Basic HTML Version
84
14. Ethical Rules and Social Responsibility
Pursuant to its objectives of protecting stability
and reliability in the banking sector by preventing
unfair competition, improving service quality
and maintaining the reputation of the banking
profession before the public, the Board of
Directors adopted the Bank’s Banking Ethical
Rules, issued by the Banks Association of Turkey
with Board resolution numbered 74205, dated
February 16, 2006, and the Bank has undertaken
to comply with these rules. This resolution was
approved by the General Assembly held on March
31, 2006.
Business Ethics in Banking (Code of Ethics) is
available in Turkish and English on the Bank’s
website.
Assuring to comply with the Business Ethics in
Banking, VakıfBank has adopted the principle of
contributing to social life at the maximum level.
In line with the influence of the “foundation
heritage” in its roots and the image of
“Compassionate Bank”, the Bank carried out
important projects in the fields of sponsorship and
social responsibility also in 2013. Contribution was
given to a wide range of activities of education,
sports, culture and arts publishing, international
organizations and social responsibility projects.
Within this scope; in the project developed
with the “Foundation for the Training and
Protection of Mentally Handicapped Children”
(ZİÇEV) “VakıfBank ZİÇEV Boarding House and
Rehabilitation Center for Mentally Handicapped
Children” (began to be constructed in 2012)
started giving services in 2013. Having the
educational and medical equipment necessary
for the treatment and rehabilitation of mentally
handicapped children, this center also provides
an important service for the families with its
boarding facility.
Being supported by the Bank for 27 years,
VakıfBank Volleyball Women’s Team broke an
outstanding record in 2013 by winning the Turkish
League, Turkish Cup, Turkish Super Cup, European
Within this scope, efforts are made to increase
the corporate (employee) loyalty, and to create
an organization where activities are carried out
adopting the corporate culture.
Bank staff works in accordance with the provisions
of private law, and is recruited in conformity
with the provisions of the Labor Law n.4857
currently in effect. Bank personnel is “Turkish
Bank and Insurance Company Employees Union”
(BASS) member, and thus working conditions
the personnel are determined with the collective
bargaining agreements between the Bank and
the union. Currently, CBA for the 21st Period
between 05.01.2013 and 04.30.2015 is in effect.
Relations between the employees and
employers are carried out by the directors and
representatives of the abovementioned unions.
The union representatives forward the requests
and complaints of the employees of the Bank
about working conditions, personal rights, duties
and responsibilities to the employers and monitor
the process. Until today, there has not been
any complaint from the employees about any
discrimination issues. The names, surnames and
duties of the directors of the abovementioned
unions are given below.
Name & Surname
Position
Turgut Yılmaz
President
Mustafa Eren
Secretary General
Salih Kalfa
Secretary General-Finance
CHAPTER IV - BOARD OF DIRECTORS
15. Structure and Formation of the Board of Directors
Name & Surname
Position
Start Date of Position
Ramazan GÜNDÜZ
Chairman Board Member (C)
29.03.2013
06.04.2009
Mehmet Emin ÖZCAN
Board Member (A)
Deputy Chairman
Credit Committee Member
29.03.2013
29.03.2013
05.04.2013
Halil AYDOĞAN
General Manager
Executive Board Member-
Ordinary Member
29.03.2013
İsmail ALPTEKİN
Board Member (A)-Independent
Remuneration Committee
Corporate Governance Committee Member
06.04.2009
03.01.2013
07.04.2009
Halim KANATCI
Board Member (A)
Credit Committee Member
Corporate Governance Committee Member
28.04.2009
03.01.2013
17.12.2013
Dr. Adnan ERTEM
Board Member (A)
Remuneration Committee
28.10.2010
06.04.2012
Sadık TILTAK
Board Member (C)- Independent
Audit Committee Member
Audit Committee Substitute Member
30.03.2012
05.04.2013
05.04.2013
Ali Fuat TAŞKESENLİOĞLU
Board Member (D)- Independent
Audit Committee Member
Audit Committee Substitute Member
30.03.2012
06.04.2012
17.12.2013
AUDITORS
Mehmet HALTAŞ
Audit Board Member (A)
19.03.2010
Yunus ARINCI
Audit Board Member (C)
19.03.2010
is an executive Board Member.
Champions’ League and World Championship,
succeeding to win all of the 69 matches from May
2012 till the end of 2013. In addition, the Club
continues to give the largest number of players
to national teams in all age categories while
the Banka continues to be the main sponsor of
National Volleyball A, Juniors and Stars.
Maintaining its culture and arts activities in 2013,
as well, VakıfBank continued to host artists and
art enthusiasts at the foyer (lobby) areas in the
Head Office departments in Istanbul and Ankara.
Moreover, Turkish Folk Music and Turkish Classical
Music choruses continued to contribute to culture
and arts life with the concerts they gave.
Just like the previous years, VakıfBank continued
to support the projects that were in line with
its communication, sponsorship and social
responsibility strategy throughout 2013, as well.
Corporate Governance Principles Compliance Report