Edition:
United Kingdom

Turkiye Garanti Bankasi AS (GARAN.IS)

GARAN.IS on Istanbul Stock Exchange

8.39TRY
20 Jun 2018
Change (% chg)

0.05TL (+0.60%)
Prev Close
8.34TL
Open
8.31TL
Day's High
8.49TL
Day's Low
8.31TL
Volume
57,203,352
Avg. Vol
67,575,836
52-wk High
12.75TL
52-wk Low
8.15TL

Summary

Name Age Since Current Position

Suleyman Sozen

72 2017 Chairman of the Board of Directors

Ali Erbil

50 2015 Member of the Board of Directors, President & CEO

Jorge Saenz-Azcunaga Carranza

2017 Independent Vice Chairman of the Board of Directors

Aydin Guler

2015 Executive Vice President Finance & Accounting

Betul Dildar Edin

2018 Executive Vice President Corporate Banking, Treasury and Project Finance

Isil Evlioglu

CEO, GOSAS

Halil Erel

66 1997 Executive Vice President Technology, Operations, Central Marketing & Product Development

Ali Temel

50 2016 Executive Vice President, Chief Credit Risk Officer

Avni Duren

50 2009 Executive Vice President Legal Services and Collection

Osman Tuzun

2015 Executive Vice President Human Resources and Support Services

Mahmut Akten

2017 Executive Vice President Retail Banking

Didem Baser

2018 Executive Vice President Digital Banking, Customer Experience, Corporate Brand Management and Marketing Communication

Recep Bastug

2013 Executive Vice President Commercial Banking

Eray Kaya

Executive Vice President GT

Cemal Onaran

2017 Executive Vice President SME Banking

Alpaslan Ozbey

Executive Vice President GOSAS

Korcan Demircioglu

2014 Senior Vice President of Anti-Fraud Monitoring Department

Aydin Kucukkarakas

2017 Chief Information Security Officer

Emre Ozbek

2015 Head of Compliance

Sinem Ozonur

Manager, Strategy & Business Development

Handan Saygin

Head of Investor Relations

Baris Gulcan

2014 Head of Internal Control

Ebru Knottnerus

2016 Head of Risk Management

Semra Kuran

2016 Director, Market Risk and Credit Risk Control

Osman Turgut

49 Head of Internal Audit

Beyza Yapici

2016 Director, Internal Capital and Operational Risk

Ricardo Gomez Barredo

2017 Member of the Board of Directors

Sait Ozen

58 2015 Member of the Board of Directors

Jaime Saenz de Tejada Pulido

2014 Member of the Board of Directors

Rafael Salinas Martinez de Lecea

2017 Member of the Board of Directors

Muammer Sezgin

57 2004 Member of the Board of Directors

Javier Bernal Dionis

2015 Independent Member of the Board of Directors

Belkis Yurdum

2013 Independent Member of the Board of Directors

Biographies

Name Description

Suleyman Sozen

Mr. Suleyman Sozen has served as Chairman of the Board of Directors of Turkey Garanti Bank Inc. since September 19, 2017. He served as Vice Chairman of the Board of Directors of the Company between July 8, 2003 and September 19, 2017. He is a graduate of Ankara Universitesi (Bachelors) Faculty of Political Sciences and has worked as a Chief Auditor at the Ministry of Finance and the Under-secretariat of Treasury. Since 1981, he has held various positions in the private sector, mainly in financial institutions. Having served on the Board of Directors of the Company since May 29, 1997, Mr. Sozen was appointed as the Vice Chairman on July 8, 2003. Mr. Sozen holds a Certified Public Accountant license and within Garanti Bank’s subsidiaries he also serves as the Chairman of the Board of Directors at GarantiBank Moscow. Mr. Sozen also serves as the Board Member of Gurel Ilac and Gorus YMM and holds Chairman of the Board and Vice Chairman responsibilities in various other affiliates of Dogus Holding. Mr. Sozen has 35 years of experience in banking and business administration. He is Member of the Risk Committee of the Company.

