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Akbank TAS (AKBNK.IS)

AKBNK.IS on Istanbul Stock Exchange

6.35TRY
20 Sep 2018
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Summary

Name Age Since Current Position

Suzan Sabanci Dincer

2008 Executive Chairman of the Board

Erol Sabanci

80 2008 Honorary Chairman, Consultant to the Board and Board Member

Sabri Binbasgil

2012 Chief Executive Officer, Director

Hayri Culhaci

2010 Executive Independent Vice Chairman of the Board

Turker Tunali

2017 Chief Financial Officer, Executive Vice President

Senol Altundas

2015 General Manager of Aklease

Mert Erdogmus

49 2015 General Manager of Ak Investment

Mehmet Ersari

General Manager of Ak Asset Management

K. Ozcan

2012 Chairman of the Managing Board and General Manager of Akbank AG

N. Ilker Altintas

2017 Executive Vice President - Technology and Operations

Ali Karaali

2017 Executive Vice President - Treasury

H. Burcu Civelek Yuce

2014 Executive Vice President - Human Resources and Strategy

Hasan Anbarci

2017 Executive Vice President - Credit Allocation

Levent Celebioglu

2015 Executive Vice President - Corporate & Investment Banking

Ege Gultekin

2015 Executive Vice President - Credit Monitoring and Follow Up

Arif Isfendiyaroglu

50 2016 Executive Vice President - Consumer Banking

Alp Keler

2018 Executive Vice President - Private Banking and Wealth Management

Bulent Oguz

2013 Executive Vice President - SME Banking

Mehmet Tugal

2017 Executive Vice President – Commercial Banking

Emin Ulutas

2016 Executive Vice President - Direct Banking

Ahmet Ayla

2017 Executive Director

Eyup Engin

2007 Head of Internal Audit

Emre Derman

2010 Director

Can Paker

Director

Aziz Demiray

2012 Independent Director

I. Gunter

1998 Independent Director

S. Toruner

1998 Independent Director

Biographies

Name Description

Suzan Sabanci Dincer

Mrs. Suzan Sabanci Dincer, CBE has served as Executive Chairman of the Board of Akbank Turk Anonim Sirketi since March 28, 2008. Prior to her current post, she acted as Executive Board Member of the Company, responsible for Asset Liability Management and Correspondent Relations, between 1997 and March 28, 2008. She was appointed as Division Head of the Bank’s Treasury Department in 1989, and promoted to Vice General Manager in charge of Treasury in 1994. Since 2000, Ms. Sabanci Dincer is authorized in all matters of the Bank. She holds an MBA degree from Boston University. She is also Board Member of Sabanci Holding and a Member of the Board of Trustees of Sabanci University. She is a member of the Institute of International Finance Board of Directors and Emerging Markets Advisory Board, Harvard University’s Global Advisory Council, Harvard Business School’s Global Leaders Circle, Harvard Kennedy School Mossavar-Rahmani Center for Business and Government’s Advisory Council and an emeritus member of the Harvard Business School’s Middle East and North Africa Advisory Board. She is also a member of the Global Board of Advisors at the Council on Foreign Relations (CFR) and a member of the Board of Managing Directors of Venetian Heritage, Inc. She is also Luxembourg’s Honorary Consul in Istanbul. In 2014, she was given the Order of Civil Merit (Orden del Merito Civil) of the Kingdom of Spain by King Felipe VI of Spain for her contributions to the relations between the two countries and for her support to the cultural convergence. She holds a BA in Finance from Richmond College in the UK and an MBA from Boston University in the USA.

Erol Sabanci

Mr. Erol Sabanci has served as Honorary Chairman, Consultant to the Board and Board Member of Akbank Turk Anonim Sirketi since March 28, 2008. He acted as Chairman of the Board from March 17, 1998 until his current appointment. He joined the Board of Directors of the Bank in 1967, as Vice Chairman. He also serves as Vice Chairman of the Board of Sabanci Holding. He previously served as Board Member of the Turkish Industrial Development Bank. Mr. Sabanci has a Bachelors degree in Commerce from Manchester College.

