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MANAGEMENT AND CORPORATE GOVERNANCE PRACTICES
COMMITTEES
Audit Committee
The Committee consists of four members of the Board of Directors with no executive duties.
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:
• Abdurauf Ibrahim SHNEBA, Chairman, Member of the Board of Directors
• Ahmed Mohamed M. BENBARKA, Member, Deputy Chairman of the Board of Directors
• Ömer Muzaffer BAKTIR, Member, Member of the Board of Directors
• Kemal ŞAHİN, 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.
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:
• Ömer Muzaffer BAKTIR, Chairman, Member of the Board of Directors
• Abdulhakim Ali Emhemed KHAMAG, Member, Member of the Board of Directors and General Manager
• Abdulfatah A. ENAAMI, Member, Member of the Board of Directors
• Fikret Utku ÖZDEMİR, Member, Member of the Board of Directors
• Abdurauf Ibrahim SHNEBA, Associate Member, Member of the Board of Directors
• Ahmed Mohamed M. BENBARKA, Associate Member, Deputy Chairman 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.
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
• Abdulhakim A. KHAMAG, Member, Member of the Board of Directors and General Manager
• Kemal ŞAHİN, Member, Member of the Board of Directors
• Ahmed Mohamed M. BENBARKA, Member, Deputy Chairman of the Board of Directors
• Salih HATİPOĞLU, Member, Assistant General Manager of Financial Management and Planning Division
• A. Ceyda ŞEMS, Member, Director of Business Support Division
Compensation Committee
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.
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.