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Yapi ve Kredi Bankasi AS (YKBNK.IS)

YKBNK.IS on Istanbul Stock Exchange

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15 Jul 2019
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Summary

Name Age Since Current Position

Ali Koc

52 2016 Chairman of the Board of Directors

Gokhan Erun

2018 Chairman of the Executive Committee, Executive Director and Chief Executive Officer

Niccolo Ubertalli

2015 Vice Chairman of the Executive Committee, Executive Director and Deputy Chief Executive Officer

Carlo Vivaldi

53 2015 Vice Chairman of the Board of Directors

Massimo Francese

53 2016 Assistant General Manager - Financial Planning and Administration, Member of the Executive Committee

Kursad Keteci

Strategic Planning and Investor Relations, EVP

Akif Erdogan

2013 Assistant General Manager - Information Technologies and Operations, Member of the Executive Committee

Mehmet Ozdemir

2013 Assistant General Manager – Compliance and Internal Control

Albert Angersbach

2018 Assistant General Manager - Risk Management, Member of the Executive Committee

Cemal Sanal

2008 Assistant General Manager – Legal Affairs

Saruhan Yucel

2018 Assistant General Manager - Treasury and Financial Institutions, Member of the Executive Committee

Arif Isfendiyaroglu

51 2018 Assistant General Manager - Retail Banking Sales, Member of the Executive Committee

Hakan Alp

51 2018 Assistant General Manager - Human Resources and Organization, Member of the Executive Committee

Erhan Adali

2018 Assistant General Manager - Corporate and Commercial Banking, Member of the Executive Board

Serkan Ulgen

2018 Assistant General Manager - Retail Banking, Member of the Executive Committee

Giovanni Avanzi

2017 Assistant General Manager - Internal Audit

Yakup Dogan

2009 Assistant General Manager - Alternative Delivery Channels

Nurgun Eyuboglu

2013 Assistant General Manager - Corporate and Commercial Credits

Demir Karaaslan

2016 Assistant General Manager - Retail Credits

Ahmet Ashaboglu

48 2005 Member of the Board of Directors

Mirko Bianchi

57 2016 Member of the Board of Directors

Gianfranco Bisagni

61 2016 Member of the Board of Directors

Levent Cakiroglu

52 2015 Member of the Board of Directors

Francesco Giordano

2018 Member of the Board of Directors

Aykut Taftali

2016 Member of the Board of Directors

Ahmet Cimenoglu

2019 Independent Member of the Board of Directors

Wolfgang Schlik

2016 Independent Member of the Board of Directors

Virma Sokmen

2019 Independent Member of the Board of Directors

Giovanna Villa

2016 Independent Member of the Board of Directors

Biographies

Name Description

Ali Koc

Mr. Ali Yildirim Koc has served as Chairman of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since since April 2016. He received his bachelor’s degree at Management Faculty of Rice University (USA) and earned his MBA degree from Harvard Business School (USA). He started his career at American Express Bank as a Management Trainee and continued as an Investment Analyst at Morgan Stanley Investment Bank. Mr. Koc joined Koc Holding in 1997 and held senior-level positions until 2010 including new business development and information technologies. He was the President of Corporate Communications and IT Group. He has been serving as a Board Member at Koc Holding for over 8 years. In February 2016, he was elected as Vice Chairman. Koc is also the Chairman at Ark Insaat, Bilkom, Digital Panorama, Ford Otosan, Koc Information and Defense Technologies, Koc Sistem, Koctas, Otokar, Otokoc, Setur. Additionally, Koc is the President of National Competition Research Association (URAK), the Chairman of 1907 Fenerbahce Association, a Board Member at Endeavor Association and Foreign Economic Relations Board (DEIK) and the Vice Chairman of Turkish Industrialists and Businessmen Association (TUSIAD). He is also a member of the Global Advisory Council of Harvard University and Bank of America.

