Published: May 7, 2009
Vakifbank's board of directors elected Yusuf Beyazit as chairman and Ragıp Dogu as vice-chairman. The roles and responsibilities of the board members were specified during the meeting. The board committees are composed of the following members:
audit committee: Ragip Dogu, Sabahattin Birdal; corporate governance and appointments committee: Ismail Alptekin, Hasan Ozer; credit committee: Ramazan Gunduz, Serdar Tuncbilek.
VakifBank is one of the leading "multi-specialist" banks in Turkey. The banking products and services that it offers cover corporate, commercial and small-scale enterprise banking, as well as retail and private banking.
VakifBank has 421 branches spread throughout the country with a leading role in the financing of domestic and foreign trade. At the end of 2007, VakifBank has been the sixth largest bank of Turkey in terms of asset size. The bank also has two international offices located in New York and Bahrain and it also has presence in Austria with VakifBank International which has branches in Vienna, Cologne and Frankfurt.