Ali Erbil

Mr. Ali Fuat Erbil has served as Member of the Board of Directors, President & CEO of Turkey Garanti Bank Inc. since September 2, 2015. He was Vice General Manager - Financial Institutions and Corporate Banking of the Company between February 2012 and September 2, 2015. He was Vice General Manager - Retail Banking of the Company between April 30, 1999 and February 2012. He was Head of Distribution Channels Unit of the Company between 1997 and April 30, 1999. He graduated from the Middle East Technical University (Bachelors) Department of Computer Engineering, earned his MBA from Bilkent University and his PhD in Banking and Finance from Istanbul Teknik Universitesi. After working as an executive at various private companies and banks, he joined Garanti Bank as the Senior Vice President of Distribution Channels in 1997. Mr. Erbil was appointed as the Executive Vice President on April 30, 1999 and was responsible of several areas such as Retail Banking, Corporate Banking, Investment Banking, Financial Institutions and Human Resources as an EVP. He is also the Chairman of Garanti Securities, Garanti Pension and Life, Garanti Factoring, Garanti Leasing, Garanti Payment Systems and Garanti Technology. With 25 years of experience in banking and business administration, Mr. Erbil also serves as the Board Member in the Banks Association of Turkey. He is Member of the Credit Committee, Member of the Garanti Assets and Liabilities Committee, Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Sustainability Committee, Member of the Responsible Business Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Corporate Assurance Committee, Member of the Integrity Committee, Member of the Personnel Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Jorge Saenz-Azcunaga Carranza

Mr. Jorge Saenz-Azcunaga Carranza has served as Independent Vice Chairman of the Board of Directors of Turkey Garanti Bank Inc. since September 19, 2017. He served as Independent Member of the Board of Directors of the Company between March 24, 2016 and September 19, 2017. He earned his BS in Business Administration from Universidad de Deusto. He has developed his entire career in BBVA starting as Research Analyst. He then worked as Corporate Strategist, Head of CEO Office, Business Development (Commercial & Institutional Banking in Spain), Head of Strategy (Wholesale Banking & Asset Management), Head of Strategy and Planning (Spain & Portugal) and between years 2013 and 2015 as Regional Manager for the North of Spain. As of 2015, he serves as the Head of Business Monitoring Spain, USA and Turkey, Member of the Board of Directors of BBVA Compass in the US. Mr. Saenz-Azcunaga has 23 years of experience in banking and business administration. He is Member of the Credit Committee, Member of the Audit Committee (as of March 31, 2016), Member of the Corporate Governance Committee, and Member of the Remuneration Committee of the Company.

Aydin Guler

Mr. Aydin Guler has served as Executive Vice President Finance & Accounting of Turkey Garanti Bank Inc. since December 21, 2015. He graduated from Istanbul Teknik Universitesi Department of Mechanical Engineering and joined Garanti Bank Fund Management Department in 1990. After working at different Head Office departments for 10 years, in 2000 he was appointed Senior Vice President responsible for Risk Management and Management Reporting. Between the years 2001-2013, Mr. Guler served as the Senior Vice President responsible for Financial Planning & Analysis and was appointed as Coordinator in 2013. On December 21, 2015, Mr. Guler was appointed as the Executive Vice President in charge of Finance and Accounting and he is furthermore a Board Member of Garanti Bank Pension and Provident Fund Foundation. With 27 years of experience in banking and business administration, Mr. Guler’s areas of responsibility are Assets & Liabilities Management, Financial Planning and Analysis, Cost Management and Efficiency, Investor Relations, General Accounting, Consolidation and International Accounting, Tax Operations Management and BBVA Finance Coordination. He is Member of the Garanti Assets and Liabilities Committee, Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Sustainability Committee, Member of the Responsible Business Committee, Member of the New Business and Product Committee, Member of the Employee Committee, Member of the Corporate Assurance Committee, Member of the Personnel Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Betul Dildar Edin