Gokhan Erun

Mr. Gokhan Erun has served as Chairman of the Executive Committee, Executive Director and Chief Executive Officer of YAPI VE KREDI BANKASI ANONIM SIRKETI since January 15, 2018. He earned his undergraduate degree from Istanbul Teknik Universitesi (Istanbul Technical University) Department of Electronics and Communications Engineering and his graduate degree from Yeditepe Universitesi in Business Administration. In 1994. He began his career at Garanti Bank Treasury Department. Between 1999-2004, he served as the Senior Vice President of Commercial Marketing and Sales Department. After becoming the CEO of Garanti Pension and Life in 2004, he was appointed as Executive Vice President of Garanti Bank in September 2005. He served as the Deputy CEO of Garanti Bank since September 2015, in charge of Corporate Banking Coordination, Treasury, Treasury Marketing and Financial Solutions, Derivatives, Cash Management and Transaction Banking, and Financial Institutions. He also held positions in the Boards of various Garanti Bank subsidiaries. As of January 2018, Mr. Erun has continued his career in Yapi Kredi as Executive Director in Board of Directors and Chief Executive Officer (CEO). In addition, he is the CEO of Koç Financial Services and holds positions in the Boards of various Yapi Kredi Group subsidiaries. He is Chairman of Executive Committee, chairman of Credit Committee.

Niccolo Ubertalli

Mr. Niccolo Ubertalli has served as Vice Chairman of the Executive Committee, Executive Director and Deputy Chief Executive Officer of Yapi Ve Kredi Bankasi Anonim Sirketi since February 16, 2015. He graduated from Politecnico di Torino with a Bachelors Degree in Material Engineering in 1996. He received his Master’s in Business Administration from Owen Graduate School of Management at Vanderbilt University in 2000. During his Graduate program, Ubertalli also worked at Teksid Aluminum Foundry as Program Manager and Process Engineer. From 2000 to 2002 he worked at McKinsey as Senior Associate. Between 2002-2004, he worked at UniCredit Clarima as Director of Major Relations Divisions. Between 2004-2006, Ubertalli worked at MBNA (USA and UK) as First Vice President. Between 2006-2009 he worked at UniCredit Consumer Financing as Chairman and Executive Director. In 2009 he continued his career at UniCredit SpA, as Chief of Staff for Group CEO between 2009-2011 and as Head of Consumer Finance between 2011-2012. In 2012 he assumed the position of Deputy CEO at UniCredit Tiriac Bank. He was Member of Management Board of Pioneer Invesments, member of Management Board of UniCredit Tiriac, Member of Supervisory Board of UniCredit Consumer Finance Bulgaria, among others. He also serves as Executive Director and Deputy CEO of Koc Financial Services and Vice Chairman in Yapi Kredi subsidiaries. He is also Member of Board of Directors of Yapi Kredi Koray Real Estate Investment Trust and Allianz Yasam ve Emeklilik. He is Vice Chairman of Credit Committee, Vice Chairman of Executive Committee.

Carlo Vivaldi

Dr. Carlo Vivaldi has served as Vice Chairman of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since February 16, 2015. He was Executive Member of the Board, Vice General Manager from January 24, 2011 till February 16, 2015 and Director of the Company from May 18, 2009 to January 24, 2011. He was Vice General Manager of Financial Planning, Financial Affairs and Control Management of the Company between November 30, 2005 and October 1, 2007. After graduating from Universita Ca Foscari di Venezia, Department of Business Administration, he started his career in 1991 as Teller in Cassamarca, one of the four banks which merged into UniCredit in 1998. At that time he moved to Group’s Planning and Control and then in 2000 he moved under New Europe Division responsible for Planning and Control. At the end of 2002, he became Chief Financial Officer and Executive Vice President at Koc Financial Services and Yapi Kredi in addition to memberships of Board of Directors at some Group subsidiaries until September 2007. In October 2007, he was appointed Member of the Management Board and CFO at UniCredit Bank Austria AG and started to serve in several other Supervisory Boards in CEE subsidiaries of UniCredit Group. In May 2009, he was appointed Member of the Board of Directors at Yapi Kredi and in January 2011, UniCredit representative for Turkey as Executive Director and Deputy CEO in Yapi Kredi. He also was Executive Director and Deputy CEO of Koc Financial Services and Vice Chairman in Yapi Kredi subsidiaries (Yapi Kredi Asset Management, Yapi Kredi Invest, among others). He was also Member of Yapi Kredi Koray Real Estate Investment Trust and Allianz Pension Fund company. Since February 2015, he has been Head of CEE Division of UniCredit and Deputy Chairman of the Management Board of UniCredit Bank Austria. He is among others Member of Supervisory Boards of Public Joint Stock Company “Ukrostsbank”, UniCredit Bank S.A. He is Alternate Member of Credit Committee, Remuneration Committee Member.