Sabri Binbasgil

Mr. Sabri Hakan Binbasgil has served as Chief Executive Officer and Director of Akbank Turk Anonim Sirketi since January 2012. He is Member of the Credit Committee, Chairman of Asset-Liability Committee and Member of Executive Risk Committee. He joined Akbank as the Executive Vice President in charge of Change Management in October 2002. He initiated the Bank's "Restructuring Program" which has transformed Akbank into one of Turkey's most customer-focused, modern and innovative financial institutions. Hakan Binbasgil was appointed Executive Vice President in charge of Retail Banking in November 2003, Deputy CEO in May 2008, and since January 2012 as Board Member and Chief Executive Officer of the Bank. Prior to joining Akbank, Binbasgil worked as a Management Consultant in the London and Istanbul offices of Accenture, and as Executive Vice President in a different private sector bank. Binbasgil also served on the boards of directors of numerous companies domestically and abroad. After graduating from Robert College of Istanbul, Hakan Binbasgil graduated from Bogazici Universitesi, Faculty of Mechanical Engineering. He also holds MBA and M.S. degrees in Finance from Louisiana State University, Baton Rouge, USA.

Hayri Culhaci

Mr. Hayri Culhaci has served as Executive Independent Vice Chairman of the Board of Akbank Turk Anonim Sirketi since July 18, 2010. He is also Chairman of the Audit Committee and Executive Risk Committee of the Company since January 17, 2011 and Member of the Credit and Remuneration Committees and Chairman of the Corporate Governance Committee. Prior to his current appointment he was performing as Executive Member of the Board from March 27, 2009, responsible for investor relations, corporate communications and social responsibility activities. Previously, he served as Executive Vice President of the Bank responsible for Strategy and Corporate Communications between 1990 and May 30, 2008. Mr. Culhaci joined in 1990. Prior to joining Akbank, he worked as Financial Analyst and Department Head in the Ministry of Finance. He holds a BA degree in Economics from Ankara University, Faculty of Political Sciences and an MBA degree from Northeastern University in the USA. He is Member of the Board of Trustees of Sabanci Foundation, a Board Member of Aksigorta A.S., and AvivaSA A.S.

Turker Tunali

Mr. Turker Tunali has been Chief Financial Officer, Executive Vice President of AKBANK TURK ANONIM SIRKETI since October 17, 2017. He is Member of the Corporate Governance Committee and Asset-Liability Committee. He joined Akbank in September 2008 as Senior Vice President in charge of Financial Coordination and International Reporting. Prior to joining Akbank, he held various managerial positions since 1999. He is the Vice Chairman of Ak Asset Management, Board member of Aklease and Akbank AG. He is a graduate of Bogazici University, Department of Business Administration and is a CFA (Chartered Financial Analyst) since 2006.

Senol Altundas

Mr. Senol Altundas has been General Manager of Aklease (Ak Finansal Kiralama A.S.) at AKBANK TURK ANONIM SIRKETI since June 1, 2015. He held various senior management positions in Commercial and Corporate Banking at Akbank for 12 years. A graduate of Marmara University, Political Science and International Relations, Mr. Altundas holds a Master’s degree in Business Administration from Sabanci University.

Mert Erdogmus

Mr. Mert Erdogmus has been General Manager of Ak Investment at AKBANK TURK ANONIM SIRKETI since January 2015. Prior to joining Ak Investment, he held various positions at banks and financial institutions for more than 20 years. He is a graduate of Istanbul University, Department of Business Administration and holds an MBA from Bloomsburg University of Pennsylvania.

Mehmet Ersari

Mr. Mehmet Ali Ersari serves as General Manager of Ak Asset Management at AKBANK TURK ANONIM SIRKETI. He is a graduate of Middle East Technical University, Department of Civil Engineering. He received a Master’s degree in Civil Engineering from the same university and an MBA from Bilkent University. Prior to joining Ak Asset Management as Assistant General Manager in 2008, he served as Treasury Director at the Royal Bank of Scotland. He served as senior manager for more than 20 years at leading institutions of the finance sector.

