Cost Management and Efficiency Committee
Committee Officer: Yazgı Demiralp/ Sertaç Kanat
Type of Committee: Main Committees
Subcommittee Type: Orientation / Coordination
Committee's Aim / Responsibilities: 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:
- Proposals authorization for BAU spending, adjustments of budget ceilings and exceedance following the criteria defined in the Expense and Investment Management Internal regulation.
- Forum for Cost Managers to report on the evolution of the consolidated expenses propose initiatives for expenses optimization.
- This forum may define or submit efficiency measures to higher authorities and block or reallocate budget surpluses depending on efficiency performance.
Committee History: Established on January 2016.
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 (2023): 2 meetings were held. (February, December)
Number of Meetings (2024): 2 meetings are planned. (May, August)
Committee Members
Recep Baştuğ
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CEO / Board Member
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President
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Aydın Düren
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Board Member / Responsible for Legal Services
|
Member
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Aydın Güler
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Finance & Treasury EVP
|
Member
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Ceren Acer Kezik
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Retail Banking EVP
|
Member
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Mahmut Akten
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Corporate, Investment Banking & Global Markets EVP
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Member
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Tuba Köseoğlu Okçu
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Talent & Culture EVP
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Member
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İlker Kuruöz
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Engineering & Data EVP
|
Member
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Çağrı Süzer
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Payment Systems, Partnerships, Client Solutions and Digital Banking EVP
|
Member
|
Murat Atay
|
Chief Credit Risk Officer
|
Member
|
Cemal Onaran
|
Commercial Banking EVP
|
Member
|
Sibel Kaya
|
SME Banking EVP
|
Member
|
|
GOSAS_Payment Systems Responsible CEO /
Payment Systems & Partnership EVP
|
Member
|
Tolga Haliler
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Organization & Process Development Director*
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Participant Member
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İlke Badraslı Temel
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Talent & Culture Front Director*
|
Participant Member
|
Vahan Üçkardeş
|
Financial Planning and Analysis Director Director*
|
Participant Member
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Hatice Güler
|
Strategic Planning Director*
|
Participant Member
|
Yazgı Demiralp
|
Investment & Cost Management Director
|
Secretary
|
Sertaç Kanat
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Cost Analysis & Efficiency Manager
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Member / Secretary
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(*) Other committee participants. They are not standing committee members.