Hepsiburada Welcomes New Leadership as Mikheil Lomtadze Takes Over as Chairman

Hepsiburada, Turkey’s leading e-commerce platform, has entered a new chapter in its corporate journey following the completion of the majority stake transfer to Kaspi.kz. On January 31, 2025, the company held an Extraordinary General Assembly Meeting, where Mikheil Lomtadze was officially appointed as the new Chairman of the Board.

This leadership transition reflects Hepsiburada’s strategic alignment with Kaspi.kz’s expertise in digital services and innovation. Upon his appointment, Mikheil Lomtadze expressed his vision for the company, emphasizing a collaborative approach between the two organizations. He stated, “We founded Kaspi.kz to develop innovative, life-enhancing, and world-class digital services that improve people’s daily lives. Now, as we join forces with the Hepsiburada team to take the company even further, we will remain committed to this founding mission. I would like to thank Hanzade Dogan, the founder of Hepsiburada, for her trust and friendship, and I wish her the best in her future endeavors. We are excited to work together and develop new, innovative services that will improve the lives of our customers and partners in Turkey.”

Mikheil Lomtadze, who is among the co-founders of Kaspi.kz, currently serves as the company’s CEO. His leadership within Kaspi.kz has been instrumental in establishing its reputation as a major player in the financial and digital services sector. Lomtadze’s appointment is expected to influence Hepsiburada’s strategic direction, particularly in expanding its digital service offerings.

Holding an MBA degree from Harvard Business School, which he earned in 2002, Lomtadze brings a wealth of international experience to the table. He is also a member of Harvard Business School’s Advisory Board for the Middle East and North Africa. His professional background highlights his ability to navigate complex markets and drive growth, making his role at Hepsiburada a key focus of attention within the industry.

With the backing of Kaspi.kz, Hepsiburada aims to leverage its position as Turkey’s e-commerce pioneer while incorporating innovative solutions that cater to the evolving needs of its customers and business partners. The company’s ability to integrate Kaspi.kz’s technological capabilities is seen as an opportunity to offer enhanced services, improve operational efficiency, and strengthen its role within Turkey’s competitive digital marketplace.

The strategic partnership between Hepsiburada and Kaspi.kz is expected to open new opportunities for growth and innovation, with a focus on improving customer experiences and expanding the company’s service portfolio. As Mikheil Lomtadze assumes leadership, the direction of Hepsiburada’s next phase will be closely monitored by industry experts.