K. Ozcan

Ms. K. Banu Ozcan has been Chairman of the Managing Board and General Manager of Akbank AG at AKBANK TURK ANONIM SIRKETI since June 2012. She was Senior General Manager of Akbank N.V., a subsidiary of Akbank T.A.S., from January 2008 to 2010. Prior to joining Akbank, she held various positions at BNP-AK-Dresdner Bank A.S. and other overseas financial institutions. A graduate of Ludwig-Maximilians University, Department of Business Administration, she serves as a Member of the Board of Directors of the Association of Foreign Banks in Germany. In May 2014, she was appointed by Dr. Jens Weidmann, President of Deutsche Bundesbank (German Central Bank), as Advisory Board member of Deutsche Bundesbank, Regional Office in Hessen for a period of three years. In November 2014, K. Banu Ozcan was also appointed by Frankfurt Mayor Peter Friedman as International Frankfurt Trade Ambassador for 2015 and 2016 in order to expand Frankfurt’s trade relations and promote the city.

N. Ilker Altintas

Mr. N. Ilker Altintas has been Executive Vice President - Technology and Operations at AKBANK TURK ANONIM SIRKETI since January 31, 2017. He joined Akbank in March 2012 as Vice President of IT Enterprise Architecture and later became Senior Vice President of the IT Architecture and Core Banking Department. In January 2017, he was appointed as Executive Vice President in charge of Technology and Operations. Before joining Akbank, he completed two banking transformation projects during his career as an executive of technology companies, involved in the development of finance/banking products and led engineering processes. He is a graduate of Middle East Technical University, Department of Computer Engineering and holds a PhD degree of software engineering from the same university. He has published many technical articles for international conferences, journals and is a committee member for various national and international conferences.

Ali Karaali

Mr. Ali Batu Karaali has been Executive Vice President - Treasury at AKBANK TURK ANONIM SIRKETI since December 5, 2017. He is Member of the Asset-Liability Committee. Prior to joining Akbank, Karaali held various managerial positions at local and international banks. Ali Karaali is a graduate of Bogazici University’s Department of Industrial Engineering and also completed his post graduate degree in the same department.

H. Burcu Civelek Yuce

Ms. H. Burcu Civelek Yuce has served as Executive Vice President - Human Resources and Strategy at Akbank Turk Anonim Sirketi since May 2014. She joined Akbank in 2006 and lastly served as Senior Vice President of Strategic Management. She was appointed as Executive Vice President in charge of Human Resources and Strategy in May 2014. Her areas of responsibility cover human resources, strategic management and branch channel development. Prior to joining Akbank, she worked in international consulting and technology companies. She has a B.Sc. degree in Industrial Engineering and an MBA degree from Bogazici Universitesi both first in rank. She also participated in courses in Harvard Business School and Koc University.

Hasan Anbarci

Mr. Hasan Recai Anbarci has been Executive Vice President - Credit Allocation at AKBANK TURK ANONIM SIRKETI since July 12, 2017. He is Member of the Appraisal Subcommittee. He joined Akbank in January 2003 and worked as Corporate Branch Manager, Regional Manager, and Senior Vice President of Commercial Credits approval division respectively. Prior to assigning as credits Executive Vice President in July 2017, he worked in several banks at executive positions for 10 years. Anbarci is a graduate of Bogazici University, faculty of civil engineering and holds an executive MBA degree from Sabanci University.

Levent Celebioglu

Mr. Levent Celebioglu has served as Executive Vice President – Corporate & Investment Banking of Akbank Turk Anonim Sirketi since May 2015. He is Member of the Asset-Liability Committee. Prior to joining Akbank, he held various senior management positions at different private sector banks. He is also the Chairman of Akbank AG, Akbank (Dubai) Ltd and AkInvestment. He is a graduate of Dokuz Eylul Universitesi, Faculty of Economics, Monetary Economics & Banking Department, 1983.

Ege Gultekin

Mr. Ege Gultekin has served as Executive Vice President - Credit Monitoring and Follow Up at Akbank Turk Anonim Sirketi since February 13, 2015. He joined Akbank in February 2015 as Executive Vice President in charge of Credit Monitoring and Follow Up of Consumer, Corporate, Commercial and SME Loans. Before joining Akbank, Ege Gultekin held various senior management positions at different banks and asset management companies. Ege Gultekin is a graduate of Middle East Technical University, Department of Faculty of Economics and Administrative Sciences and holds a Master's degree from John Hopkins School for Advanced International Studies, Faculty of Engineering, Department of Information and Telecommunication Systems.

