Page 56 - A&T BANK ANNUAL REPORT 2012

GENERAL INFORMATION
CORPORATE MANAGEMENT
FINANCIAL INFORMATION
Audit Committee
The Committee consists of three members of the Board of
Directors with no executive duties. The members attended all
meetings during the year except for excused absences.
Responsibilities of the Committee
The Committee audits the adequacy and efficiency of internal
control, risk management and internal audit systems, as
well as the operation of these systems and of accounting and
reporting systems -pursuant to regulatory requirements- and
ensures the integrity of generated data. The Committee is also
responsible for performing preliminary preparations required
for the election of independent audit companies, and for
regularly tracking the activities of these companies. Moreover,
the Committee is responsible for ensuring that the internal
auditing functions of institutions subject to consolidation are
implemented in a secure and coordinated manner.
Committee Members:
Hasan Kimya BOLAT, Chairman, Member of the Board of Directors
Ömer Muzaffer BAKTIR, Member, Member of the Board of Directors
Abdurauf I. SHNEBA, Member, Member of the Board of Directors
Credit Committee
The Credit Committee is a sub-committee that works under
the Board of Directors. The Board of Directors has transferred
its authority to the Credit Committee provided that the
loans to be extended remain within the limits stated in the
Regulation on Credit Operations of Banks, and Article 51
entitled “Extending Loans” of the Banking Law. The members
of the Credit Committee attended all meetings during the
year except for excused absences.
Responsibilities of the Committee
The Committee evaluates and resolves the proposals
it receives from the General Management within the
boundaries of the authority bestowed upon it by the Board of
Directors.
Committee Members:
Osman ARSLAN, Chairman, Chairman of the Board of Directors
Sadek K.S. ABU HALLALA, Member, Member of the Board of
Directors and General Manager
Hasan Kimya BOLAT, Member, Member of the Board of Directors
Ömer Muzaffer BAKTIR, Member, Member of the Board of
Directors
Corporate Governance Committee
The Committee was established according to the provisions
of the Regulation on the Banks’ Corporate Governance
Principles, published in Official Gazette No. 26333, dated
November 1, 2006. The members of the Committee attended
all meetings during the year except for excused absences.
Responsibilities of the Committee
The Committee submits proposals to the Board of Directors
regarding improvement efforts by monitoring the Bank’s
compliance with Corporate Governance Principles.
Committee Members:
Osman ARSLAN, Chairman, Chairman of the Board of Directors
Sadek K.S. ABU HALLALA, Member, Member of the Board of
Directors and General Manager
Muzaffer Armağan SARAÇOĞLU, Member, Member of the Board
of Directors
Salih HATİPOĞLU, Member, Assistant General Manager, Financial
Management and Strategic Planning Division
Hakan TAT, Member, Director of Business Support Division
Compensation Commitee
The Committee was established in accordance with the
provisions of the regulation amending the Regulation on the
Banks’ Corporate Governance Principles, published in Official
Gazette No. 27959 dated June 9, 2011. The members of the
Committee attended all meetings during the year except for
excused absences.
Responsibilities of the Committee
The Committee is responsible for aligning compensation
policies with the Bank’s ethical principles, strategic targets
and internal balances, and for ensuring the effectiveness of
established compensation policies.
Committee Members:
Osman ARSLAN, Chairman, Chairman of the Board of Directors
Abdulfatah A. ENAAMİ, Member, Member of the Board of
Directors
Muzaffer Armağan SARAÇOĞLU, Member, Member of the Board
of Directors
Hakan TAT, Member, Director of the Business Support Division
COMMITTEES