Turkiye Garanti Bankasi A.S.: Changes in Top Management

Turkiye Garanti Bankasi A.S. has announced crucial changes in its top management, effective from August 2, 2024. Recep Baştuğ, who has held the position of Chief Executive Officer since 2019, has decided to resign. The Board of Directors has selected Mahmut Akten, presently responsible for Corporate Investment Banking Services and Global Markets, as his successor. This appointment awaits regulatory approval.

The Board will decide on a replacement for Mr. Akten's current position at a later date. This leadership change marks a significant shift in the bank's strategic management structure. Stakeholders and investors have been informed through this regulatory announcement, with all necessary measures taken to ensure compliance and accuracy.