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Turkiye Is Bankasi AS (ISCTR.IS)

ISCTR.IS on Istanbul Stock Exchange

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21 Oct 2018
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Summary

Name Age Since Current Position

Hakki Ozince

65 2011 Chairman

Adnan Bali

56 2011 Chief Executive Officer, Member of the Board

Senar Akkus

49 2011 Deputy Chief Executive

Hakan Aran

50 2008 Deputy Chief Executive

Murat Bilgic

50 2016 Deputy Chief Executive

Yilmaz Erturk

53 2013 Deputy Chief Executive

Omer Karakus

53 2017 Deputy Chief Executive

Ebru Ozsuca

47 2017 Deputy Chief Executive

Mehmet Sencan

54 2017 Deputy Chief Executive

N. Seyrek

48 2016 Deputy Chief Executive

Yalcin Sezen

53 2011 Deputy Chief Executive

Sahismail Simsek

50 2017 Deputy Chief Executive

Gamze Yalcin

47 2017 Deputy Chief Executive

Ergun Yorulmaz

59 2013 Deputy Chief Executive

Fusun Tumsavas

61 2011 Vice Chairman

Mahmut Magemizoglu

59 2016 Senior Deputy Chief Executive

Ertugrul Bozgedik

54 2017 Member of the Board

Feray Demir

50 2016 Member of the Board

Murat Karayalcin

75 2017 Member of the Board

Ozcal Korkmaz

73 2017 Member of the Board

Ersin Onder Ciftcioglu

58 2017 Member of the Board

Muslim Sari

44 2017 Member of the Board

Rahmi Tureli

55 2017 Member of the Board

Turkay Berksoy

67 2015 Independent Member of the Board

Biographies

Name Description

Hakki Ozince

Mr. Hakki Ersin Ozince has served as Chairman of Turkiye Is Bankasi Anonim Sirketi since April 1, 2011. He graduated from Middle East Technical University, Faculty of Administrative Sciences, Business Administration Department (1975). He started his professional career at Isbank as an Assistant Inspector on the Board of Inspectors in 1976. After working in various managerial positions at Isbank, he was promoted to the post of Deputy Chief Executive in 1994 and until he became the 15th CEO of Isbank on 28 October 1998, his responsibilities encompassed the Treasury, Financial Management, Capital Markets, Loans and the Credit Information and Financial Analysis departments of the Bank. Mr. Özince also serves as the Chairman of the Remuneration Committee since 29 December 2011, as a member of the Audit Committee, T.R.N.C. Internal Systems Committee and an alternate member of the Credit Committee since April 4 2017. In April 2011, he resigned from his role as the Chairman of the Banks’ Association of Turkey, which he had been serving in since May 2002.

Adnan Bali

Mr. Adnan Bali has served as Chief Executive Officer, Member of the Board of Turkiye Is Bankasi Anonim Sirketi since April 1, 2011. He has also been serving as the Chairman of the Credit Committee and member of the Risk Committee. His banking career began in 1986 at Isbank by joining the Board of Inspectors as Assistant Inspector after graduating from Middle East Technical University in Ankara with a BS degree in Economics in 1986. After working at various managerial positions at Isbank, he was promoted to the post of Deputy Chief Executive in 2006. He is the Chairman of Industrial Development Bank of Turkey (TSKB) and Isbank Germany (Isbank AG). He is member of the Board of Directors of Vehbi Koc Foundation, Global Relations Forum (GRF) and The Banks Association of Turkey; member of the Turkish Industry and Business Association (TUSIAD), Istanbul Foundation for Culture and Arts (IKSV), Finance Managers Foundation of Turkey (Finance Club), Institute of International Finance (IIF) and Institut International d’Etudes Bancaires (IIEB). Mr. Bali is also member of the Board of Trustees of Turkish Foundation for Combating Soil Erosion for Reforestation and the Protecting of Natural Habitats (TEMA) and Darussafaka Society. Throughout his career, Mr. Bali has attended to various training programs held abroad, including an executive program at Harvard Business School in Boston Massachusetts.

Senar Akkus

Ms. Senar Akkus has served as Deputy Chief Executive of Turkiye Is Bankasi Anonim Sirketi since April 13, 2011. Ms. Senar Akkus graduated from the Economics Department of the Middle East Technical University, Faculty of Economic and Administrative Sciences in 1991. In the same year, she joined Isbank as an Assistant Specialist at the Treasury Department. In 1998 she was appointed to the same department as an Assistant Manager. She became a Unit Manager in 2002. She was appointed as Head of Economic Research Department in 2006 and as the Head of Treasury Department in 2008.

