Mr. Baltaci graduated from Boğaziçi University Mechanical Engineering Department in 1993. He is the founder and Chairman of the Board of Directors of AKFEL GROUP, a company that has provided services for the energy sector for more than fifteen years. Mr. Baltaci is also the Chairman of the Board of Directors and CEO of ENERCO ENERJİ, a company incorporated in 2004 to carry out the import and wholesale of natural gas in the Turkish energy market. Mr. Baltaci is also the president of DİVİD (Natural Gas Importers and Exporters Association).