Board of Directors

Strong and prestigious brand with its competent managementStrong and prestigious brand with its competent management

Meet the Board of Directors of Garanti

Ferit Faik Şahenk

Chairman

Ferit F. Şahenk is the Chairman of Doğuş Group and also the Chairman of Garanti Bank. Formerly, he served as the founder and Vice President of Garanti Securities, CEO of Doğuş Holding and Chairman of Doğuş Otomotiv. Mr. Şahenk is an Executive Board Member of the Foreign Economic Relations Board (DEİK) of Turkey. Following his term as the Chairman of the Turkish-American Business Council of DEİK, he is currently chairing the Turkish-German Business Council and serving as Vice-Chairman of Turkish-United Arab Emirates Business Council of DEİK. Mr. Şahenk is an active member of the World Economic Forum and the Alliance of Civilizations Initiative. He serves on the Regional Executive Board of Massachusetts Institute of Technology (MIT) Sloan School of Management for Europe, Middle East, South Asia and Africa; Advisory Board of the Middle East Centre of London School of Economics; and Executive Board of Endeavor Turkey. Mr. Şahenk holds a Bachelor's degree in Marketing and Human Resources from Boston College. He has been serving as Chairman of Garanti Bank since April 18, 2001. Ferit  F. Şahenk holds Chairman of the Board and Vice Chairman responsibilities in various other affiliates of Doğuş Holding.

Süleyman Sözen

Vice Chairman

Mr. Süleyman Sözen is a graduate of Ankara University Faculty of Political Sciences and has worked as a Chief Auditor at the Ministry of Finance and the Undersecretariat of Treasury. Since 1981, he has held various positions in the private sector, mainly in financial institutions. Mr. Sözen holds a Certified Public Accountant license. Having served on the Board of Directors of Garanti Bank since 1997, Sözen was appointed as Vice Chairman on July 08, 2003. He serves also in subsidiaries of Garanti as the Chairman of the Board of Garanti Bank International N.V. and Garanti Bank Moscow. Sözen holds Chairman of the Board and Vice Chairman responsibilities in various other affiliates of Doğuş Holding.

Ahmet Kamil Esirtgen, Ph.D.

Board Member

After graduating from Istanbul University Faculty of Economics, Mr. Ahmet Kamil Esirtgen earned his MBA from Stanford Graduate School of Business and his Ph.D. from Istanbul University School of Business Administration. He worked at various private sector companies after concluding his academic career in 1975. In 1987, he joined Doğuş Group as Finance Group President. He currently serves as an Executive and a Board Member in Doğuş Group, as well as other private sector companies. He has been serving as Board Member of Garanti Bank since March 19, 1992. 

Ergun Özen

Board Member, President & CEO

Ergun Özen earned a BA in Economics from New York State University and is a graduate of the Advanced Management Program at Harvard Business School. He joined Garanti in 1992, where he has been serving as President, CEO and Board Member since April 1, 2000. He is also a Board Member of Garanti Securities, Garanti Asset Management, Garanti Pension and Life, Garanti Factoring, Garanti Leasing, Garanti Payment Systems, Garanti Technology, Garanti Bank SA (Romania) and Garanti Bank Moscow. In addition, Ergun Özen also serves as Chairman of the Board of Teachers Academy Foundation and Board Member in The Banks Association of Turkey, The Turkish Industrialists’ and Businessmen’s Association (TUSIAD), The Istanbul Foundation for Culture and Arts (IKSV) and Turkish Education Association. He has been serving as Board Member of Garanti Bank since May 14, 2003.

M. Cüneyt Sezgin, Ph.D. 

Independent Board Member

M. Cüneyt Sezgin received his undergraduate degree from Middle East Technical University Department of Business Administration, his MBA from Western Michigan University and his Ph.D. from Istanbul University Faculty of Economics. He served in executive positions at several private banks. In year 2001, Dr. Sezgin joined Garanti Bank. He is a Board and Audit Committee Member, also Board Member at Garanti Bank SA (Romania), Garanti Pension and Life, Garanti Factoring, Garanti Leasing, Garanti Fleet Management, Garanti Asset Management, Garanti Securities and Corporate Volunteer Association-Turkey. Cüneyt Sezgin has been serving as Board Member of Garanti Bank since June 30, 2004, and since April 30, 2013, as Independent Board Member of Garanti Bank, his new title in accordance with the requirements of the relevant new regulation of Capital Markets Board of Turkey.