Massimo Francese

Mr. Massimo Francese has served as Assistant General Manager - Financial Planning and Administration, Member of the Executive Committee of YAPI VE KREDI BANKASI ANONIM SIRKETI since March 1, 2016. He joined Credito Italiano in 1991 as Customer Relationship Manager then he experienced different positions in Organisation, Planning and Control functions. In 2005, he became Head of Group Planning at UniCredit. He continued his career at UniCredit Family Financing Bank between 2007 and 2010 as Chief Financial Officer. In November 2010, he moved to UniCredit S.p.a. as Head of Value Management & Planning for Consumer Finance business until 2012. In 2012, Mr. Francese assumed the position of CEO and Chairman of the Management Board in UniCredit Consumer Financing EAD in Sofia (Bulgaria) where he worked until the February 2016. He graduated in Economics from Universita Cattolica del Sacro Cuore, Milano in Italy. He is Member of the Corporate Governance Committee of the Company.

Kursad Keteci

Akif Erdogan

Mr. Akif Cahit Erdogan has served as Assistant General Manager - Information Technologies and Operations, Member of the Executive Committee of YAPI VE KREDI BANKASI ANONIM SIRKETI since July 2013. Before that, he was Vice General Manager - Information Technologies from December 1, 2009. He graduated from Faculty of Mechanical Engineering at Istanbul Teknik Universitesi (Istanbul Technical University), and he earned his MBA degree from Rochester Institute of Technology. Starting his professional career at Xerox Corporation (Rochester, NY) as a Business Analyst, Mr. Erdogan moved to Accenture Istanbul Office in 2000 as a Management Consultant, where he was promoted to Manager and Senior Manager positions. He was appointed as Turkey Country Lead for Management Consulting Growth Platform in February 2008, before he left Accenture in November 2009. He is the chairman of the Board of Directors of Yapi Kredi Teknoloji A.S. since May 2015.

Mehmet Ozdemir

Mr. Mehmet Erkan Ozdemir has served as Assistant General Manager – Compliance and Internal Control of YAPI VE KREDI BANKASI ANONIM SIRKETI since October 2013. After graduating from Middle East Technical University, Department of Economics in 1989, Mehmet Erkan Ozdemir worked as a Sworn-in Bank Auditor on the Sworn-in Bank Audit Board of the Banking Regulation and Supervision Agency between April 1994 and August 2001. He joined Koc Holding in August 2002 as Audit Coordinator in the Kocbank Audit Group, responsible for the financial companies of the Group. He started serving as Statutory Auditor at Kocbank in August 2002 and later at Yapi Kredi in September 2005. Ozdemir was assigned as Compliance Officer and Assistant General Manager in charge of the Compliance Office in April 2008. Ozdemir has been serving as Assistant General Manager in charge of Compliance and Internal Control since October 2013. He is Member of the Corporate Governance Committee of the Company.

Albert Angersbach

Mr. Albert Angersbach has served as Assistant General Manager - Risk Management, Member of the Executive Committee of YAPI VE KREDI BANKASI ANONIM SIRKETI since August 2018. Mr. Albert Angersbach graduated from University of Applied Sciences, Germany, Frankfurt am Main in 2006. He holds a diploma in International Finance and Law. He began his professional career in 2006 as a Corporate and Industry Analyst at UniCredit Bank Austria. In 2007, he joined Deutsche Bank as a Corporate Credit Risk Manager, Assistant Vice President. From 2010 until 2011, Mr. Angersbach worked as Head of Credit Underwriting Vice President, and until 2013 as Chief Risk Officer at UniCredit ATF Bank. In 2013, he assumed responsibility as the Head of Corporate Credit at UniCredit Ukraine. From 2016 until 2018 he worked as the Chief Risk Officer in Zagrebacka banka, UniCredit. Mr. Angersbach is also a member of the Board of Directors of certain domestic and foreign subsidiaries of Yapi Kredi.

