Karim Ben Salem

Group Chief Financial Officer | Member of the Executive Committee

Istanbul, Türkiye

About

5 years of FP&A / Corporate Finance experience in the airport sector 5 years of M&A advisory experience at the service of consumer goods & retail groups and private equity firms Ability to build and maintain up to date detailed business plans which are complementary to short-term financial planning and provide a global financial picture Ability to manage highly complex transactions, from thorough process definition/organization to sophisticated operational models and tailored transaction structuring Other - Graduated from ESCP Europe - Native French, fluent in English and Spanish, basic in Arabic - Proficient in Microsoft Office, SAP ERP Central Component and some of its modules (BPC, BFC, SD, MM, RE, etc.) as well as main financial & general databases (Bloomberg, Refinitiv, FactSet, etc.)

Experience

  • Group CFO | Member of the Executive Committee at TAV Airports
    Sep 2025 - Present · 11 mos

  • Groupe ADP (Full-time · 9 yrs 2 mos)
    • CFO - ADP International
      Apr 2021 - Aug 2025 · 4 yrs 5 mos

    • Group Head of Financial Planning & Analysis
      Jan 2019 - Aug 2025 · 6 yrs 8 mos

    • Business Planning Manager
      Jul 2016 - Dec 2018 · 2 yrs 6 mos

  • M&A Analyst / Associate (Consumer Goods & Retail) at Société Générale Corporate and Investment Banking
    Aug 2011 - Jun 2016 · 4 yrs 11 mos

    Contributed to the execution of M&A mandates for consumer goods, retail & luxury groups: client relationship management, process organization (e.g. coordination of advisors, timetable, interactions with sellers / buyers), transaction structuring, business plan modeling and multi-criteria valuation, return analyses, due diligence review, etc. Proposed M&A opportunities to consumer goods, retail & luxury groups through the production and presentation of marketing documents which can include: target(s) presentation, rationale for an acquisition / a sale, valuation materials, review of potential buyers, etc. Led the junior recruitment campaign along with the HR department from 2015 to 2016 (30-40 interns and 5-10 juniors recruited per year) Advised transactions include: - Preference share buy back program of a leading food ingredients company - Galeries Lafayette's sale of its 50% stake in French premium food retailer Monoprix to Groupe Casino - Kering's sale of French diversified group CFAO to Toyota Tsusho (advised CFAO) - Danone's acquisition of a 50% stake in Sirma, a Turkish bottled water company, from private investors - Kering's spin-off of FNAC, the leading French retailer of cultural & leisure products, on Euronext Paris - Agrokor's takeover of Mercator, the largest Slovenian company and one of the largest food and non-food retailers in South-Eastern Europe (advised Mercator) - Imperial Tobacco's IPO of Logista, a Spanish specialist of tobacco-related logistics - Carrefour's acquisition of Billa supermarkets in Romania from Rewe Group SG CIB received a French Consumer Goods & Retail - M&A Team of the Year award during the Trophées de la Finance in 2012 and 2014

  • M&A Analyst (All sectors) at Natixis Partners
    Jan 2011 - Aug 2011 · 8 mos

    Originated and executed mergers & acquisitions mandates, mostly for private equity funds: process management, companies' presentation, valuation, business plan modeling, etc. Advised transactions: - Acquisition by Bridgepoint & Eurazeo of Foncia - a leading French real estate services firm - from BPCE - Acquisition by Bridgepoint of Infront Sports & Media - one of the leading international sports marketing companies - from private investors Banca Leonardo received a Most Improved Bank award during the Trophées de la Finance in 2011