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Board of Directors

Füsun Tümsavaş
Chairperson

Ms. Füsun Tümsavaş was born in Ankara in 1957 and graduated from Ankara University, Faculty of Political Science, Department of Economics-Finance. She started her professional career at the Ankara Branch of the Central Bank of the Republic of Turkey in 1979. In 1981, she started to work at İşbank's I. Loans Department as an Officer and subsequently became Assistant Section Head and Assistant Credit Specialist in the same department. Ms. Tümsavaş was appointed as Assistant Manager in 1994 and Unit Manager in 1999 in the aforementioned department. She became the Head of Commercial Loans Department in 2004.

In addition to her duties at the Bank, Ms. Tümsavaş also serves as the Chairperson of the Board of Anadolu Sigorta and the Vice Chairperson of the Board of İşbank Supplementary Pension Fund.

Ms. Tümsavaş was elected to İşbank's Board of Directors on 28 March 2008, 31 March 2011, 28 March 2014, 31 March 2017 and 31 March 2020. Being the Chairperson of İşbank Board of Directors, Ms. Tümsavaş also serves as the Chairperson of the Risk Committee, Remuneration Committee and Corporate Governance Committee; and as a member of the Credit Committee.

Yusuf Ziya Toprak
Vice Chairperson

Mr. Yusuf Ziya Toprak was born in Trabzon in 1943, and graduated from Istanbul Economics and Commercial Sciences Academy, Department of Finance. Mr. Toprak started to work as an Assistant Inspector on the Board of Inspectors at İşbank in 1967. In the following years, he served as Assistant Manager and Group Manager in Automation and Organization Departments, as Manager in Securities Department, and General Manager at Yatırım Finansman Securities. He was appointed as Deputy Chief Executive  at İşbank in 1999.

Mr. Toprak, who has retired in 2004, continued serving as the Vice Chairman and a Member of the Board of Directors at Şişecam until 2010.

Mr. Yusuf Ziya Toprak, who was elected as a member of İşbank's Board of Directors on 31 March 2020 and as the Vice Chairperson of the Board on 1 April 2020, also serves as the Chairman of the Audit Committee and T.R.N.C. Internal Systems Committee, a member of the Risk Committee, and an alternate member of the Credit Committee.


Adnan Bali
Member of the Board and Chief Executive Officer

Mr. Adnan Bali was born in 1962. His banking career began in 1986 at İşbank by joining the Board of Inspectors as Assistant Inspector after graduating from Middle East Technical University in Ankara with a BS degree in Economics in 1986. 

After working at various managerial positions at İşbank, Mr. Adnan Bali was promoted to the post of Deputy Chief Executive in 2006. He was appointed as the 16th Chief Executive Officer of İşbank on 1 April 2011. He has also been serving as the Chairman of the Credit Committee and member of the Risk Committee.

Mr. Adnan Bali is the Chairman of Şişecam Group. He is member of the Board of Directors of Vehbi Koç Foundation and The Banks Association of Turkey; member of Institute of International Finance (IIF) and Institut International d'Etudes Bancaires (IIEB). Mr. Bali is also member of the High Advisory Board of Darussafaka Society. 

Throughout his career, Mr. Bali has attended to various training programs held abroad, including an executive program at Harvard Business School in Boston Massachusetts.

Adnan Bali speaks English, is married and has three children.

Feray Demir
Member of the Board 

Ms. Feray Demir was born in Ağrı in 1968 and graduated from Anadolu University, Faculty of Economics and Administrative Sciences, Business Administration Department. She started her professional career as an Officer at Sefaköy/Istanbul Branch in 1988. She was appointed as Assistant Section Head in 1990, Section Head in 1995, Sub-Manager in 1996 and as Assistant Manager in 1999 at the same branch. She then served at the same position in Commercial Loans Department and Corporate Marketing Department. She was appointed as Branch Manager to Çarşı-Güneşli/Istanbul Branch in 2005, and then served as Head of Commercial Banking Sales Department from 2007 to 2011. She served as Branch Manager of Istanbul Corporate Branch from 2011 to 2016.

In addition to her duties at the Bank, Ms. Demir also serves as member of the Board of İşbank Supplementary Pension Fund.

Ms. Demir, who was elected to İşbank's Board of Directors on 25 March 2016, 31 March 2017, and 31 March 2020, also serves as a member of the Corporate Social Responsibility Committee, Credit Committee and Remuneration Committee.

Ersin Önder Çiftçioğlu
Member of the Board

Mr. Ersin Önder Çiftçioğlu was born in Ankara in 1960 and graduated from Hacettepe University, Faculty of Social and Administrative Sciences, Department of English Linguistics.

Mr. Çiftçioğlu began his career at İşbank as an Officer in Yenişehir/Ankara Branch in 1985, and was appointed as  Assistant Section Head, Section Head, Sub-Manager and Assistant Manager in the same branch.

In 2007, he was appointed as Assistant Manager at the Başkent/Ankara Corporate Branch, and Regional Manager of SME Loans Underwriting Division of Adana Region in the same year, and subsequently served as Ankara Center I. Region Manager. He was appointed as Ege/Izmir Corporate Branch Manager in 2011 and Başkent/Ankara Corporate Branch in 2016.

Mr. Çiftçioğlu, who was elected to İşbank's Board of Directors on 31 March 2017 and 31 March 2020; also serves as a member of the Audit Committee, T.R.N.C. Internal Systems Committee and Corporate Governance Committee.

Fazlı Bulut
Member of the Board

Mr. Fazlı Bulut was born in Pertek in 1964 and graduated from Ankara University, Faculty of Political Sciences, Department of Economics. He completed his master's degree in Economic Development in New Hampshire College in the USA.