Cemal Sanal

Mr. Cemal Aybars Sanal has served as Assistant General Manager – Legal Affairs of YAPI VE KREDI BANKASI ANONIM SIRKETI since July 2008. After graduating from Istanbul Universitesi Faculty of Law, Cemal Aybars Sanal began his career in 1986 at Sanal&Sanal Law Firm as Partner. Between 1992 and 1995, he worked at Shell Company of Turkey Limited as an Attorney, between 1995 and 1998 at White&Case Law Firm as an Attorney, between 1998 and 1999 at Shell Company of Turkey Limited as Chief Legal Counsel and a Member of the Board of Directors, between 1999 and 2006 at Boyner Holding as Chief Legal Counsel and Vice President. After working as a freelance attorney between 2006 and 2007, Sanal worked at ELIG Law Firm as Senior Consultant from 2007 to 2008. Sanal has been Assistant General Manager in charge of Legal Affairs at Yapi Kredi since July 2008.

Saruhan Yucel

Mr. Saruhan Yucel has served as Assistant General Manager - Treasury and Financial Institutions, Member of the Executive Committee of YAPI VE KREDI BANKASI ANONIM SIRKETI since June 2018. He earned his undergraduate degree from Istanbul Universitesi Department of Business Administration and his graduate degree from University of Illinois in Business Administration. Yucel started his career at Kocbank in fund Management Department in 2000. Following his role as Securities Portfolio Manager, between 2002 and 2003, in Yapi Kredi Portfolio in Investment Funds Management Fixed Income department, between 2003 and 2018, he worked as FX and Money Markets Senior Dealer, FX Markets Vice President, Fixed Income Securities Vice President and Balance Sheet Management and Fixed Income Securities Executive Vice President in Yapi Kredi Bank. Following June 2018, he continued his career as Treasury Management Assistant General Manager. He is also Member of the Executive Committee at Yapi Kredi Bank.

Arif Isfendiyaroglu

Mr. Arif Ozer Isfendiyaroglu has served as Assistant General Manager - Retail Banking Sales, Member of the Executive Committee of YAPI VE KREDI BANKASI ANONIM SIRKETI since December 2018. After graduating from Istanbul Teknik Universitesi’s Textile Engineering Department in 1990, he received his MBA from Istanbul Bilgi Universitesi and Manchester Business School in 2000. He started his professional career in the Securities and Treasury Department of Garanti Bank in 1990, where he served as Senior Vice President of Retail Banking, Business Banking and CRM from 1996 until 2004. In tandem with his post as the Executive Vice President of Business Banking and Retail Banking between 2004 and 2009, he held a member’s seat on the boards of directors of Deniz Portfolio Management, Denizbank Moscow and Deniz Life. He worked as the Executive Vice President of Garanti Payment Systems from 2009 until 2015. In 2015, he joined Akbank, where he was the Executive Vice President of Retail Banking, Payment Systems and Corporate Communications, and also a member of the Board of Directors of Ak Investment.

Hakan Alp

Mr. Hakan Alp has served as Assistant General Manager - Human Resources and Organization, Member of the Executive Committee of YAPI VE KREDI BANKASI ANONIM SIRKETI since September 2018. After graduating from Ankara Universitesi, Faculty of Political Sciences, Department of International Relations, 1989, Hakan Alp started his professional career in 1991 at Garanti Bank’s Audit Department and then served as Training Manager at the same bank between 1997 and 1999. Alp has worked for Humanitas Dogus Human Resources Management as Assistant General Manager in charge of Training, Executive Development, Finance and Administration, Operation between 2000 and 2003. Alp served as Assistant General Manager of Human Resources Management at Tansas Retail Chain between 2003 - 2005, and then he became Assistant General Manager of Human Resources Management at Sutas in 2006. Alp started to work as Human Resources Executive Vice President at QNB Finansbank in 2007 and assigned as Assistant General Manager of Human Resources in 2010 and worked there until 2018.

