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: The Committee meets at least 3 times a year or as often as necessary.
Number of Meetings in 2019: 3

Committee Members 

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