Ms. Betul Ebru Dildar Edin has served as Executive Vice President Corporate Banking, Treasury and Project Finance of Turkey Garanti Bank Inc. since January 31, 2018. She was Executive Vice President Corporate and Investment Banking of the Company between November 25, 2009 and January 31, 2018. She graduated from Bogazici Universitesi Department of Civil Engineering and started her career in 1993. She joined the Corporate Banking Department at Garanti Bank in 1997. In 1999, she took part in the establishment of the Project Finance Department. After leading the department for 6 years as Senior Vice President, Edin became Project and Acquisition Finance Coordinator in 2006 and was appointed to her current position on November 25, 2009. A member of the Sustainability Committee since 2010, Ms. Edin also took responsibility of the coordination of the Sustainability Team, which was established in 2012 to implement the decisions of the aforementioned Sustainability Committee. Furthermore, Ms. Edin is the Vice Chairman of the Board of Directors of Sustainable Development Association and UN Global Compact Local Network. She is also a Board Member of Teachers Academy Foundation. With 23 years of experience in banking and business administration, Ms. Edin’s areas of responsibility are Project Finance and Sustainability. She is Member of the Garanti Assets and Liabilities Committee, Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Sustainability Committee, Member of the Responsible Business Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Corporate Assurance Committee, Member of the Integrity Committee, Member of the Personnel Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Isil Evlioglu

Mr. Isil Akdemir Evlioglu serves as CEO, GOSAS within Turkey Garanti Bank Inc. He is Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Employee Committee, Member of the Consumer Committee, and Member of the Personnel Committee of the Company.

Halil Erel

Mr. Halil Husnu Erel has served as Executive Vice President Technology, Operations, Central Marketing & Product Development of Turkey Garanti Bank Inc. since June 16, 1997. He was General Manager - Garanti Teknoloji within the Company between 1994 and June 16, 1997. He graduated from Istanbul Teknik Universitesi Department of Electronics and Communications Engineering and served as an executive at various private companies and banks. In 1994, he joined Garanti Technology as General Manager. On June 16, 1997, he was appointed to his current position. Mr. Erel is a Board Member of Garanti Payment Systems and the Vice Chairman of the Board of Directors at Garanti Technology. With 42 years of experience in banking and business administration, Mr. Erel’s areas of responsibility are Organization and Process Development, Customer Analytics, Innovation and Product Development, Anti-Fraud Monitoring, Abacus Operations Center and Garanti Bank Technology Center. He is Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the New Business and Product Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Corporate Assurance Committee, and Member of the Integrity Committee of the Company.

Ali Temel

Mr. Ali Temel has served as Executive Vice President, Chief Credit Risk Officer of Turkey Garanti Bank Inc. since February 3, 2016. He was Chief Credit Risk Officer of the Company between December 10, 2015 and February 3, 2016. He was Vice General Manager - Credits of the Company between October 21, 1999 and 2012. He was Head of Cash Management Unit of the Company between 1997 and October 21, 1999. Ali Temel earned his undergraduate degree from Bogazici Universitesi Department of Electric-Electronic Engineering and started his carrier in banking in 1990 at a private bank. Mr. Temel joined Garanti Bank in 1997 and after working as the Senior Vice President in charge of Cash Management and Commercial Banking departments, he served as the Executive Vice President responsible of Commercial Banking between 1999-2001 and as the Executive Vice President responsible of Loans between 2001-2012. On December 10, 2015, Mr. Temel was appointed as the Chief Credit Risk Officer. With 27 years of experience in banking and business administration, Mr. Temel’s areas of responsibility are Wholesale Risk, Retail Risk, Risk Planning, Monitoring and Reporting; Risk Analytics, Technology and Innovation; Regional Loans Coordination. He is Member of the Garanti Assets and Liabilities Committee, Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Sustainability Committee, Member of the New Business and Product Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Corporate Assurance Committee, Member of the Personnel Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Avni Duren