Angel Cano Fernández

Board Member

Mr. Cano Fernández has a degree in Economics and Business from Oviedo University. He joined Argentaria in 1991, as an Assistant Controller, mainly responsible for the development of all the accounting functions. In 1998, he was appointed Controller and Member of the Executive Committee. Between 2001 and 2003, Mr. Cano Fernández held the position of Chief Financial Officer of BBVA. In 2005, Mr. Cano Fernández takes the lead of Technology of the BBVA Group and becomes Head of Human Resources and Information Technology and in 2006, he became responsible of the Global Transformation of the BBVA Group. Since 2009, he is the President & COO of BBVA. He has been serving as Board Member of Garanti Bank since March 22, 2011.

Jaime Saenz de Tejada Pulido

Board Member

Mr. Jaime Saenz de Tejada Pulido holds undergraduate degrees from Universidad Pontificia Comillas (ICADE) in Economics and Business as well as in Law from the same university. He has worked at various private sector corporations. Mr. Saenz de Tejada Pulido joined BBVA in 1998 and is currently the CFO at BBVA. He has been serving as Board Member of Garanti Bank since October 2, 2014.

Manuel Castro Aladro

Board Member

After graduating from Universidad Pontificia Comillas (ICADE) in Economics and Business, Mr. Castro Aladro received an MBA from University of Chicago Graduate School of Business. After working as an executive at various private companies and banks, he joined BBVA in 1992. Between 2003 and 2009 he was the Head of Business Development and Innovation. He is currently the Head of Global Risk Management and a member of the Executive Committee of BBVA. He has been serving as Board Member of Garanti Bank since March 22, 2011.

Manuel Galatas Sanchez-Harguindey

Independent Board Member

Mr. Manuel Galatas Sanchez-Harguindey has a degree in Business Administration and International Finance from Georgetown University. After working as an executive at various private corporations, he joined Argentaria (today BBVA) in 1994. Before joining Garanti, he was based in Hong Kong as the General Manager in charge of all BBVA Branches and Representative Offices in Asia/Pacific. He is now both Board Member and Audit Committee Member of Garanti Bank Turkey and General Manager of BBVA Turkey Representative Office based in Garanti Bank Headquarters in Istanbul. He is also a Board Member at Garanti Bank SA (Romania), Garanti Bank Moscow, Garanti Bank International N.V., Garanti Securities, Garanti Asset Management, Garanti Pension and Life, Garanti Factoring, Garanti Leasing, Garanti Payment Systems and Garanti Fleet Management. He has been serving as Board Member of Garanti Bank since May 5, 2011, and since April 30, 2013, as Independent Board Member of Garanti Bank, his new title in accordance with the requirements of the relevant new regulation of Capital Markets Board of Turkey.

Sema Yurdum

Independent Board Member

Ms. Sema Yurdum graduated from Boğaziçi University, Faculty of Administrative Sciences in 1979 and completed Advanced Management Program in Harvard Business School for senior managers in 2000. After working in a private sector company as a human resources expert, she had her career in banking sector between 1980-2005. She worked as an Executive Vice President of Garanti Bank and held audit committee membership in various subsidiaries between 1992-2005. Ms. Yurdum has been engaged in senior consultancy services for companies since 2006. She has been serving as Independent Board Member of Garanti Bank since April 30, 2013.

IR Calendar

  • 27 October 14Garanti Bank 9M14 Financial Results
  • 30 September 14-01 October 14BofAM Merrill Lynch 19th Annual Banking & Insurance CEO Conference - London
  • 12 September 14BGC Partners Investor Conference-London

Help and AdviceHelp and Advice

  • Who are the members of the Board of Directors?

    The members of the Garanti Bank Board of Directors are Ferit Faik Şahenk (Chairman), Süleyman Sözen (Vice Chairman), Ahmet Kamil Esirtgen, PhD Ergun Özen, M. Cüneyt Sezgin, PhD, Angel Cano Fernandez, Carlos Torres Vila, Manuel Pedro Galatas Sanchez-Harguindey, Manuel Castro Aladro Find out more

  • What is the ownership structure of Garanti Bank?

    Garanti is jointly controlled by two powerful companies, Doğuş Holding and Banco Bilbao Vizcaya Argentaria (BBVA), under the principle of equal partnership Find out more

  • Exchanges that Garanti Bank’s shares traded and the percentage of publicly traded shares.

    Garanti's shares are traded on the İstanbul Stock Exchange (ISE) under the ticker symbol "GARAN". The shares are also quoted on the London Stock Exchange Main Market. Find out more

  • What are the main subsidiaries of the Bank?

    Garantibank International N.V, Garanti Bank S.A., Garantibank Moscow, Garanti Securities, Garanti Asset Management, Garanti Leasing, Garanti Factoring, Garanti Pension and Life, Garantİ Payment Systems, Garanti Mortgage, Garanti Technology Find out more