Hakan Aran

Mr. Hakan Aran has served as Deputy Chief Executive of Turkiye Is Bankasi Anonim Sirketi since July 17, 2008. Hakan Aran is a graduate of the Computer Engineering Department of the Middle East Technical University (Bachelors in 1990) and completed his master's degree in Management at Baskent Universitesi, the Faculty of Social Sciences in 2002. He began his career at Isbank’s IT System Operations Department in 1990 as an Assistant Software Specialist. In 1999, he became an Assistant Manager in IT Solution Development Department. He was appointed to the same department as a Unit Manager in 2002 and as the Head of IT Solution Development Department in 2005.

Murat Bilgic

Mr. Murat Bilgic has served as Deputy Chief Executive of Turkiye Is Bankasi Anonim Sirketi since March 25, 2016. He graduated from the International Relations Department of the Middle East Technical University (Bachelors), Faculty of Economic and Administrative Sciences in 1990. He holds a Master's degree in Money-Banking-Finance from the University of Birmingham. He attended the Advanced Management Program in Harvard Business School. He began his career at Isbank in 1990 as an Assistant Inspector on the Board of Inspectors. He became an Assistant Manager in 1999 at the Corporate Loans Underwriting Department and became a Region Manager at the same department in 2002. He became the Head of Corporate Loans Underwriting Department in 2008.

Yilmaz Erturk

Mr. Yilmaz Erturk has served as Deputy Chief Executive of Turkiye Is Bankasi Anonim Sirketi since January 30, 2013. He graduated from the Faculty of Economics at Istanbul Universitesi (Bachelors in 1985) and received his master's degree from the same university in 1988, Institute of Social Sciences. In 1987, he joined Isbank as an Assistant Specialist in Economic Research Division. He became an Assistant Specialist at the Treasury Department in 1990, an Assistant Manager in 1996 and a Unit Manager in 1998 at the same department. Mr. Erturk became the Head of Economic Research Division in 2003, Head of International Banking Division in 2006 and Manager of Kozyatagi Corporate Branch in 2011.

Omer Karakus

Mr. Omer Karakus has acted as Deputy Chief Executive of TURKIYE IS BANKASI ANONIM SIRKETI since April 27, 2017. Mr. Ömer Karakus graduated from Public Administration Department of Gazi Universitesi, Faculty of Administrative Sciences. He joined Isbank as an Assistant Inspector on the Board of Inspectors in 1989. He became an Assistant Manager at Accounting Division in 1988, continued as a Unit Manager at the same division. Mr. Karakus was appointed as the Head of the Accounting Division in 2005, the manager of Yenisehir Ankara Branch in 2007, Head of Human Resources Management Division in 2008 and the Chairman of the Board of Inspectors on 15 January 2016.

Ebru Ozsuca

Ms. Ebru Ozsuca has acted as Deputy Chief Executive of TURKIYE IS BANKASI ANONIM SIRKETI since November 28, 2017. Ms. Ebru Özsuca graduated from the Economics Department of the Middle East Technical University, Faculty of Economic and Administrative Sciences in 1992. She also holds a master’s degree in International Banking and Finance from the University of Southampton in UK. She attended Advanced Management Program in Harvard Business School in 2015. She joined Isbank as an Assistant Specialist at the Treasury Department in 1993. She served in the same department as an Assistant Manager and Unit Manager. After serving in Corporate BankingProduct Department between the years 2007-2011, she was appointed as Head of Treasury Department.

Mehmet Sencan

Mr. Mehmet Sencan has served as Deputy Chief Executive of TURKIYE IS BANKASI ANONIM SIRKETI since April 27, 2017. Mr. Mehmet Sencan graduated from Management Engineering Department of Istanbul Teknik Universitesi. He began his career at Isbank as an Officer at Galata Branch in 1988 and joined the Board of Inspectors as an Assistant Inspector in 1989. He was appointed to Bursa Branch as an Assistant Manager in 1997. Mr. Sencan served as the Manager of Antakya, Gebze, Denizli and Bursa Branches, and was appointed as the Manager of Bursa Corporate Branch in 2011 and Baskent Corporate Branch in 2016.

