All the news/developments about Garanti BBVA and the banking sector.All the news/developments about Garanti BBVA and the banking sector.

Change of Garanti Bank’s Board of Directors Chairman

Ferit Faik Şahenk has resigned as the Chairman of the Board of Directors of Garanti Bank, effective September 19, 2017 and Süleyman Sözen has been appointed as the new Chairman.

Garanti has stated: “Ferit Şahenk, who has been the Chairman of our bank for 16 years and made significant contributions to our bank’s development with his vision and insights, holds a very special place in our bank’s successful journey. As the Honorary Chairman, Mr. Şahenk will continue to contribute to the development of our bank and support the senior management with his experience. With BBVA’s experienced management team and with the leadership of Süleyman Sözen, the Board of Directors will keep on steering our bank. We believe that this change will be beneficial for our bank and all of our stakeholders”