Cost Management and Efficiency Committee
'The Cost Management Committee's mission is to support the local Steering Committee in order to control costs within the context of real revenue performance (operating efficiency) and to achieve savings against the budget by optimizing budget implementation over the course of the year.
The Committee is also responsible for:
- Determining the efficiency areas of the Bank and providing platform to discuss improvement areas,
- Informing committee members about cost developments and evaluating suggestions related to cost reduction,
- Providing a platform to discuss and making decisions related to new ideas and alternatives about efficient cost management by taking consideration into Bank's strategies,
- Approving expense or investment projects and proposals sponsored by their Units within the established limits of delegation,
- Clearing the corresponding budget allocations,
- Ensuring local or regional implementation of corporate models, standards and specifications,
- Monitoring the policies, procedures, regulations and similar documents under its responsibility with respect to necessary updates, and taking action to keep them up-to-date.
Meeting Frequency: The committee is held in two different groups: investment requests are evaluated on a quarterly committee, while efficiency projects are evaluated twice a year when needed.
Number of Meetings in 2019: 6
Committee Members
Recep Baştuğ |
CEO / Board Member |
Javier Bernal Dionis |
Board Member |
Aydın Güler |
Finance & Treasury EVP |
Didem Dinçer Başer |
Talent & Culture EVP |
Mahmut Akten |
Retail Banking EVP |
İlker Kuruöz |
Engineering & Data EVP |
Işıl Akdemir Evlioğlu |
Customer Solutions & Digital Banking EVP |
Ali Temel |
Chief Credit Risk Officer |
Ebru Dildar Edin |
Corporate, Investment Banking & Global Markets EVP |
Selahattin Güldü |
Commercial Banking EVP |
Cemal Onaran |
SME Banking EVP |
Aydın Düren |
Legal Services & Collection EVP |
Çağrı Süzer |
Garanti Payment Systems CEO |
Oğuz Acar |
Cost Management & Efficiency Director |
Tolga Haliler |
Organization & Process Development Director |
Sibel Kaya |
Talent & Culture Front Director |
Vahan Üçkardeş |
Financial Planning & Analysis Director |
Burçin Bıkmaz |
Strategic Planning & Responsible Business Director |