 In 1970 Sabancı quit his other positions in Sabancı Holding, except his chair at the board, and moved to Istanbul to become the managing director of Akbank.Four years later the headquarters of Sabancı Holding were moved to Istanbul.Serving as a Member of the Board of Directors and the Vice Chairman of the Board since 1967, Sabancı held the position of Chairman of the Board from March 1998 to March 2008.