Mr. Bulut served as Account Expert and Senior Account Expert at the Ministry of Finance in the Board of Account Experts from 1985 to 1997. He taught General Accounting at College of Tourism and College of Computer Technology, at Bilkent University, from 1996 to 1998. Mr. Bulut served as Vice General Manager and Member of the Board in Social Insurance Institution. He served as Vice General Manager, General Manager and Member of the Board of Directors in Tepe Home Mobilya ve Dekorasyon Ürünleri San. Tic. A.Ş., a subsidiary of Bilkent Holding, from 1999 to 2011. He subsequently served as a consultant for Bilkent Holding on tax and retailing for one year and as the General Manager of B. Braun Kalyon Medikal ve Dış Ticaret A.Ş. from 2013 to 2015, and as the Coordinator of Financial Affairs in Terra İnşaat Grubu from 2016 to 2017. Mr. Bulut also has books published on various subjects.

Mr. Bulut, who was elected to İşbank Board of Directors on 29 March 2019, and 31 March 2020, also serves as a member of the Corporate Social Responsibility Committee and as an alternate member of the Credit Committee. 

Durmuş Öztek
Member of the Board

Mr. Durmuş Öztek was born in Sivas, Şarkışla in 1953 and graduated from Ankara University Faculty of Political Sciences, Department of Economics and Finance. He completed his master's degree in Economics at Vanderbilt University in the USA.

Mr. Öztek served as a Finance Auditor between 1975-1986 in the Ministry of Finance. In the following years, he served as Department Head, Deputy General Manager and General Manager in the General Directorate of Budget and Financial Control; Chief Auditor and Member of Financial Advisory Committee in the Ministry of Finance; Auditor in Turk Telekom, Member of the General Committee in Council of Higher Education, Financial Counselor in Turkish Embassy in Brussels. He served as a Ministry Counselor in the Ministry of Finance between 2006-2011. 

Mr. Öztek, who was elected to İşbank Board of Directors on 31 March 2020, serves as a member of the Corporate Social Responsibility Committee. 

Recep Hakan Özyıldız
Member of the Board

Mr. Recep Hakan Özyıldız was born in Bursa in 1956 and graduated from Ankara University Faculty of Political Sciences, Department of Economics and Finance. He completed his master’s degree in Economics at Northeastern University in the USA.

Mr. Özyıldız started to work at the Ministry of Treasury and Finance as an Assistant Treasury Specialist in 1978. In the following years, he served as Branch Manager at the Undersecretary of Treasury and Foreign Trade and the General Directorate of Banking and Foreign Exchange; Department Head, Deputy General Manager and General Manager at the General Directorate of Public Finance under Ministry of Treasury and Finance,; Auditor at İşbank, General Manager of the State Economic Enterprises in the Treasury, Senior Advisor of Economics in Turkish Embassy in London and Assistant Undersecretary in the Ministry of Treasury and Finance.

Mr Özyıldız, who is also a columnist and commentator, continues to serve as a part-time academic tutor in Ankara University, Faculty of Political Sciences.

Mr. Özyıldız was elected to İşbank Board of Directors on 31 March 2020.

Mustafa Rıdvan Selçuk
Member of the Board

Mr. Mustafa Rıdvan Selçuk was born in Malatya in 1955, and graduated from Ankara University, Faculty of Political Sciences, Department of Economics and Finance. He received his master’s degree on Economics from Vanderbilt University in the USA.

Mr. Selçuk started his career in the Ministry of Finance in 1978 as an Assistant Account Expert. In the following years, he served as Account Expert, Senior Account Expert, Department Head in the General Directorate of Revenues, General Manager and Chairman of Bağkur in the Ministry of Labor and Social Security, Labor and Social Security Advisor in Turkish Embassy in Copenhagen and as Ministry Advisor in the Ministry of Finance.

Mr. Selçuk, who also serves as a Certified Public Accountant since 2003, is an Independent Auditor at BDD Bağımsız Denetim ve Danışmanlık A.Ş., and a partner at Girişim YMM Limited Şti.

Mr. Selçuk was elected to İşbank Board of Directors on 31 March 2020.


Ahmet Gökhan Sungur
Member of the Board

Mr. Ahmet Gökhan Sungur was born in Yozgat in 1953. He graduated from Middle East Technical University, Department of Chemical Engineering and received his master’s degree from the same department.

Mr. Sungur, who started his career in 1975 at General Institute of Mineral Research and Exploration Department of Technology as Chief Specialist Chemical Engineer, worked in Hisarbank and Güntekin İnşaat A.Ş. as a System Analyst between 1981-1982. Later, between 1982-1999, he served as Manager of Software Development at İşbank and Chief Executive Officer at İş Net A.Ş. between 1999-2003.

Mr. Sungur was elected as an Independent Member of İşbank Board of Directors on 31 March 2020.


Sadrettin Yurtsever
Member of the Board

Mr. Sadrettin Yurtsever was born in Darabi in 1964 and graduated from Gazi University, Faculty of Education, Department of English Language Education.  

Mr. Yurtsever, who started his career at İşbank  as a candidate officer in İzmir Branch in 1993, served in the same branch as Section Head and Sub-Manager. He served as Assistant Manager in SME Loans Underwriting Division of Denizli Region in 2006, İzmir Central II. Region Sales Division Assistant Regional Manager in 2007, Regional Manager in the same division in 2011, Branch Manager of Bornova/İzmir Commercial Branch in 2013 and Mediterranean/Antalya Corporate Branch in 2018.

Mr. Yurtsever, who was elected to İşbank Board of Directors on 31 March 2020, serves as a member of the Corporate Governance Committee and the Corporate Social Responsibility Committee.

  * In line with the Communiqué On Corporate Governance (II-17.1) published on 03.01.2014, Audit Committee Members of banks are regarded as Independent Members.​

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