N. Seyrek

Mr. N. Burak Seyrek has served as Deputy Chief Executive of Turkiye Is Bankasi Anonim Sirketi since March 25, 2016. He graduated from the International Relations Department of Ankara Universitesi, Faculty of Political Sciences. He began his career at Isbank in 1990 as an Assistant Specialist at Staff Training Department. While he was serving as an Assistant Specialist in Corporate Loans Underwriting Division, he was appointed at Isbank AG Filiale Frankfurt and became the Branch Manager in 1998. He became an Assistant Manager in 2001 at Baskent/Ankara Branch, a Branch Manager at Ostim Branch in 2004, a Director of Commercial Sales at Ankara Central II Regional Sales Department in 2007, the Head of Commercial Banking Product Department in 2010, the Head of Commercial Banking Sales Department in 2011, the Head of SME Banking Sales Department in 2013 and the Chief Executive Officer at Isbank AG Hauptverwaltung in September 2013.

Yalcin Sezen

Mr. Yalcin Sezen has served as Deputy Chief Executive of Turkiye Is Bankasi Anonim Sirketi since April 13, 2011. He graduated from the Political Sciences and Public Administration Department of the Middle East Technical University (Bachelors), Faculty of Economics and Administrative Sciences in 1987. In the same year, he began his career at Isbank as an Assistant Inspector on the Board of Inspectors. He became an Assistant Manager in 1997 and a Unit Manager in 2001 at the Deposits and Banking Services Department. Mr. Sezen became the Manager of Retail Banking Marketing Department in 2005.

Sahismail Simsek

Mr. Sahismail Simsek has acted as Deputy Chief Executive of TURKIYE IS BANKASI ANONIM SIRKETI since November 28, 2017. He graduated from Ankara Universitesi, Faculty of Political Science, Department of Finance. He joined Isbank as a Candidate Officer at Yenisehir/Ankara in 1992, and served as a Section Head, Sub-Manager and Assistant Manager in Sultanhamam branch between 1995-2007. He served as an Assistant Manager and Unit Manager at Commercial Banking Product Division between 2007-2012, and Manager of Avcilar Commercial Branch between 2012-2016. He was appointed as the Head of Commercial Banking Sales Division in 2016.

Gamze Yalcin

Ms. Gamze Yalcin has acted as Deputy Chief Executive of TURKIYE IS BANKASI ANONIM SIRKETI since November 28, 2017. Ms. Gamze Yalcin graduated from the Economics Department of the Middle East Technical University, Faculty of Economic and Administrative Sciences in 1992. She also holds a master’s degree in International Banking and Finance from the University of Birmingham in UK. She attended Advanced Management Program in Harvard Business School in 2017. She joined Isbank as an Assistant Specialist in 1993. After serving in Organization and Accounting Divisions, she was appointed as an Assistant Manager in Risk Management Division in 2002. After serving as a Unit Manager, she was appointed as the Head of Risk Management Division in 2011.

Ergun Yorulmaz

Mr. Ergun Yorulmaz has served as Deputy Chief Executive of Turkiye Is Bankasi Anonim Sirketi since December 27, 2013. He graduated from Marketing Department of Ataturk Universitesi, Faculty of Administrative Sciences. He joined Isbank as a Candidate Officer at Arapcamii Branch in 1983. He was appointed to Kayseri Branch as an Assistant Manager in 1993 and served as the Manager of Kastamonu, Çorum, Gaziantep and Sivas Branches between 1994-2004 and became the Regional Manager at Southeast Region in 2004 and Eagean II. Region in 2006. Mr. Yorulmaz became the Head of Retail Loans Monitoring & Recovery Division in 2008.

Fusun Tumsavas

Ms. Fusun Tumsavas has served as Vice Chairman of Turkiye Is Bankasi Anonim Sirketi since May 30, 2011. She is Chairman of the Risk Committee, Audit Committee and T.R.N.C. Internal Systems Committee since 30 May 2011; as the Chairman of the Corporate Governance Committee since 27 February 2013, and as an alternate member of the Credit Committee since 4 April, 2017. She graduated from Ankara Universitesi, Faculty of Political Science, Department of Economics-Finance. She started her professional career at the Ankara Branch of the Central Bank of the Republic of Turkey in 1979. In 1981, she started to work at Isbank’s I. Loans Department as an Officer and subsequently became Assistant Section Head and Assistant Credit Specialist in the same department. She was appointed Assistant Manager in 1994 and Unit Manager in 1999 in the aforementioned department. She became the Head of Commercial Loans Department in 2004.

