About Managing Board

The Managing Board

In 2007, our executive governance structure was revised to further embed governance best practice. The Managing Board is responsible for the aims, corporate strategy, policy and performance of CEB NV at consolidated level, and specifically at the Dutch N.V. level. The Managing Board controls and manages the Bank’s organizational structure and all risk
elements – group-wide. To this end, a Risk Management Committee and a Policy and Procedure Committee have been established. The Managing Board is further tasked with full and timely reporting to the Supervisory Board as a whole and to the ‘executive’ members of all information necessary to sound supervision. Moreover, the Managing Board oversees all CEB NV subsidiaries’ activities and provides guidance and advice to the respective Executive Boards. To further facilitate this role, the CEO of CEB NV participates/will participate in the supervisory or similar bodies of CEB NV entities.

Managing Board Accountabilities

Enver Murat Basbay, CEO

TC Beriker

Corporate Banking, Treasury, Internal Audit, Public Relations

Senol Aloglu, Deputy CEO

Bank Relations, Retail Banking, Operations (excluding risk), Security, IT

Umut Bayoglu, CFO

Group Financial Control, Group Risk Management (Pillar II, excluding concentration risk), Human Resources, Business Developement and Strategy

Yavuz Tayfun, CCRO

Credit, Group Risk Management (Pillar I and concentration risk), Compliance, Legal

Hamdi Arman, Global Head of Trade and Commodity Finance

Group wide responsible for trade and commodity Finance


The Managing Board is responsible for the development and pursuit of corporate strategy and the achievement of preestablished goals and targets. The Board is further responsible for the day-to-day management, including comprehensive risk management, control and regulatory compliance.

Annual Report

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