Erhan Adali

Mr. Erhan Adali has served as Assistant General Manager - Corporate and Commercial Banking, Member of the Executive Committee of YAPI VE KREDI BANKASI ANONIM SIRKETI since March 2018. After graduating from the Faculty of Political Sciences, Public Administration at Istanbul Universitesi in 1987, Erhan Adali began his professional career at Garanti Bankasi as an Internal Auditor. After serving in various positions, Adali worked as the Corporate Branch Manager, Commercial Banking Regional Manager and Coordinator in SME Banking Marketing between 1997 and 2005. Adali worked as the CEO of Garanti Pension and Life Company from 2005 to 2012 and continued to serve as Executive Vice President of Credits at Garanti Bank until 2015. He served as a member of Board of Garanti Leasing and Garanti Mortgage in 2015-2017. He is also a Member of the Board of Directors of Yapi Kredi Factoring, Yapi Kredi Leasing, Yapi Kredi Bank Azerbaijan and Yapi Kredi Bank Malta.

Serkan Ulgen

Mr. Serkan Ulgen has served as Assistant General Manager - Retail Banking, Member of the Executive Committee of YAPI VE KREDI BANKASI ANONIM SIRKETI since January 1, 2018. He received his B.S. degree in Industrial Engineering from Bilkent University, Ankara in 1998. Following his graduation, he started his professional career at BENKAR Consumer Financing and Credit Card Services within Boyner Group. In 2001, he joined Yapi Kredi Bank of Turkey and since then, held different positions in Retail Banking and Card Payment Systems at Yapi Kredi. He got his MBA degree from Bogazici Universitesi, Istanbul in 2005. He is also a Board Member of Yapi Kredi Bank Azerbaijan. Since 2010, he has been a Board Member of Interbank Card Center (BKM) and became the Chairman of the Board of BKM in 2016. Ulgen also serves as the Chairman of Turkish Client Council of VISA and a Board Member of Tani Marketing and Communications Services, a data company within Koc Group.

Giovanni Avanzi

Mr. Giovanni Avanzi has served as Assistant General Manager - Internal Audit at YAPI VE KREDI BANKASI ANONIM SIRKETI since 2017. After graduating from Universita Cattolica del Sacro Cuore, Management and Business Administration, Giovanni Avanzi began his career at Arthur Andersen in 1995, where he acted as an external auditor and then as a consultant for the main Italian banks. In 2003, he joined the Internal Audit Department of UniCredit, responsible for auditing the UniCredit SpA and its subsidiaries with focus on the Market, Liquidity and Conduct risks. In 2006 Avanzi started up the Audit monitoring and reporting function, till 2009 when he became Head of Group Audit Methodologies responsible for re-engineering the audit processes and tools. In January 2014, he was appointed as Executive Director and Head of the Internal Audit at Bank Pekao in Poland. In 2017, he took on the responsibility of Assistant General Manager for Internal Audit at Yapi Kredi. Avanzi owns the CIA, CRMA and QA certificates.

Yakup Dogan

Mr. Yakup Dogan has served as Assistant General Manager - Alternative Delivery Channels of YAPI VE KREDI BANKASI ANONIM SIRKETI since May 2009. Prior to that, he was acting as Head of Alternative Distribution Channels of Yapi ve Kredi Bankasi A.S., a post he held from February 2006. After graduating from the Faculty of Business Administration of Cukurova Universitesi, he started his career at Isbank as an Assistant Specialist in 1992. Between 1996 and 2001, he worked at Ottoman Bank in Senior Management positions responsible for the development of Retail Banking, Credit Cards and Alternative Delivery Channels. In 2001, Dogan joined Kocbank as Alternative Delivery Channels Manager. With the merger of Yapi Kredi and Kocbank in 2006, Dogan held the position of Alternative Delivery Channels Executive Vice President in Yapi Kredi. Dogan has been Assistant General Manager in charge of Alternative Delivery Channels at Yapi Kredi since May 2009.

