Corporate Assurance Committee
The objective of the Corporate Assurance Committee is to inform the senior management about the internal control issues that may pose an obstacle to the achievement of the goals of related business lines and/or our Bank due to their current or possible effects, and to secure necessary action by, and guidance from, the senior management for the solution of these issues. All internal control findings and issues that are considered to have priority given their impact upon the Bank or their urgency, including but not limited to those related first and foremost to compliance, financial reporting, risk management, operational risk, reputation risk, technology and fraud fall under the scope of the Committee’s activities. The Committee’s responsibilities are as follows:
- Ensure top-level coordination and maximum standardization for necessary improvements to the internal control system by focusing on critical risks and controls that needs top management’s monitoring,
- Discuss the internal control problems/issues on its agenda and under its responsibility, and evaluate proposed measures and actions,
- Monitor mitigation of risks to a desired level by reviewing the action plans,
- Ensure necessary coordination in case of the need for contribution from different units,Inform the Board of Directors about the main internal control problems.
In 2018, the Committee held four meetings.
M. Cüneyt Sezgin, PhD (Board Member), Ali Fuat Erbil (CEO, Board Member), Didem Dinçer Başer (EVP), Cemal Onaran (EVP), Selahattin Güldü (EVP), B. Ebru Edin (EVP), Osman Tüzün (EVP), İlker Kuruöz (EVP), Aydın Güler (EVP), Aydın Düren (EVP), Mahmut Akten (EVP), Ali Temel (Chief Credit Risk Officer)