Biography
Get to know Muzaffer even better!
As he mentions the favourite aspect of his profession is tracking the income and expense items of the company; being able to see the bigger picture of the organization he is in with the help of analysis, foresight, determination and management abilities and trying to facilitate the organization to the better and reliable results are what he likes most.
The maritime industry had always had to face and overcome obstacles. Based on his experiences, for the biggest challenges in the near future, he states, “As it is known, we have coped with a pandemic in the near past for two years, Covid, which interrupted all other sectors as well. However, in maritime, it caused new regulations to be brought yet could not bring maritime trade to a standstill. It may be a dystopian idea, but in today’s world, the notion that food and oil resources are not shared fairly by the countries may cause breakout wars in different places and slow down trade in other critical ports just like what happened in Ukraine.”
He refers to potential problems in payment transactions in this case and he also adds that ‘In order to prevent this, especially in maritime industry -because of its dynamics, the establishment of alternative payment methods and intermediary payment institutions will be important.’
For the newcomers to the industry, he touches upon issues related to a lack of education on Maritime Finance. “Unfortunately, there is insufficient information, academic writing, training/trainer on Maritime Finance in our country.” he says. Since the maritime sector has different dynamics from all other sectors, it feels the lack of operational and financial programs offered to other sector.
In maritime, where every hour of the day can be working hour; he thinks that more attention should be paid to the sector in order to better balance the workload-performance-time use. Having a good grasp of international finance terms, instruments and regulations, being able to take more flexible and spontaneous actions, and also gaining more experience in a short time, being able to put themselves ahead of other sector finance professionals, having a better command of the world today and being able to interpret with a wider perspective will be useful for newcomers in the field of finance in the maritime sector, as he remarks.
His motto is ‘The only constant is change’. He believes that in uncertain situations, it is important to have the ability to choose the best possible way with an innovative perspective to keep the business move forward.