Nurgun Eyuboglu

Ms. Nurgun Eyuboglu serves Assistant General Manager - Corporate and Commercial Credits at YAPI VE KREDI BANKASI ANONIM SIRKETI since February 2013. After graduating in 1991 from Bogazici Universitesi Faculty of Administrative Sciences with a Degree in Economics, she began her career in Iktisat Bankasi as Management Trainee in the same year. She joined Kocbank in 1993 and worked as Branch Manager until 2004. With the merger of Yapi Kredi and Kocbank in 2006, Eyuboglu held the position of Head of Corporate and Multinational Companies in Yapi Kredi until 2009. In February 2009, she was appointed as General Manager of Yapi Kredi Leasing. She is also a member of the Board of Directors of Yapi Kredi Faktoring and Yapi Kredi Leasing.

Demir Karaaslan

Mr. Demir Karaaslan has served as Assistant General Manager - Retail Credits of YAPI VE KREDI BANKASI ANONIM SIRKETI since January 2016. Mr. Karaaslan graduated from Marmara Universitesi, Business Administration department in 1999. Between September 1999 and December 2004, he worked at PricewaterhouseCoopers (PwC) where he joined as an Assistant Auditor and promoted to Audit Manager. He continued his career at Kocbank between 2005 and 2006 as Head of Budget & Planning. In 2006, following the merger of Kocbank and Yapi Kredi Bank, he was appointed as Vice President responsible from Planning & Control. He has been the Head of Planning & Control since 2010 and promoted as Executive Vice President in 2011. Starting from January 2016, he was appointed as Assistant General Manager in charge of Retail Credits. Throughout his career, Mr. Karaaslan also assumed the positions of Statutory Auditor and member of Board in several subsidiaries of Yapi Kredi Bank. Karaaslan is also a board member of Credit Bureau and a member of The Banks Association of Turkey Risk Center.

Ahmet Ashaboglu

Mr. Ahmet Fadil Ashaboglu has served as Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since September 28, 2005. He also served as Member of the Audit Committee of the Bank from April 26, 2007 until January 28, 2009. He graduated from Tufts University and earned a master’s degree from Massachusetts Institute of Technology (MIT) in Mechanical Engineering. In 1994 and he holds a Bachelor of Science degree from Tufts University , he began his career as a Research Assistant at MIT, held various positions at UBS Warburg between 1996 and 1999 and worked as a Management Consultant at McKinsey & Company, New York, between 1999 and 2003. He joined Koc Holding as Finance Group Coordinator in 2003. He has been serving as the CFO at Koc Holding since 2006. He has been a Member of the Board of Directors of Yapi Kredi since September 2005. He is also a Member of Board of Directors of Koc Financial Services and Yapi Kredi Koray Real Estate Investment Trust and serves in the Board of Directors of some of Koc Group Companies.

Mirko Bianchi

Mr. Mirko Davide Georg Bianchi has served as Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since 2016. Until 2016, he was Independent Director of the Company. He earned a Master of Science degree in Chemical Process Engineering from ETH in Zurich. He earned an MBA, Marketing & Finance, from Fordham University, New York, in 1991 and completed the Executive Program in Financial Analysis at the Northwestern University, Chicago, in 1994. After his finance degree, he joined BCI Capital in New York in 1992 to work as an equity analyst. Further steps in his career in New York: Vice President and Senior Analyst at Moody’s Investors Service, Director Debt Capital Markets Ratings Advisory at Deutsche Bank Securities. In 2000 Mirko Bianchi moved to London to join UBS Investment Bank, where his responsibilities as Managing Director and Global Head of Ratings Advisory until 2009 included the markets of New York, London, Hong Kong, Tokyo and Melbourne. In October 2009, he joined UniCredit in Milan as Head of Group Finance, where his responsibilities have included the Group’s funding strategies, asset liability management, strategic investment portfolio, and liquidity management. In addition, he was also co-heading the Group’s Treasury operations. In June 2015, he was appointed as CFO for Austria & CEE of UniCredit Bank Austria AG based in Vienna. Bianchi is also a member of the Board of Directors at Koc Financial Services and serves in the Board of Directors of some UniCredit Group Companies. He is Member of the Corporate Governance Committee of the Company (as of 2016).

