BOARD OF DIRECTORS

Doğuş Group is under professional management with emphasis and priority on corporate governance principles. The Group maintains equal distance to all shareholders and adheres to ethical standards in all areas of operation.
FERİT F. ŞAHENK – Chairman & CEO

Ferit F. Şahenk is the Chairman of Doğuş Group and also the Honorary President of Garanti Bank. Formerly, he served as the founder and Vice President of Garanti Securities, CEO of Doğuş Holding, Chairman of Doğuş Otomotiv and Chairman of Garanti Bank. Mr. Şahenk is a Board Member of the Foreign Economic Relations Board (DEİK) of Turkey. Previously, he served as the Chairman of the Turkish-German Business Council; the Chairman of the Turkish-American Business Council; Vice Chairman of Turkish-United Arab Emirates Business Council and Executive Board Member of Turkish-Greek Business Council of DEİK. Mr. Şahenk is an active member of the World Economic Forum and the Alliance of Civilizations Initiative. He serves on the Regional Executive Board of Massachusetts Institute of Technology (MIT) Sloan School of Management for Europe, Middle East, South Asia and Africa. Mr. Şahenk holds a Bachelor’s degree in Marketing and Human Resources from Boston College.

HÜSNÜ AKHAN - Deputy Chairman, Doğuş Group

Hüsnü AKHAN completed his secondary and high school education at Birecik High School (Şanlıurfa). He is a graduate of Middle East Technical University, Department of Business Administration and received his Master’s degree in Economics from University of Miami (USA). Akhan served at various positions of the Central Bank of the Republic of Turkey. He served as Representative at London Office and Assistant General Manager at the Foreign Relations Department of the Central Bank of the Republic of Turkey. He joined Doğuş Group in 1994. After serving as the Executive VP responsible for Treasury, Operations and Foreign Relations at Garanti Bank, he was assigned as the General Manager of Körfezbank in 1998. Akhan was a Board Member and CFO of Doğuş Group during 2001-2005, Board Member and CEO of Doğuş Group during 2006-2019. As of July 2019, he has been assigned Deputy Chairman of the Board of Directors of Doğuş Group. Additionally, he currently serves as the Chairman of the Board for Dogus Real Estate, Dogus Construction, Dogus Data Processing & Technology, Hedef Medya Related Digital Marketing, PIT Istanbul Hotel Management Company, Korfez Aviation, Doğuş Planet Electronics & Informatics Services, Ara Güler Doğuş Art & Museum, and as a board member for TUVTURK.

GÖNÜL TALU – Board Member

Gönül Talu is a graduate of İstanbul Technical University with a Master of Sciences degree in civil engineering. He joined Doğuş Group in 1969 and has held various managerial positions in Doğuş Construction. Since 1991, he serves as the CEO and the Chairman of the Board of Directors of Doğuş Construction. He is also a member of the Board of Directors of Doğuş Holding.

ERMAN YERDELEN – Board Member

Erman Yerdelen was born in Istanbul and graduated from high school in Istanbul. He has visited Münster University, Germany, where he attended the School of Business Administration. In 1966, he graduated from the Finance and Business Administration Faculty of Istanbul School of Economy and Commerce. He received his Master’s degree in 1996 from Marmara University, Istanbul. After various managerial posts in the private sector, in 1992, Mr. Yerdelen became the Chairman of the Board of Turkish Airlines. He participated in the founding of NTV News Channel in 1996 and acted as the Chairman of the Board of Doğuş Media Group until 2018. Currently, Erman Yerdelen serves as the Board Member of Dogus Holding A.S. and the Chairman of the Board of TÜVTÜRK. Mr. Yerdelen speaks both English and German.

ŞEHMUZ AHMET SEDİD KURUTLUOĞLU – Board Member

Ahmet Kurutluoğlu obtained his undergraduate degree from Faculty of Law, his MBA degree from the Business Administration Faculty, and his Master’s degree in Labour Legislation from the Faculty of Law, Istanbul University. He joined Doğuş Group in 1981 and has been in charge for the legal affairs as the Legal Counsel for Doğuş Holding, and Doğuş Construction. Mr. Kurutluoğlu is currently a member of the Board of Directors of Doğuş Holding and in charge for the legal affairs as the Chief Legal Counsel of the Group.

Ekrem Nevzat ÖZTANGUT - Board Member

After graduating from the Faculty of Economics and Administrative Sciences, Hacettepe University, Nevzat OZTANGUT joined the Capital Markets Board of Turkey and served as Auditor and Chief Auditor at the Audit Department between 1984 and 1994. Mr. OZTANGUT then continued his career as an academic member of Marmara University between 1992 and 1994, and the CEO of Garanti Securities A.S. between 1994 and 2015.

Nevzat OZTANGUT served as the Chairman of Doğuş SK Private Equity Company and the Board Member of Garanti Emeklilik A.S., Doğuş Otomotiv A.S. , Doğuş Oto A.S. , Doğuş REIT A.S., Doğuş Energy A.S. , Garanti Investment Trust A.S. and GoodYear Lastikleri T.A.Ş. (independent Board Member). He has also been the Deputy Chairman of the Settlement & Custody Bank (Takas Bank) between 2000 and 2013, Chairman of the Association of Capital Market Intermediary Institutions of Turkey between 2007 and 2011, and Chairman of the Junior Achievement Education Foundation between 2011 and 2015.

Currently, Nevzat Oztangut serves as the Chairman of d.ream (Dogus Restaurant Entertainment and Management), and Board Member of Dogus Holding A.S.

EMİR ALİ BİLALOĞLU – Board Member

Mr. Emir Ali Bilaloğlu, after receiving his post-graduate degree at Berlin Technical University, Department of Engineering, commenced his professional career in 1991 as the Financial Control and Regional Sales Manager at Audi AG headquarters based in Germany.

Ali Bilaloğlu, rendered service in the United Arab Emirates in 2001 as AUDI AG's Founding General Manager responsible for Dubai following his function assuming responsibility for Business Development and Strategy at Doğuş Otomotiv in 2000. On his return to Turkey in 2004, Mr. Bilaloğlu was assigned as the General Manager responsible for Audi and Porsche brands within the body of Doğuş Otomotiv before he was appointed to be the Chief Executive Officer (CEO) of Doğuş Otomotiv in June 2007.

Emir Ali Bilaloğlu was unanimously elected as the Chairman of the Board at Doğuş Otomotiv's Ordinary General Assembly for the Financial Year 2017 held on March 29, 2018. Mr. Bilaloğlu who has been serving as the Chief Executive Officer of Doğuş Otomotiv continues to undertake full responsibility concerning the above mentioned function in addition to his position as the Chairman of the Board.

As for the companies operating under Doğuş Group, Mr. Bilaloğlu acts as the Chairman of the Board at Doğuş Oto and performs duty as the Board Member at various Doğuş Group companies including Doğuş Holding, Yüce Auto, D-Auto Suisse SA, Volkswagen Doğuş Finance (vdf) and Doğuş Marketing Systems.

With effect from March 2018, Ali Bilaloğlu has been the Chairman at Automotive Distributors' Association (ODD). In addition to his position as the Board Member of Turkish-German Business Council at DEIK (Foreign Economic Relations Board), which furnishes consultancy services in the area of foreign economic relations, Mr. Bilaloğlu performs an active role as the Member of the Advisory Board at Turkey: Culture of Change Initiative affiliated to Turkish Industry and Business Association (TÜSİAD), as well.

1194

19