Fevzi Aricioglu joined his wife Ayse in establishing and managing Fipra Turkey in 2007.

Prior to this Fevzi was Vice-President of the Turkish Privatization Agency. In this capacity, he also served as Acting Chairman of the Management Board of Tupras Inc., until his retirement in 2002. In 1995, Fevzi was appointed as the Deputy General Director of Turkish Exim Bank. Deciding to become a public servant in 1997, Fevzi was appointed as the Department Head for both Finance and Fund Administration and Consultancy Departments at the Turkish Privatization Agency. In this appointment, Fevzi served as the member of the Management Board of Mannesman Turkey. Having completed his undergraduate and graduate studies at the School of Statistics of Hacettepe University in Ankara, Fevzi received his second M.S. Degree in Computer Engineering from University of Manchester (UMIST).