Arif Isfendiyaroglu

Mr. Arif Ozer Isfendiyaroglu has served as Executive Vice President - Consumer Banking at Akbank Turk Anonim Sirketi. He is Member of the Asset-Liability Committee. He joined Akbank in March 2015 as Executive Vice President in charge of Consumer Banking and Payment Systems. Prior to joining Akbank, he held various senior management positions at different private sector banks. A graduate of Istanbul Teknik Universitesi, Mechanical Engineering Faculty, Department of Textile Engineering, 1990, he also holds a Master's degree in Business Administration from Istanbul Bilgi Universitesi, 2000.

Alp Keler

Dr. Sahin Alp Keler has been Executive Vice President - Private Banking and Wealth Management at AKBANK TURK ANONIM SIRKETI since January 2, 2018. He is Member of the Asset-Liability Committee. Prior to this appointment, he was serving as CEO of Ak Asset Management since 2011. Alp Keler has over 20 years of experience in capital markets and asset management. Keler is also the Chairman of Ak Asset Management. Keler is a graduate of Middle East Technical University Civil Engineering Department. He also received an MBA degree from Bilkent University, the Master of Law in Economics (LLM) from Galatasaray University, Management Program of Harvard Business School and PhD in Banking from Marmara University. He is a CFA (Chartered Financial Analyst). He served as a chairman, board and audit member in various local and global capital market associations.

Bulent Oguz

Mr. Bulent Oguz has served as Executive Vice President - SME Banking of Akbank Turk Anonim Sirketi since July 2013. He is Member of the Asset-Liability Committee. He joined Akbank as Manager in March 2003. He served as Vice President and Senior Vice President of SME and Consumer Banking respectively. Oguz was appointed as Executive Vice President in charge of SME Banking in July 2013. Before joining Akbank, Oguz held various managerial positions at Corporate Banking and Loans divisions at different private sector banks. Oguz is a graduate of Middle East Technical University, Political Science and Public Administration and holds an Executive MBA degree from Sabanci Universitesi.

Mehmet Tugal

Mr. Mehmet Hakan Tugal has been Executive Vice President – Commercial Banking at AKBANK TURK ANONIM SIRKETI since September 15, 2017. He is Member of the Asset-Liability Committee. He joined Akbank in September 2005 and worked as Corporate Branch Manager and Senior Vice President of Commercial Banking respectively. He was appointed as Executive Vice President in charge of Commercial Banking in September 2017. Tugal is also the Chairman of Aklease and Vice Chairman of AkInvestment. Prior to joining Akbank, he held various senior management positions at different private sector banks. Mehmet Tugal is a graduate of Bilkent University, Business Administration and holds an MBA degree from Central Michigan University.

Emin Ulutas

Mr. Emin Tolga Ulutas has been Executive Vice President - Direct Banking of Akbank TAS since September 19, 2016. Before joining Akbank, he held various senior management positions at different companies. He is a graduate of Istanbul Technical University, Department of Civil Engineering and holds MBA degree from San Diego State University.

Ahmet Ayla

Mr. Ahmet Fuat Ayla has served as Executive Director of Akbank Turk Anonim Sirketi since July 12, 2017. He has previously been Executive Vice President – Loan Allocation Unit at the Company since June 25, 2007. He is Chairman of the Credit Committee, Member of the Appraisal Committee and Member of the Executive Risk Committee. Ahmet Fuat Ayla joined Akbank as Corporate Branch Manager in 2002, became the Senior Vice President in charge of Corporate and Commercial Credits Approval Unit in 2005 and was appointed as Executive Vice President in charge of Corporate and Commercial Credits Approval in 2007. Before joining Akbank, Ahmet Fuat Ayla worked in marketing and sales department positions at Head Office and branches at different private sector banks. Ahmet Fuat Ayla is a graduate of Middle East Technical University, Faculty of Economics and Administrative Sciences, Department of Business Administration.

