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Cem Karakas

Cem is a partner at Afendis Capital Management and is responsible for operational oversight of and value creation in Afendis’ portfolio companies.

Prior to co-founding Afendis, he was the Founding CEO of Pladis, one of the largest global snacking players and the owner of heritage brands such as McVities and Godiva. Before Pladis, Cem led the largest food conglomerate in CEEMEA, the Yildiz Group and took leadership roles across a range of industrial corporates


Cem holds a BA in Management from Middle East Technical University, an MBA from Massachusetts Institute of Technology, and a PhD in Finance from Istanbul University. He is also a baker having attended American Institute of Baking.