Mr. Avni Aydin Duren has served as Executive Vice President Legal Services and Collection of Turkey Garanti Bank Inc. since February 1, 2009. He graduated from the Faculty of Law at Istanbul Universitesi and earned his graduate degree on International Law from the American University, Washington College of Law. After serving as an associate, partner and managing partner for over 18 years at international private law firms in New York, London and Istanbul, Mr. Duren joined Garanti Bank on February 1, 2009 as Executive Vice President in charge of Legal Services. Furthermore, Mr. Duren is a Board Member of Garanti Payment Systems, Teachers Academy Foundation, Garanti Mortgage and Vice President of Garanti Bank Pension and Provident Fund Foundation. Since June 2015 Mr. Duren is also serves as the Corporate Secretary of the Bank. With 22 years of experience in banking and business administration, Mr. Duren’s areas of responsibility are Legal Advisory Services, Legal Collections, Litigation, Garanti Payment Systems Legal Services and Legal Operations. He is Member of the Cost Management Committee, Member of the Responsible Business Committee, Member of the New Business and Product Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Consumer Committee, Member of the Corporate Assurance Committee, Member of the Integrity Committee, Member of the Personnel Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Osman Tuzun

Mr. Osman Tuzun has served as Executive Vice President Human Resources and Support Services of Turkey Garanti Bank Inc. since August 19, 2015. Osman Tuzun graduated from the Middle East Technical University with a B.S. in Computer Engineering and earned his MBA from Bilkent University. He started his banking career in 1992 and served in various branches and head office departments for 7 years. He joined Garanti Bank in 1999 as the Senior Vice President responsible for Branchless Banking. Between the years 2000-2005, he served as the Senior Vice President of Retail Banking. During 2005-2008, he was the CEO of a private sector company. In 2008, Mr. Tuzun returned to Garanti as the Coordinator responsible for Human Resources and on August 19, 2015 he was appointed to his current post. Mr. Tuzun is the Chairman of the Board of Directors of Garanti Bank Retirement and Provident Fund Foundation. With 25 years of experience in banking and business administration, Mr. Tuzun’s areas of responsibility are Human Resources, Learning and Development, Construction and Premises, Purchasing. He is Member of the Cost Management Committee, Member of the Sustainability Committee, Member of the Responsible Business Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Corporate Assurance Committee, Member of the Integrity Committee, and Member of the Personnel Committee of the Company.

Mahmut Akten

Mr. Mahmut Akten has served as Executive Vice President Retail Banking of Turkey Garanti Bank Inc. since January 1, 2017. With an undergraduate degree from Bogazici Universitsi in Electrical and Electronics Engineering and graduate degree in Business Administration from Carnegie Mellon University, Mahmut Akten started his career in 1999 in the USA. After having served in various positions in the Finance and Treasury departments of a global construction materials company, he joined a global management consulting firm in 2006. Between the years 2006-2012, after having worked in Boston and Istanbul offices and lastly as an Associate Partner, he joined Garanti Bank on July 1, 2012 as the Senior Vice President responsible for Mass Retail Banking Marketing. As of January 1, 2017, Akten was appointed Executive Vice President responsible for Retail Banking and is a Board Member of Garanti Technology. With 17 years of experience in banking and business administration, Akten’s areas of responsibility are Retail Banking Marketing, Mass Retail Banking Marketing and Affluent Banking Marketing. He is Member of the Garanti Assets and Liabilities Committee, Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Consumer Committee, Member of the Corporate Assurance Committee, and Member of the Personnel Committee of the Company.

Didem Baser

Ms. Didem Dincer Baser has served as Executive Vice President Digital Banking, Customer Experience, Corporate Brand Management and Marketing Communication of Turkey Garanti Bank Inc. since January 31, 2018. She was Digital Banking, Customer Solutions and Experience of the Company between March 20, 2012 and January 31, 2018. She graduated from Bogazici Universitesi Department of Civil Engineering and earned her graduate degree (Masters degree in Engineering) from University of California, Berkeley College of Engineering. She started her career in 1995. Before joining Garanti Bank, she worked for a global management consulting firm for 7 years and lastly as an Associate Partner. Ms. Baser joined Garanti Bank in 2005 and worked as the Coordinator of Retail Banking Business Line during her first 7 years. Ms. Baser was appointed to her current position in 2012 and is also a Board Member of Garanti Payment Systems, Garanti Pension and Life and Garanti Technology. With 22 years of experience in banking and business administration, Ms. Baser’s areas of responsibility are Digital Channels, Corporate Brand Management and Marketing Communications, Customer Experience and Satisfaction, Insurance and Pension Coordination and Call Center. She is Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Responsible Business Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Consumer Committee, Member of the Corporate Assurance Committee, Member of the Integrity Committee, and Member of the Personnel Committee of the Company.

