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Mahmut L Unlu

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Name  Mahmut Unlu

Mahmut L. Ünlü (born 30 March 1967) is a Turkish business executive and entrepreneur. Mahmut L. Ünlü who established ÜNLÜ & Co, is currently acting as the Chairman and CEO of the Company. He is married to Şebnem Kalyoncuoğlu Ünlü and they have four children.



Ünlü was born in Istanbul, Turkey, where he completed his high school education. He was the co-president of the Student Council as well as the member of athletics team and the National Champion folklore team. Ünlü studied Mechanical Engineering in Boğaziçi University between 1985-1988. Then he continued his education in Georgia Institute of Technology, Atlanta, where he graduated from the Mechanical Engineering Department in 1989 as the top of his class. He received his MBA degree in Finance and Entrepreneurship from Rice University, Houston, Texas in 1991. Additionally, he received the Finance Award and was a Jones Scholar.


Mahmut Ünlü started his career as an Associate in ‘İktisat Bankası’ in 1992 where he worked on major privatization projects, issuance of the first Asset Back Security in the Turkish capital markets as well as a number of corporate bonds. He also managed an equity fund during his assignment. Ünlü left İktisat Bank for Yatırım Bank at the end of 1992 and he was promoted to Deputy General Manager of the Bank in 1994. He established the corporate finance, research and institutional capital markets departments. Ünlü helped the bank to become the market leader in IPO’S and corporate finance M&A advisory in 1994-1995. Ünlü left Yatırım Bank to establish Dundas Ünlü & Co in 1996, In the partnership with Alasdair Dundas to offer independent financial advisory services. In 2002, Mahmut L. Ünlü and his partners acquired Işıklar Menkul Değerler, a local broker, to offer a wider range of investment banking services. In 2007, Standard Bank London became a partner by acquiring around 67% shareholding in Dundas Ünlü from Alasdair Dundas and Tahincioğlu Group, which complemented the business with a global network and the company was renamed "Standard Ünlü", where Ünlü continued to serve as CEO. Between 2007 and 2012, Mahmut L. Ünlü was a member of the International EXCO in Standard Bank, acting also as the Standard Bank representative in Turkey. In 2012, he became the majority shareholder of Standard Ünlü by acquiring the majority of Standard Bank’s shares and renamed the group as ÜNLÜ & Co. He is currently serving as the chairman and CEO of the company. Apart from his role in the company, he is one of the supporters of Endeavour (non-governmental organization which aims to support long term economic growth through supporting young and creative entrepreneurs), as a board member. He personally supports start-ups and believes in the role of entrepreneurs in country’s continued success. He is a member of Young Entrepreneurship Council of TOBB (Turkish Union of Chambers Commodity Exchanges). Ünlü emphasizes entrepreneurship, partnership and teamwork in his business approach. From inception the employees are encouraged to bring innovation, collaborate with each other and add value to the company goals in Ünlü businesses.

Personal life

Mr. Ünlü is married to Şebnem Kalyoncuoğlu Ünlü and he lives in Istanbul with his family. Among his civic activities, Ünlü is an admirer of Contemporary and Oriental Arts. Both he and his wife support contemporary artists. Ünlü also has a collection of comics and old books. He is dedicated to improving education and women’s role in Turkish society through support of various NGos and charities. Ünlü is also a member of the Fortune Magazine initiative called “Yönetim Kurulunda Kadın” to help increase women’s participation in Turkish corporate boards.


Mahmut L. Unlu Wikipedia

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