89
Financial Information and Risk Management
Türkiye İş Bankası A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2015
SECTION ONE: GENERAL INFORMATION ABOUT THE BANK
I. Explanations on the Establishment Date and Initial Status of the Bank, History Including the Changes in the Former Status
TÜRKİYE İŞ BANKASI A.Ş. (“the Bank”) was established on 26 August 1924 to operate in all kinds of banking activities and to initiate and/or participate in all kinds of financial and
industrial sector undertakings when necessary. There is no change in the Bank’s status since its establishment.
II. Explanations on the Capital Structure, Shareholders who Directly or Indirectly, Solely or Jointly Undertake the Management and Control of the Bank, any
Changes in the Period, and Information on the Bank’s Risk Group
As at 31 December 2015, 40.15% of the Bank’s shares are owned by T. İş Bankası A.Ş. Supplementary Pension Fund (Fund), 28.09% are owned by the Republican People’s Party- CHP
(Atatürk’s shares) and 31.76% are on free float (31 December 2014: Fund 40.15%, CHP 28.09%, Free float 31.76%).
III. Explanations on the Chairman’s, Directors’, Auditors’, Chief Executive Officer’s and Deputy Chief Executives’ Shares, if any, and the Areas of their
Responsibility at the Bank
Board of Directors:
Name and Surname Areas of Responsibility
H. Ersin Özince
Chairman of the Board and the Remuneration Committee
Füsun Tümsavaş
Deputy Chairman, Audit Committee, TRNC Internal Systems Committee and the Risk Committee, Chairman of the Corporate Governance Committee, Member
of the Credit Committee
Adnan Bali
Chief Executive Officer and Director, Chairman of the Credit Committee, Member of the Risk Committee, Chairman of the Executive Committee, Chairman of
the Human Resources Committee
Hasan Koçhan
Director, Member of the Credit Committee
Mustafa Kıcalıoğlu Director
Aysel Tacer
Director, Member of the Corporate Social Responsibility Committee, Alternate Member of the Credit Committee
Hüseyin Yalçın
Director
Murat Vulkan
Director
Prof. Dr. Turkay Berksoy
Director, Audit Committee, TRNC Internal Systems Committee, Remuneration Committee and Corporate Governance Committee, Alternate Member of the
Credit Committee
Kemal Meral
Director
Ulaş Moğultay
Director, Member of Corporate Social Responsibility Committee
Chief Executive Officer and Deputy Chief Executives:
Name and Surname
Areas of Responsibility
Adnan Bali
Chief Executive Officer and Director, Chairman of the Credit Committee, Member of the Risk Committee, Chairman of Executive Committee, Chairman of the
Human Resources Committee
Mahmut Magemizoğlu Financial Management, Investor Relations, Managerial Reporting and Internal Accounting, Member of the Risk Committee
Suat İnce
Corporate and Commercial Banking Marketing, Sales and Product Management, SME and Business Banking Sales, Free Zone Branches
Hakan Aran
Digital Banking, Information Technology Management, Data Management
Levent Korba
Banking Operations, Retail Loan and Card Operations, Support Services and Purchasing, Foreign Trade and Commercial Loan Operations, Internal Operations
Management, Construction and Real Estate Management, Branch Network Development
Ertuğrul Bozgedik
Corporate Loans, SME Loans, Commercial Loans and Consumer Loans Underwriting, Loans Portfolio Management, Member of the Risk Committee
Yalçın Sezen
Consumer Loans, Card Payment Systems, Retail Banking Marketing, Sales and Product Management, Private Banking Marketing and Sale Management,
Member of the Corporate Social Responsibility Committee
Rıza İhsan Kutlusoy
Human Resources, Enterprise Architecture, Strategy and Corporate Performance Management and Talent Management, Coordination of Consumer Relations
Officer
Senar Akkuş
Treasury Management, Corporate Communication Management, Corporate Social Responsibility Committee Member of the Risk Committee
İlhami Koç
Associates, Cross-Border Banking and Foreign Subsidiaries, Branches and Representative Offices, Capital Markets Management and the Risk Committee
(1)
Yılmaz Ertürk
Economic Research, International Financial Institutions
Ergün Yorulmaz
Commercial Banking, Retail Banking and General Legal Counsellorship, Financial Analysis, Commercial and Corporate Loans and Retail Loans Monitoring and
Recovery Management
(*)
İlhami Koç participates in the meetings of the Risk Committee on a consolidated basis.
The Bank’s shares attributable to the Directors and members of the Audit Committee, to the CEO and the Deputy Chief Executives are of minor importance.
IV. Information on the Bank’s Qualified Shareholders
Name Surname/Company
Shares
Ownership
Paid-in Capital
Unpaid Capital
T. İş Bankası A.Ş. Mensupları Munzam Sosyal Güvenlik ve Yardımlaşma Sandığı Vakfı (İşbank
Members’ Supplementary Pension Fund)
1,806,553
40.15%
1,806,553
Cumhuriyet Halk Partisi – Republican People’s Party -(Atatürk’s Shares)
1,264,142
28.09%
1,264,142
V. Summary Information on the Bank’s Functions and Business Lines
In line with the relevant legislation and principles stated in the Articles of Incorporation of the Bank, the Bank’s activities include operating in retail, commercial, corporate and private
banking, foreign currency and money market operations, marketable securities operations, international banking services and other banking operations, as well as initiating or
participating in all kinds of financial and industrial sector corporations as may be required.
VI. Existing or Potential, Actual or Legal Obstacles on the Transfer of Shareholders’ Equity between the Bank and its Subsidiaries or the Reimbursement of
Liabilities
None.
VII. Written Policies on Assessment of Ensuring Compliance on Market Discipline, Disclosure Obligations, Frequency and Accuracy of the Related Disclosures
The Bank has written policies on assessment of ensuring compliance on market discipline, disclosure obligations, frequency and accuracy of related disclosures. The mentioned
policies which are agreed by Board of Directors’ can be obtained from the Bank’s website.