Recep Bastug

Mr. Recep Bastug has served as Executive Vice President Commercial Banking of Turkey Garanti Bank Inc. since January 1, 2013. He graduated from Cukurova Universitesi Faculty of Economics. He joined Garanti Internal Audit Board in 1989. He worked as the Corporate Branch Manager between the years 1995 and 1999 and as the Commercial Regional Manager between the years 1999 and 2004. He was appointed Commercial Banking Coordinator in 2004. He is a Board Member of GarantiBank Moscow, Garanti Leasing and Garanti Fleet. With 27 years of experience in banking and business administration, his areas of responsibility are Commercial Banking Istanbul and Ankara Marketing, Commercial Banking Anatolian Marketing, Consumer Finance and Domestic & Overseas Subsidiaries Coordination. He is Member of the Garanti Assets and Liabilities Committee, Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Corporate Assurance Committee, and Member of the Personnel Committee of the Company.

Eray Kaya

Mr. Eray Kaya serves as Executive Vice President GT of Turkey Garanti Bank Inc. He is Member of the Volcker Rule Oversight Committee, and Member of the Consumer Committee of the Company.

Cemal Onaran

Mr. Cemal Onaran has served as Executive Vice President SME Banking of Turkey Garanti Bank Inc. since January 1, 2017. Cemal Onaran graduated from Middle East Technical University with a B.S. in Public Administration and started his career as Assistant Auditor in Garanti Bank at the Audit Committee in the same year. Between years 2000-2007, he worked as the Regional Manager in various regions of Garanti Bank in Istanbul. After the establishment of Garanti Mortgage in October 2007, he was appointed General Manager of Garanti Mortgage. After having served as the General Manager of Garanti Pension & Life since August 1, 2012, Onaran was appointed Executive Vice President of Garanti Bank in charge of SME Banking on January 1, 2017. Onaran has 26 years of experience in banking and business administration, He is Member of the Garanti Assets and Liabilities Committee, Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Sustainability Committee, Member of the Responsible Business Committee, Member of the Employee Committee, Member of the Customer Committee, Member of the Corporate Assurance Committee, and Member of the Personnel Committee of the Company.

Alpaslan Ozbey

Mr. Alpaslan Ozbey serves as Executive Vice President GOSAS of Turkey Garanti Bank Inc. He is Member of the Weekly Review Committee, and Member of the Consumer Committee of the Company.

Korcan Demircioglu

Mr. Korcan Demircioglu, Ph.D., has served as Senior Vice President of Anti-Fraud Monitoring Department of Turkey Garanti Bank Inc. since July 1, 2014. Korcan Demircioglu got his bachelor’s and master’s degrees in economics from Bogazici Universitesi and his doctorate degree in banking from Marmara Universitesi. He joined Garanti Bank as an Assistant Auditor in 2000 and rose to the position of Assistant Director of the Internal Audit Department in 2011. Serving as Senior Vice President of Anti-Fraud Monitoring Department since 1 July 2014, Mr. Demircioglu has 17 years of experience in the banking sector.

Aydin Kucukkarakas

Mr. Aydin Kucukkarakas has served as Chief Information Security Officer of Turkey Garanti Bank Inc. since October 2017. Aydin Kucukkarakas got his bachelor’s degree in Computer Engineering from Kocaeli Universitesi. Before joining Garanti Bank, he worked at a telecommunications company in several roles for 6 years. He joined Garanti Bank as an Information Security Specialist in 2007 and was appointed to the position of Unit Manager in 2014. He serves as the IT Security and Risk Management Director since October 2017. He has 18 years of professional work experience.

