VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 129 CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES NOTES TO THE UNCONSOLIDATED FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED DECEMBER 31, 2018 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) It is stated in the 6th paragraph of the 4th sub-article of the related article that “In the act of the application to the Bank within the hundred and twenty days after the effective date of the cabinet decree, by the shareholders of the stocks that are owned by the appendant foundations among the Group B stocks of the Bank, and the stocks that are owned by the other natural and legal persons among the Group C stocks of the Bank, the dependent minister of the Undersecretariat of Treasury has the authority to transfer the stocks over their per share value, that is stated the for the fund, by the Council of Ministers”. It is stated in the 6th paragraph of the 5th sub-article of the related article that “The stocks that are transferred to the Treasury, are represented and managed by the dependent Minister of the Undersecretariat of Treasury”. With the mentioned provisional article, the ownership of the stocks which are represented and managed by the T.C General Directorate for Foundations will be transferred to the Republic of Turkey Ministry of Treasury and Finance. III. INFORMATION ON THE CHAIRMAN AND MEMBERS OF THE BOARD OF DIRECTORS, AUDIT COMMITTEE MEMBERS, GENERAL MANAGER, ASSISTANT GENERAL MANAGERS AND THEIR SHARES IN THE BANK Name and Surname Responsibility Date of Appointment Education Experience in Banking and Management Board of Directors Doç.Dr.Şahap KAVCIOĞLU Deputy Chairman August 13, 2018 PhD 24 years Mehmet Emin ÖZCAN Member - General Manager June 9, 2017 Bachelor’s 35 years Dr.Adnan ERTEM Member October 28, 2010 PhD 30 years Şahin UĞUR Member June 9, 2017 Bachelor’s 32 years Serdar TUNÇBİLEK Member June 9, 2017 Bachelor’s 32 years Dilek YÜKSEL Member 29 March, 2016 Bachelor’s 6 years Ömer ARISOY Member June 9, 2017 Bachelor’s 18 years Dr.Cemil Ragıp ERTEM Member August 13, 2018 PhD 20 years Audit Committee Doç.Dr.Şahap KAVCIOĞLU Member August 14, 2018 PhD 24 years Serdar TUNÇBİLEK Member June 15, 2017 Bachelor’s 32 years Auditor Yunus ARINCI Auditor March 19, 2010 Master’s 21 years Hasan TÜRE Auditor June 9, 2017 Bachelor’s 34 years Assistant General Managers Metin Recep ZAFER Banking Operations, Credit, Customer and Account Operations, Treasury Operations, Foreign Operations June 13, 2006 PhD 23 years Hasan ECESOY Treasury Management, International Banking and Investor Relations, Teeasury Management Middle Office June 18, 2010 PhD 25 years Muhammet Lütfü ÇELEBİ Retail Banking Marketing, Retail Banking Marketing Services, SME Banking October 23, 2013 Bachelor’s 24 years Mehmet Emin KARAAĞAÇ Chief Legal Counsellor, Legal Affairs, Credit Risk Liquidation November 8, 2013 Bachelor’s 30 years Yakup ŞİMŞEK Corporate Banking Marketing, Commercial Banking Marketing, Local Government Banking Marketing, Corporate Branches, Corporate Branches, Cash Management September 7, 2016 Bachelor’s 23 years H.Uğur BİLGİN Human Resources, Corporate Development and Academy, Real Estate and Purchasing August 1, 2017 Bachelor’s 32 years Şeyh Mehmet BOZ Application of Credit Policies and Processes, Loans Planning and Follow-up, Evaluation and Rating August 1, 2017 Master’s 24 years İlker YEŞİL Payments Systems Banking Marketing,Payment Systems, Digital Banking and Distribution Channels August 1, 2017 Bachelor’s 24 years Şuayyip İLBİLGİ Accounting and Financial Affairs, Strategy and Planning, Subsidiaries and Affiliates August 1, 2017 Bachelor’s 23 years Ersin ÖZOĞUZ Corporate Loans Allocation and Management, Commercial Loans Allocation, Retail Loans Allocation, SME and Local Government Loans Allocation August 1, 2017 Bachelor’s 23 years Abdi Serdar ÜSTÜNSALİH R&D and Digital Transformation, Core Banking Application Development Channel Management and Marketing Application Development, System Management,IT Operation and Support, IT Planning and Coordination July 5, 2018 Master’s 28 years Mikail HIDIR Credit Risk Planning and Monitoring December 26, 2018 Bachelor’s 15 years