Gianfranco Bisagni

Mr. Gianfranco Bisagni has served as Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since October 2016. He started his career in the Italian UniCredit network, moved to the United States shortly thereafter. His first appointment was to the Chicago office and he was subsequently relocated to New York City, where he took over as Deputy Chief Manager for the UniCredit New York branch, responsible for all the Representative Offices in North and South America. He was later named Chief Manager of UniCredit´s Hong Kong branch (2001) and Head of Corporate Banking Asia Pacific & Chief Manager Hong Kong branch (2008). From 2010, he served as Head of CIB & Private Banking at UniCredit Tiriac Bank Romania, where he was appointed a member of the Management Board. From 2011 to 2015, he acted as Head of CEE Corporate and Investment Banking and as Deputy Head of CEE Division at UniCredit. He is Co-Head of CIB since September 2016 after having been Deputy Head since April 2015. He also serves a member of the Board of Directors at Koc Financial Services. He holds a degree in Business Administration from Royal Melbourne Institute of Technology.

Levent Cakiroglu

Mr. Levent Cakiroglu has served as Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since April 2015. He graduated from Ankara Universitesi Faculty of Political Sciences, Business Administration Department (Bachelors), and received his master’s degree from University of Illinois. He started his professional life in Ministry of Finance in 1988. 1997-1998, he taught as part time instructor at Bilkent University. He joined Koc Group in 1998 as Koc Holding Financial Group Coordinator. He was the General Manager of Koctaa between 2002-2007, the CEO of Migros between 2007-2008, the CEO of Arcelik between 2008-2015 and the President of the Durable Goods Group of Koc Holding A.S. between 2010-2015. He was appointed as the Deputy CEO of Koc Holding in February 2015 and he took over the CEO post on April 2015. He is also a member of the Board of Directors of Koc Financial Services and serves in the Board of Directors of some Koc Group Companies. He is Member of Remuneration Committee of the Company.

Francesco Giordano

Mr. Francesco Giordano has served as Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since March 20, 2018. He served as Director of the Company from March 31, 2011 until 2015. He has a Bachelors degree in Economics from Universita degli Studi di Genova (Italy) and a master degree in Economics from University of Warwick (UK). He started his career as an Economist at MMS/Standard & Poors in London. He then moved, remaining in London, firstly to the Istituto Bancario San Paolo and then to Credit Suisse First Boston as Senior Economist. He joined the UniCredit Group in 2000 as Head of Research, thereafter covering a number of positions including Head of Planning, Research and Strategy and CFO and Head of Marketing and Strategy for the Corporate and Investment Banking Division. From 2011 to 2015 he worked as CFO of Bank Austria, with responsibility also for the CEE. During this period he also Served as a Board Member at Yapi Kredi Bank and Koc Finansal Hizmetler. In 2015 he has been appointed as CFO Finance and Member of the Management Board of UniCredit Bank AG in Germany. As of September 2016, he was appointed as Co-Chief Operating Officer, with a specific responsibility for cost management, purchasing, real estate and all finance functions. Giordano has been a Board Member of Yapi Kredi and Koc Financial Services since March 2018.

Aykut Taftali

Mr. Aykut Umit Taftali has served as Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since April 2016. He was also Director of the Company from April 7, 2008 till April 6, 2009. He graduated from Saint Joseph Lycee in Istanbul, earned his BS in Finance from Ball State University and his MBA from University of South Carolina. Additionally, he participated in senior executive programs at Harvard University. Serving as Deputy and Consultant for Suna Kirac, Mr. Taftali also has over 30 years of experience in international investment banking and consultancy. He has worked in upper management positions for Merrill Lynch & Company (New York), Bankers Trust Company (London) and Goldman Sachs International (London). He is currently or was previously a member/board member of various philanthropic and professional organizations such as Suna-Inan Kirac Foundation, Educational Volunteers Foundation of Turkey (TESEV), Turkish Industrialists and Businessmen Association (TUSIAD), Saint Joseph Educational Foundation, Educational Volunteers Foundation of Turkey (TEGV), Galatasaray Sport Club, American Finance Association (USA), Financial Management Association (USA), Museum of American Financial History (USA), Ball State University Foundation (USA), Turkish Bankers Association (UK), University of South Carolina Foundation (USA). Currently an Executive Committee Member at Koc Holding, he also serves as Board Member at Kare Portfoy, Kiraca Holding and its subsidiaries. He is Alternate Member of Credit Committee.