Emre Ozbek

Mr. Emre Ozbek has served as Head of Compliance of Turkey Garanti Bank Inc. since August 1, 2015. He received his degree in business administration from Ankara Universitesi, Faculty of Political Sciences. He joined Garanti Bank as an Assistant Auditor in 1999. He was appointed as the Assistant Director of the Internal Audit Department in 2007, as the Senior Vice President of the Internal Control Unit in 2009 and as the Head of Internal Audit Department in 2014. Mr. Ozbek, who holds CIA (Certified Internal Auditor) and CBRM (Certified Business Resilience Manager) certifications and has 18 years of banking experience, has been serving as the Compliance Director since August 1, 2015. He is Member of the New Business and Product Committee, Member of the Consumer Committee, Member of the Integrity Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Sinem Ozonur

Handan Saygin

Ms. Handan Saygin serves as Head of Investor Relations of Turkey Garanti Bank Inc. Handan also serves as Member of the Corporate Governance Committee, and Member of the Weekly Review Committee of the Company.

Baris Gulcan

Mr. Baris Ersin Gulcan has served as Head of Internal Control of Turkey Garanti Bank Inc. since March 2014. He got his bachelor’s degree in economics and his master’s degree in HR management from Istanbul Universitesi. After starting his career as an Assistant Auditor at Garanti Bank in 1997, he served in the Internal Audit Department for 10 years. During his 20-year experience in the banking sector, he functioned as Compliance Officer and Assistant Head of the Internal Audit Department. He assumed the position of Internal Control Unit Director in March 2014. Mr. Gulcan is a CIA (Certified Internal Auditor) since 2004 and a CPA (Certified Public Accountant) since 2005. He is Member of the New Business and Product Committee, Member of the Consumer Committee, Member of the Integrity Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Ebru Knottnerus

Ms. Ebru Ogan Knottnerus has served as Head of Risk Management of Turkey Garanti Bank Inc. since April 2016. She received her degree in business administration from the Middle East Technical University. She worked as an executive at various privately-held companies and banks between 1991 and 2001. Having joined the Subsidiaries Risk Management Department of Garanti in 2001, and functioned as Garanti Bank’s Risk Management Director from 2003 until 2016, Ogan has been serving as Head of Risk Management since April 2016. She is Member of the Garanti Assets and Liabilities Committee, Member of the Weekly Review Committee, Member of the Responsible Business Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Semra Kuran

Ms. Semra Kuran has served as Director, Market Risk and Credit Risk Control of Turkey Garanti Bank Inc. since April 2016. Semra Kuran got her degree in civil engineering from the Middle East Technical University. Having joined Garanti Bank in 1997, Kuran worked in the Risk Management Department from 2001 through 2016. She has been serving as Market Risk and Credit Risk Control Senior Vice President since April 2016. She is Member of the Garanti Assets and Liabilities Committee of the Company.

Osman Turgut

Mr. Osman Bahri Turgut serves as Head of Internal Audit of Turkey Garanti Bank Inc. Osman Bahri Turgut received his undergraduate degree in economics from Marmara Universitesi in 1990. He joined Garanti the same year as an Assistant Auditor, where he subsequently worked as Branch Manager, Assistant Director of the Internal Audit Department, Commercial Loans Senior Vice President, Internal Control Unit Manager and Head of Internal Audit and Control. He currently serves as the Head of Garanti Bank’s Internal Audit Department. Turgut who has CMB certificates for Level 3 (Advanced), Corporate Governance and Derivative Instrument Certificates is also a member of the Board of Directors and Audit Committee at Garanti Finansal Kiralama A.S. and Garanti Filo Yonetimi Hizmetleri A.S.; a member of the Board of Directors and Corporate Governance Committee at Garanti Faktoring A.S.; a member of the Board of Directors at T. Garanti Bankasi A.S. Emekli ve Yardim Sandigi Vakfi and Garanti Kultur A.S.; and a member of the Audit Committee at Garanti Leasing SA, Garanti Consumer Finance SA and Garanti Odeme Sistemleri A.S. He is Member of the New Business and Product Committee, Member of the Consumer Committee, Member of the Integrity Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Beyza Yapici

Mr. Beyza Yapici has served as Director, Internal Capital and Operational Risk of Turkey Garanti Bank Inc. since April 2016. He got his degree in labor economics from Marmara Universitesi. After joining Garanti Bank’s General Accounting Department in 2001, he worked in the Risk Management Department from 2008 until 2016. He has been serving as Internal Capital and Operational Risk Director since April 2016. He is Member of the New Business and Product Committee of the Company.