Eyup Engin

Mr. Eyup Engin has served as Head of Internal Audit of Akbank Turk Anonim Sirketi since July 30, 2007. He joined the Bank in 1978, as Assistant Internal Auditor. Following his auditing assignment, he served as Department Head in Treasury, International Banking and Overseas Financial Institutions. He was appointed as the Executive Vice President in charge of Corporate Banking in 1996. Subsequently, Engin served as Executive Vice President in charge of International Banking and Overseas Financial Institutions Marketing. He is a graduate of Middle East Technical University, Faculty of Economics and Business Administration.

Emre Derman

Mr. Emre Derman has served as Director of Akbank Turk Anonim Sirketi since March 26, 2010. Emre Derman has led numerous large cross-border transactions in Turkey as a partner with the international law firm White & Case between 1989 and 2008. In addition to his work in Turkey he has worked in the New York and London offices of the firm and also in former Soviet Union and Eastern European countries during his term as a lawyer for the EBRD in 1994 to 1995. A former board member of Akbank in 2010, Derman has served as a Managing Director and the Senior Country Officer of JP Morgan in Turkey between 2011 and 2014. He is a member of various organizations relating to education and yacht racing and serves as a freelance consultant. Derman holds an LL.B. from Istanbul Universitesi Law School and an LL.M. from Harvard School of Law.

Can Paker

Mr. Can Paker serves as Director of Akbank Turk Anonim Sirketi. Received his master’s degree from Berlin Technical University and continued his education at Yildiz Technical University to receive his PhD in mechanical engineering and at Columbia University for his MBA (1973). Starting his professional career at Turk Henkel in 1971, he held various senior positions in the company, and served as the General Manager (from 1984) and President of the Board of Directors until 2004. Paker held positions on the boards of several private companies and civil society organizations such as the Sabanci Holding, Sabanci University, Turkish Industry and Business Association (TUSIAD), Istanbul Culture and Arts Foundation (IKSV), The Open Society Foundation in Turkey and Robert College. He served as the Chairman of TESEV (Turkish Economic and Social Studies Foundation) between 1997 and 2015. He is currently the founding and managing partner of B.O.Y. Consulting and a founding member of PODEM (Center for Public Policy and Democracy Studies), an Istanbul based think tank established in 2015.

Aziz Demiray

Mr. Aziz Aykut Demiray has served as Independent Director of Akbank Turk Anonim Sirketi since March 1, 2012. He is also Member of the Corporate Governance Committee of the Company. Mr. Demiray began his career in 1979 at T. Isbank as an Assistant Internal Auditor and undertook various duties in several units and branches, finally serving as Deputy Chief Executive between 1998 and 2011. A graduate of the Business Administration Department of the Faculty of Administrative Sciences from Middle East Technical University, Mr. Demiray is a Founding Partner of his consulting company, serves as a Member of the Board of Trustees at Istanbul Culture University and is a member of the Turkish Industry and Business Association (TUSIAD).

I. Gunter

Mr. I. Aydin Gunter has served as Independent Director of Akbank Turk Anonim Sirketi since 1998. Aydin Gunter served at Sabanci Holding and held various positions including Executive Vice President in charge of Financial Control and Finance from 1974 to 1994. In 1994, he founded his own consulting firm and served as a Member of the Board of Directors in various companies beginning from 1998. Prior to joining the Sabanci Group, Aydin Gunter worked at the Ministry of Finance as a Tax Inspector. Aydin Gunter is a graduate of the Faculty of Political Sciences at Ankara Universitesi.

S. Toruner

Mr. S. Yaman Toruner has served as Independent Director of Akbank Turk Anonim Sirketi since March 1998. He is Member of the Audit Committee, Corporate Governance Committee and Remuneration Committee. Having served as a Member of Parliament between 1995 and 1999, he also served as a Minister of State in 1996. Between 1990 and 1994, he served as the President of the Istanbul Stock Exchange and from 1972 until 1990 he worked in various administrative positions within the Central Bank of Turkey, also serving as the Governor of the Central Bank of Turkey between February 1994 and January 1996. Additionally, he is an op-ed columnist in the Milliyet daily.