Mahmut Magemizoglu

Mr. Mahmut Magemizoglu has served as Senior Deputy Chief Executive of Turkiye Is Bankasi Anonim Sirketi since May 31, 2016. He graduated (Bachelors) from Business Administration Department of the Middle East Technical University, Faculty of Administrative Sciences. He also holds a master’s degree in Investment Analysis from the University of Stirling (UK). He began his professional career at Isbank in 1982 as Assistant Inspector of the Board of Inspectors and has served in various units at Isbank. He was appointed as Deputy Chief Executive on 18 May 2005.

Ertugrul Bozgedik

Mr. Ertugrul Bozgedik has served as Member of the Board of Turkiye Is Bankasi Anonim Sirketi since March 31, 2017. He has been Member of the Credit Committee of the Company since April 4, 2017. Prior, he was Deputy Chief Executive for Consumer-SME-Commercial-Corporate Loans Underwriting, Credit Portfolio Management, Financial Analysis of the Company. He graduated from the Economics Department of Ankara Universitesi, Faculty of Political Sciences. He began his career at Isbank in 1986 as an Assistant Inspector on the Board of Inspectors. He became an Assistant Manager at the Commercial and Corporate Loans Monitoring and Recovery Department in 1995, the Regional Manager at I. Loans Department in 1999. He became the Head of Corporate Loans Division in 2004 and the Chairman of the Board of Inspectors in 2008.

Feray Demir

Ms. Feray Demir has served as Member of the Board of Turkiye Is Bankasi Anonim Sirketi since March 25, 2016. She also serves as a member of the Corporate Social Responsibility Committee since 28 March 2016 and as member of the Credit Committee on 4 April 2017. She graduated from Business Administration Department (Bachelors) of the Faculty of Economics and Administrative Science of Anadolu Universitesi. She started her professional career as an Officer at Sefakoy / Istanbul Branch in 1988. She became an Assistant Section Head in 1990, a Section Head in 1995, a Sub-Manager in 1996 and an Assistant Manager in 1999 at the same branch and served at the same position in Commercial Loans Department and Corporate Marketing Department. She was appointed as Branch Manager to Carsi-Gunesli/Istanbul Branch in 2005 and served as Head of Commercial Banking Sales Department between 2007-2011. She served as Branch Manager of Istanbul Corporate Branch between 2011-2016.

Murat Karayalcin

Mr. Murat Karayalcin has acted as Member of the Board of TURKIYE IS BANKASI ANONIM SIRKETI since March 31, 2017. He graduated from Middle East Technical University English Preparatory School and Ankara Universitesi, Faculty of Political Science, Department of Economics-Finance, and he received his master’s degree in Development Economics from University of East Anglia in the United Kingdom. Mr. Karayalçin served as a Specialist at State Planning Organization between 1969-1978, Deputy Undersecretary at the Ministry of Rural Affairs between 1978-1979, General President at Kent Koop. between 1981-1991 and Central Association of Türkiye Kent Kooperatifleri between 1988-1993, and Board member at International Settlement Council between 1986-1987. Mr. Karayalçin served as Mayor of Ankara Metropolitan Municipality between 1989-1993, Chairman of Social Democratic People’s Party between 1993-1995, Deputy Prime Minister and Minister of State between 1993-1994 and Deputy Prime Minister and Minister of Foreign Affairs between 1994-1995. Mr. Karayalçin was elected as a member of parliament from Samsun for CHP in 1995 and served as the Chairman of Turkish Grand National Assembly Committee of Foreign Affairs between 1997-1999. He served as Istanbul Provincial Head of CHP between 2014-2015, as a member of the Party Council between 1999-2001 and 2012-2014, and served as the Chairman of Council at the 35th Ordinary Meeting held on January 2016. Mr. Karayalçin also continues his academic career as faculty member at Girne American University and T.C. Istanbul Kültür University.

Ozcal Korkmaz

Mr. Ozcal Korkmaz has served as Member of the Board of TURKIYE IS BANKASI ANONIM SIRKETI since March 31, 2017. He has been Member of the Corporate Governance Committee since April 4, 2017. He graduated from Istanbul Universitesi, Department of Economics. Mr. Korkmaz started his career at National Productivity Center in 1970, served as Assistant Account Expert at the Ministry of Finance between 1972-1975, as Account Expert between 1975-1980 and as Senior Account Expert between 1980-1985. Afterwards, Mr. Korkmaz served as Deputy Assistant Treasurer of Ankara between 1985-1987 and as Treasurer of Ankara between 1987-1989. Between 1989-1994, Mr. Korkmaz served as General Manager and Chairman of the Board of Directors of T.C. Government Retirement Fund and retired in 1994. He served as the Chairman of the Board of Directors of Bagimsiz Denetim ve Danismanlik A.S. between 2009-2015, and continues his work as a Certified Public Accountant since 1994.

