# Executive Transition at Enerjisa Enerji: Joanna Kępczyńska Appointed New CFO

> Enerjisa Enerji, Turkey’s leading electricity distribution and retail company, announced an executive management transition. Effective November 1, 2026, Dr. Philipp Ulbrich, who has served as CFO since June 2023, will hand over his responsibilities to Joanna Kępczyńska, currently Management Board Member and CFO of E.ON Polska. Dr. Ulbrich will transition to the E.ON Group as Module Lead for Global Business Services.

Published: 2026-09-30T06:29:00+00:00
Language: en
Categories: [Climate, Energy and Environment](https://chemexworld.com/en/categories/more/climate-energy-and-environment.md)

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Operating under the joint ownership of Sabancı Holding and E.ON, Enerjisa Enerji has named energy finance veteran Joanna Kępczyńska as its incoming Chief Financial Officer, effective November 1, 2026. Bringing three decades of corporate finance expertise in German and Polish utility markets—including a 10-year tenure as CFO and Management Board Member at E.ON Polska—Kępczyńska will steer Enerjisa Enerji's financial strategy.

Dr. Philipp Ulbrich departs after guiding the utility through grid infrastructure investment programs, capital structuring, and preparation for new regulatory tariff periods, returning to the E.ON Group to take charge of Global Business Services.

### 30 Years of Energy Sector Financial Governance

Joanna Kępczyńska brings operational and transactional expertise across regulated networks and deregulated customer solutions:

- **Academic Background:** Kępczyńska holds a Master’s degree in Finance and Banking from the Warsaw School of Economics and completed an Executive MBA jointly administered by Warsaw University of Technology and the London School of Economics (LSE). She completed economics coursework at the University of Tübingen and the Polish-German Academic Forum.
- **Track Record:** With 23 years in executive leadership, her background spans key finance and controlling posts across RWE and E.ON operating companies in Poland and Germany, including RWE Polska, RWE Generation, RWE Vertrieb, and E.ON Foton. Since 2016, she has directed financial governance across E.ON Polska's power supply, infrastructure, district heating, and decentralized energy portfolios.

![](https://chemexworld.com/storage/uploads/enerjisa_enerji_yonetim_kurulu_baskani_ihsan_erbil_baycol.jpg)

### Executive Statement from Chairman İhsan Erbil Bayçöl

**İhsan Erbil Bayçöl, Chairman of the Board of Directors at Enerjisa Enerji**, stated:

> Over the past three years, Philipp has made substantial contributions to Enerjisa Enerji’s financial steering and operational transformation. As we enter a new regulatory cycle and maintain continuous infrastructure investments across Turkey's grid networks, his leadership helped reinforce our corporate resilience. On behalf of the Board, I thank him for his commitment and wish him continued success within E.ON.
>
>
> I am equally pleased to welcome Joanna to Enerjisa Enerji. Backed by extensive experience across utility enterprises in Poland and Germany, including ten years as CFO and Board Member at E.ON Polska, she brings proven sector insight. Her operational knowledge across power distribution, retail, and customer energy solutions will support long-term value generation for our customers, investors, and stakeholders as we execute our strategic priorities.

**About Enerjisa Enerji**

Co-owned by Sabancı Holding and E.ON with a 20% free float on Borsa Istanbul, Enerjisa Enerji provides electricity distribution and retail services to 25% of Turkey’s population. Serving 10.9 million customer accounts across 14 provinces and reaching over 22 million people, the company also offers solar and energy-efficiency services under the İşimin Enerjisi brand and operates Turkey's premier EV charging network, Eşarj.