despite global economic and geopolitical risks, OYAK maintained its robust financial structure and continued investments without interruption.
“In a year marked by uncertainties and fluctuations, as Türkiye entered a stabilization phase economically, our ability to foresee and manage risks, along with our agile and dynamic management approach, helped us achieve our targets,” said Erdem. “The announced return rate reflects our sustainable approach to protecting and growing our members’ wealth.”
Erdem emphasized that OYAK’s strategies are designed not only for today but also for the future. “We focused on portfolio diversity and developed innovative financial solutions to manage our members’ savings safely. Our strategic management approach ensured a strong and stable return even during global challenges.”
Beyond Financial Growth: A Sustainable Vision
Highlighting OYAK’s commitment to long-term value, Erdem noted that the organization supports its financial performance with sustainability projects, green energy investments, and digital transformation efforts.
“In today’s world, sustainable growth cannot be achieved through traditional methods. We are an organization that shapes the future through environmentally friendly investments and rapid adaptation to new technologies,” he said. “While providing strong returns, we see it as our duty to contribute long-term value to Türkiye’s industry, economy, and financial infrastructure.”
Erdem concluded by reaffirming OYAK’s mission: “The future is built on foresight. With this vision, we will continue to move forward with determination, adding sustainable value to our members’ savings and contributing to Türkiye’s future.”
Source: Foreks/ Prepared by: İlayda Gök