Ricardo Gomez Barredo

Mr. Ricardo Gomez Barredo has served as Member of the Board of Directors of Turkey Garanti Bank Inc. since May 8, 2017. Ricardo Gomez Barredo earned his B.S. degree in Economics and Business Management from Universidad Autonoma de Madrid and graduate degree in Tax Consultancy from Universidad Pontificia Comillas ICAI - ICADE. He also completed PDA program in Instituto de Estudios Superiores de la Empresa (IESE). After working in a global consultancy firm in Tax & Legal Department and in an industrial company as the Head of Tax Consultancy, he joined BBVA in 1994 as Director of Tax Advice Mortgage Banking. He has occupied several top management positions in BBVA, such as Tax Advice Private Banking, Director of Tax Advice Argentaria, Deputy Director of Tax Consulting, Head of Financial Analysis and Planning, Head of Financial Planning and Management Control and the Head of Global Accounting & Information Management. In 2016, he was appointed to his current role as Head of Accounting & Supervisors. As of May 8, 2017, Mr. Barredo is a Board Member of Garanti Bank and has 25 years of experience in banking and business administration.

Sait Ozen

Mr. Sait Ergun Ozen has served as Member of the Board of Directors of Turkey Garanti Bank Inc. since September 2, 2015. He was General Manager, Member of the Board of Directors of the Company between May 14, 2003 and September 2, 2015, and served as General Manager of the Company between April 1, 2000 and May 14, 2003. He earned his BA in Economics from State University of New York and is a graduate of the Advanced Management Program at Harvard Business School. He started his banking carrier in Treasury department in 1987 before joining Garanti in 1992 and served as the President and CEO at Garanti Bank between April 1, 2000 and September 2, 2015. Since April 1, 2000 he is a Board Member of Garanti Bank. Mr. Ozen is also a Board Member at Garanti Securities, the Deputy Chairman of the Board of Directors at GarantiBank Moscow and the Chairman of the Board of Directors at GarantiBank S.A. (Romania). In addition, Mr. Ozen serves as the Board Member of the Istanbul Foundation for Culture and Arts (IKSV) and Turkish Industrialists’ and Businessmen’s Association (TUSIAD) and since 2010 as the Board Member of the Trustees of Turkish Education Association. Mr. Ozen has 30 years of experience in banking and business administration. He is Member of the Remuneration Committee of the Company.

Jaime Saenz de Tejada Pulido

Mr. Jaime Saenz de Tejada Pulido has served as Member of the Board of Directors of Turkey Garanti Bank Inc. since October 2, 2014. He holds undergraduate degrees from Universidad Pontificia Comillas ICAI - ICADE in both Law and Economics and Business. Mr. Saenz de Tejada joined BBVA in 1992 and is currently the CFO at BBVA Group. He has been serving as the Board Member of Garanti Bank since October 2, 2014. He has 24 years of experience in banking and business administration. He is Member of the Credit Committee of the Company.

Rafael Salinas Martinez de Lecea

Mr. Rafael Salinas Martinez de Lecea has served as Member of the Board of Directors of Turkey Garanti Bank Inc. since May 8, 2017. He is Member of the Credit Committee, and Member of the Risk Committee of the Company. Rafael Salinas Martinez de Lecea holds a B.S. degree in Economics and Business Management from Universidad de Alicante and graduate degrees from the Center for Monetary and Financial Studies of the Bank of Spain (CEMFI), MSc in Econometrics and Mathematical Economics of London School of Economics and MBA from the Graduate School of Business of University of Chicago. He joined BBVA in 1991 as the Director of Derivative Products in BBVA Interactivos, S.V.B and developed all his professional career at the BBVA Group. Between 1998-2000, he worked as the Deputy Director of Assets and Liabilities of the BBVA Group. After working as the Head of Capital Base Management of BBVA, he was appointed as the CFO of Banco de Credito Local de Espana (BCL) in 2003. Between 2006-2015, he served as the Director of Risk & Portfolio Management of the Corporate and Investment Banking unit of BBVA and since 2015, he is the Global Chief Risk Officer of the BBVA Group. Mr. Salinas has been serving as a Board Member of Garanti Bank since May 8, 2017 and has 27 years of experience in banking and business administration.

