CREDIT COMMITTEE

Composed of the Bank’s General Manager and at least two members to be elected from the Board of Directors who fulfill the requirements for the General Manager (except time); the Credit Committee is established to perform the duties regarding credits, which will be granted by the Board of Directors. Two alternate members are elected among the Board members who fulfill the requirements for the General Manager (except time) to serve in place of a member of the Credit Committee who cannot participate in any meeting. The Board may delegate its powers for the credit allocation to the Credit Committee or to the General Directorate.

Members
Taner Aksel
Member of the Board

Hasan Dursun
Member of the Board

Alternate Members
Ahmet Buçukoğlu
Member of the Board

The Credit Committee took 135 decisions in 14 meetings held in 2020.

AUDIT COMMITTEE

The Board of Directors appoints at least two members of the Board who do not have executive responsibilities and whose qualifications are determined by the Banking Regulation and Supervision Agency (BRSA) to form the Audit Committee to assist the fulfillment of the Board’s audit and supervision activities.

Members
Fikrettin Aksu
Member of the Board

Ahmet Buçukoğlu
Member of the Board

The Audit Committee took 26 decisions in 14 meetings held in 2020.

CORPORATE GOVERNANCE COMMITTEE

The Corporate Governance Committee is formed under the Presidency of a member of the Board who will be determined by the Board of Directors. The main task of the committee is to monitor the compliance of the Bank’s corporate governance principles, to carry out improvement activities in this regard and to provide recommendations to the Board of Directors.

Members
Fikrettin Aksu
Member of the Board and Chairman of the Corporate Governance Committee

Hasan Dursun
Member of the Board

The Corporate Governance Committee did not hold a meeting in 2020.

REMUNERATION COMMITTEE

The Corporate Governance Committee consists of at least two members who will be determined by the Board of Directors. The Committee monitors and audits remuneration practices on behalf of the Board of Directors. In addition, the Committee performs the tasks specified in the relevant regulations issued by the Banking Regulation and Supervision Agency (BRSA).

Members
Metin Özdemir
Member of the Board and CEO

Taner Aksel
Member of the Board

The Remuneration Committee took 1 decision in 1 meeting held in 2020.

Number of Board Meetings

The Board of Directors took 140 decisions in 27 meetings held in 2020.