Changes in Top Management and our Subsidiaries

Changes in Top Management and our Subsidiaries

The relevant boards of our Bank have resolved the changes in the Bank's Top Management and CEO positions of our certain subsidiaries. Such changes will be effective following the completion of necessary legal procedures and obtaining of legal approvals.

In this context, Selahattin Güldü, the Executive Vice President in charge of Commercial Banking, will be appointed as the CEO of our subsidiary Garanti Finansal Kiralama A.Ş. (Garanti BBVA Leasing). Cemal Onaran, the Executive Vice President currently in charge of SME Banking, shall assume these responsibilities and shall become the Executive Vice President in charge of Commercial Banking. Cemal Onaran will be replaced by Sibel Kaya who is currently the Director of Talent and Culture Department.

Ünal Gökmen, the current CEO of Garanti BBVA Leasing, will be leaving his position.

Furthermore, Ufuk Tandoğan, the current CEO of our Romanian subsidiary Garanti Bank S.A. will be leaving his position and replaced by Mustafa Tiftikçioğlu, the current Wholesale Risk Coordinator of our Bank.

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Turkiye Garanti Bankasi AS published this content on 18 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2021 16:59:08 UTC