Muammer Sezgin

Dr. Muammer Cuneyt Sezgin has served as Member of the Board of Directors of Turkey Garanti Bank Inc. since June 30, 2004. He received his undergraduate degree (BA) from Middle East Technical University Department of Business Administration, his MBA from Western Michigan University and his Ph.D. from Istanbul Universitesi Faculty of Economics. He served in executive positions at several private banks and in 2001, Mr. Sezgin joined Garanti Bank. He is a Board Member and the Chairman of Sustainability Committee at Garanti Bank. In addition, Mr. Sezgin is a Board Member at Garanti Bank S.A. (Romania), Garanti Pension and Life, Garanti Securities and Corporate Volunteer Association Turkey. Mr. Sezgin has 29 years of experience in banking and business administration. He is Member of the Weekly Review Committee, Member of the Sustainability Committee, Member of the Responsible Business Committee, Member of the New Business and Product Committee, Member of the Employee Committee, Member of the Consumer Committee, Member of the Corporate Assurance Committee, Member of the Integrity Committee, and Member of the Volcker Rule Oversight Committee of the Company.

Javier Bernal Dionis

Mr. Javier Bernal Dionis has served as Independent Member of the Board of Directors of Turkey Garanti Bank Inc. since July 27, 2015. He earned his Law Degree from Universitat de Barcelona (Spain), and his MBA from IESE Business School, Universidad de Navarra (Spain). He joined BBVA in 1996, after working in Barna Consulting Group (Barcelona) as Partner and in Promarsa (New York, USA) as a General Manager. Until 1999, he was the Segment Manager of Retail Banking (Spain) at BBVA. During the period from 2000 to 2003, he was the founder of an external internet portal outside of BBVA. For the last 12 years, he has been working in different areas at BBVA. Between 2004 and 2005, he was the Head of Innovation and Business Development, reporting to the CEO. Between 2006 and 2010, he was the Head of Business Development Spain & Portugal. Between 2011-2014, he was the Head of Commercial & Retail Banking under Global Retail and Business Banking and from 2014 to 2015, he served as the Head of Business Alignment of BBVA and Garanti. He has been a member of the BBVA Group Executive Committee between years 2006 and 2010 and Spanish and Portugal Executive Committee between 2010 and 2011. He has been serving as a Board Member of Garanti Bank since July 27, 2015 and he is also serving as a Board Member at Garanti Pension and Life, GarantiBank Moscow, Garanti Bank S.A. (Romania), Garanti Leasing, Garanti Securities and Garanti Payment Systems. Mr. Bernal has 27 years of experience in banking and business administration and he is responsible of BBVA-Garanti coordination. He is Member of the Credit Committee, Member of the Audit Committee (as of March 31, 2016), Member of the Corporate Governance Committee, Member of the Risk Committee, Member of the Weekly Review Committee, Member of the Cost Management Committee, Member of the Employee Committee, and Member of the Customer Committee of the Company.

Belkis Yurdum

Ms. Belkis Sema Yurdum has served as Independent Member of the Board of Directors of Turkey Garanti Bank Inc. since April 30, 2013. She graduated from Bogazici Universitesi, Faculty of Administrative Sciences in 1979 and completed Advanced Management Program in Harvard Business School for senior managers in 2000. After working in a private sector company as a human resources expert, she had her career in banking sector between 1980 and 2005. She worked as an Executive Vice President of Garanti Bank and held audit committee membership in various subsidiaries between 1992 and 2005. Ms. Yurdum has been engaged in senior consultancy services for companies since 2006. Ms. Yurdum has 37 years of experience in banking and business administration. She has been Member of the Corporate Governance Committee of the Company since April 9, 2015.