Volcker Rule Oversight Committee

Volcker Rule Oversight Committee is an internal body established in scope of the “Volcker Rule Compliance Program” provisions. It is formed to evaluate the conformity status of Garanti Bank and its Subsidiaries' activities and Compliance Program to the Volcker Rule and to supervise the effectiveness of Volcker Rule Compliance Program.

Committee’s main roles and responsibilities are;

  • Provide the settlement of a sufficient Compliance culture,
  • Evaluate the conformity of the Volcker Rule Compliance Program to the Volcker Rule;
  • Assess declarations of compliance received from the subsidiaries, evaluate conformity of Garanti’s operations to the Volcker Rule; make decisions on this subject, and communicate the decision to the related committee of the BBVA Group;
  • Resolve the Volcker Rule related issues which are submitted to the Committee’s agenda,
  • Monitor necessities of document updates regarding the policies, procedures, regulations and take actions to ensure that they are updated.

Meeting Frequency: It meets at least 3 times a year or when necessary.
Number of Meetings in 2019: 2


Committee Members 

Member Title Committee Role
Dr. M. Cüneyt Sezgin Board Member Member
Recep Baştuğ CEO / Board Member President
Aydın Güler ALM, Capital, Investor Relations and Finance EVP Member
Aydın Düren Legal Services and Collection EVP Member
Ebru Dildar Edin Corporate and Investment Banking EVP Member
Reha Emekli   Member
Ali Temel Chief Credit Risk Officer Member
Osman B. Turgut Director of Internal Audit Member
Özlem Ernart Head of Risk Management Member
Emre Özbek Compliance SVP Member
Barış Karaayvaz Global Markets Trading SVP Member
Çağlar Kılıç Global Markets Business Solutions SVP Member
Metin Kılıç Assets & Liabilities Management SVP Member
Berna Avdan Legal Advisory Services - Legal Counsel Member
Hakan Özdemir Financial Reporting and Accounting SVP Member
Barış Gülcan Internal Control SVP Member