As from March 1 2022, an Executive Committee (ExCo) has been established alongside the Managing Board to ensure clear and effective communication and discussions on the bank’s business and related organization and strategy, including non-commercial matters affecting the business, such as implementation of new laws and regulations. By including the ExCo in its organizational structure, the bank aims to further safeguard and enhance the commercial and client-facing roles at the executive level. The ExCo will also create more synergy and efficiency among the bank’s major business lines.

Composition

The ExCo con­sists of the three CEB Man­ag­ing Board mem­bers (i.e. Managing Board ExCo mem­bers) and the di­vi­sion di­rec­tors of CE­B’s three main busi­ness lines (i.e. non-Managing Board ExCo mem­bers), namely:

• Muammer Kayhan, Division Director – Corporate Banking
• Zeyno Davutoglu, Division Director – Bank Relations and Supply Chain Finance
• Besir Amcaoglu, Division Director – Retail Banking and Treasury

Tasks

The ExCo is pri­mar­ily a busi­ness plat­form in which the main busi­ness lines of the bank are rep­re­sented to­gether with the Man­ag­ing Board. Bi-weekly ExCo meet­ings are be­ing held to dis­cuss the bank’s busi­ness and re­lated or­ga­ni­za­tion and strat­egy. The non-Managing Board mem­bers of the ExCo func­tion­ally and hi­er­ar­chi­cally re­port to the CEO. The de­ci­sion-mak­ing power re­mains with the Man­ag­ing Board, but de­ci­sions can be adopted within both Man­ag­ing Board and ExCo meet­ings.

Along with the statutory ExCo members, the non-statutory members will participate in the quarterly Supervisory Board meetings to provide their business updates. Through these meetings and by way of regular informal updates and contacts, the Supervisory Board will remain well informed about the main focus areas of the ExCo and all related developments.

Click here for the cvs of the ExCo members.