Ersin Onder Ciftcioglu

Mr. Ersin Onder Ciftcioglu has served as Director of TURKIYE IS BANKASI ANONIM SIRKETI since March 31, 2017. He has been Member of the Corporate Governance Committee since April 4, 2017. He graduated from Hacettepe University, Faculty of Social and Administrative Sciences, Department of English Linguistics. Mr. Ciftcioglu began his career at Isbank as an Officer in Yenisehir/Ankara Branch in 1985, and was appointed as an Assistant Section Head, Section Head, Sub-Manager and Assistant Manager in the same branch. In 2007, he was appointed as Assistant Manager at the Baskent Corporate/Ankara Branch, and Regional Manager of SME Loans Underwriting Division of Adana Region in the same year, and subsequently served as Ankara Center I. Region Manager. He was appointed as Ege Corporate/Izmir Branch Manager in 2011 and Baskent Corporate/Ankara Branch in 2016.

Muslim Sari

Mr. Muslim Sari has acted as Member of the Board of TURKIYE IS BANKASI ANONIM SIRKETI since March 31, 2018. He has been Member of the CSR Responsibility Committee since April 4, 2017. He graduated at Ankara Universitesi in Political Sciences, Public Administration and Political Science Department. Mr. Sari served as an Officer at Central Bank of the Republic of Turkey Directorate General for External Relations between 1999-2002 and as an Assistant Specialist between 2002-2005. Mr. Sari continued his career at the Risk Center of Central Bank of the Republic of Turkey as a Specialist between 2005-2011. Mr. Sari elected as a member of parliament from Istanbul for CHP in 2011 and served at the Turkish Grand National Assembly Planning and Budgeting Commission until 2015.

Rahmi Tureli

Mr. Rahmi Tureli has acted as Member of the Board of TURKIYE IS BANKASI ANONIM SIRKETI since March 31, 2017. He has been Member of the Social Responsibility Committee since April 4, 2017. He graduated from Ankara Universitesi, Faculty of Political Science, Department of Finance and received his master’s degree in Economics from University of Southern California. Mr. Türeli held positions as Intern National Estate Controller at the Ministry of Finance between 1990-1993 and as Assistant Planning Specialist and Planning Specialist at the Prime Ministry State Planning Organization between 1993-2011. Türeli also worked as a part time instructor on economics at the Middle East Technical University between 2002-2010. Mr. Türeli was elected as a member of parliament from Izmir for CHP in 2011 and served at the Turkish Grand National Assembly Planning and Budgeting Commission as a member and as CHP group speaker until 2015. Mr. Türeli has published articles and academic work on the macroeconomic balances of the Turkish economy, economic crises, industrialization, unemployment and poverty.

Turkay Berksoy

Prof. Dr. Turkay Berksoy has served as Independent Member of the Board of Turkiye Is Bankasi Anonim Sirketi since March 31, 2015. In addition, he continues his duties as the member of the Audit Committee, T.R.N.C. Internal Systems Committee, Corporate Governance Committee, Remuneration Committee since 31 March 2014. He graduated from Istanbul Academy of Economic and Commercial Sciences of Istanbul Universitesi. Subsequently, he completed his master’s degree at Bogazici Universitesi (masters economics 1977), and obtained his doctorate in Finance from Marmara Universitesi in 1982. He worked as faculty member and assumed administrative posts at various universities in Turkey, and worked as visiting lecturer at University of East Anglia School of Development Studies. He currently serves as faculty member and head of the Finance Department at Marmara University, Faculty of Economics. He, who is a chartered accountant, served as Chairman of the Board at the Finance Research Center at Marmara University, Faculty of Economics and Administrative Science. In addition to his post at the university, he served as adviser in some banks; Auditor on the Board of Isbank; member of the Board of the Tax Reform Commission, The Union of Chambers and Commodity Exchanges of Turkey Private Specialization Commission, Gunes Hayat Sigorta A.S., Petkim A.S., Atakoy Otelcilik A.S., Turkiye Maritime Facilities Inc. and Pasabahce Cam Sanayi ve Ticaret A.S.; member of the Ministry of Finance Tax Council; and independent member of the Board at Anadolu Anonim Turk Sigorta Sirketi, Trakya Cam Sanayii A.S. and Turkiye Sise ve Cam Fabrikalari A.S.