Ahmet Cimenoglu

Mr. Ahmet Cimenoglu has served as Independent Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since March 18, 2019. He graduated from Department of Economics at Bogazici Universitesi in 1992. He started his professional life as an economist at Yapi Kredi in 1995, after completing his MA in Economics at Bogazici Universitesi, Istanbul. He received his PhD degree in economics at Istanbul Teknik Universitesi (Istanbul Technical University) in 2002. He worked as the Chief Economist, and Head of Strategic Planning and Research at Yapi Kredi, respectively, between July 2004 and February 2009. In March 2009, he joined Koc Holding as the Head of Economic Research. He is currently the Chief Economist of the Koc Holding. He serves as a Board member at Koc Financial Services and Yapi Kredi since March 2019.

Wolfgang Schlik

Mr. Wolfgang Schlik has served as Independent Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since October 13, 2016. Prior to this, he was Assistant General Manager - Risk Management at the Company between September 2010 and October 13, 2016. He graduated from the University of Vienna, Faculty of Law in 1992. Mr. Schlik started his career at Creditanstalt-Bankverein (CA-BV) as graduate trainee and completed this program. Between 1994 and 1996, he worked as Restructuring Executive responsible for Corporate Banking at CA-BV. He worked as Credit Unit Manager of Bank Austria Creditanstalt from 1996 to 2004, and was appointed as Regional Office Manager responsible for Corporate Banking in 2004, and as Regional Officer Manager responsible for Private and SME Banking in 2006. Between 2007 and 2010, he performed as Risk Manager responsible for private and SME banking. He has acted in the Supervisory Boards of Bank Austria Mobile Sales Channel Sub-organization (BAF) and Leasfinanz Bank (UniCredit Leasing Sub-organization), and in the Advisory Boards of IRG Immobilien Rating GmbH (Bank Austria Real Estate Valuation Sub-organization). He is Chairman of the Audit Committee, and Member of the Credit Committee of the Company.

Virma Sokmen

Ms. Virma Sokmen has served as Independent Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since March 18, 2019. She has a Bachelor degree in Finance from La Salle University 1992. She began her professional career at research and investment banking departments of Korfezbank and Carsi Menkul Degerler. Between 1993 and 2001, she worked at Midland Bank A.S. as a Credit Analyst. Between 2001 and 2010, she served as Corporate Banking Group President and an Executive Vice President of Corporate and Commercial Banking at HSBC. Sokmen managed corporate banking, commercial banking foreign trade and provision management, factoring, corporate and commercial insurance, corporate marketing and cash management units since 2010. Sokmen also served as the Assistant General Manager, responsible from Corporate and Commercial Banking, at HSBC. Since 2016, Sokmen has been a Managing Partner at Credia Partners. Sokmen has been a Board Member of Yapi Kredi and Koc Financial Services since March 2019.

Giovanna Villa

Ms. Giovanna Villa has served as Independent Member of the Board of Directors of YAPI VE KREDI BANKASI ANONIM SIRKETI since April 2016. She earned her Bachelor’s degree in Financial Administration from Universita Bocconi in 1991 and obtained a Certified Public Accountant (CPA) certificate in 2000. Between 1991-1995, she worked as a Senior Auditor at Pricewaterhouse Coopers and between 1995-1997 as an Assistant in the administration department at Santavaleria (holding company for Max Meyer Group, Bertram Yatch and Sediver). In 1997, she provided accounting consultancy to SME companies in Milan and Monza area. Between 2000-2005, she thought administration and management courses at CIS, Lecco. Between 2009-2011, she worked as an Assistant to the Internal Auditor at Aler Azienda Lombarda Edilizia Residenziale. Since 2000, she has been a Member of the Auditor Statutory Committee for several companies such as Lenova SpA, Ritrama Group, Sias Autodromo di Monza Circuit SpA, Lubra SpA, Malvestiti SpA, Crescere Insieme, Crippa Campeggio, Italian Gasket SpA, Siemens Spa ve Siemens Holding SpA. She is member of the Audit committee of the Company.