MILLIRE_2019_Annual Report

Milli Re Annual Report 2019 19 Activities and Major Developments Related to Activities Financial Status Risks and Assessment of the Governing Body Unconsolidated Financial Statements Together with Independent Auditors’ Report Thereon Consolidated Financial Statements Together with Independent Auditors’ Report Thereon General Information Financial Rights Provided to the Members of the Governing Body and Senior Executives Research & Development Activities Kemal Emre SAYAR Director Kemal Emre Sayar is a graduate of the Faculty of Industrial Engineering at the Middle East Technical University. He holds a master’s degree in Information Technologies in Management from Sabancı University and in Economics and Finance from Boğaziçi University. Kemal Emre Sayar began his career in 1999 as an Assistant Inspector on the Board of Inspectors at İşbank and held managerial positions in various units of the Bank. He is currently the Subsidiaries Department Unit Manager at İşbank and a member of the Board of Directors of various group companies as well. Kemal Emre Sayar has been a member of the Board of Directors at Milli Re since 30 November 2015. Fikret Utku ÖZDEMİR Director and General Manager Fikret Utku Özdemir holds an Associate Degree in Nuclear Engineering from Hacettepe University and graduated with a bachelor’s degree in Management from the Faculty of Economics and Administrative Sciences at Middle East Technical University. He holds a master’s degree from EDHEC Business School (France). He joined İşbank as a member of the Board of Inspectors in 1996 and served in a number of the Bank’s departments and positions. Appointed as a member of the Board of Directors and General Manager on 27 August 2019, Fikret Utku Özdemir is also a Vice Chairman of the Board of Directors of Anadolu Anonim Türk Sigorta Şirketi and a member of the Non- life Management Committee of the Insurance Association of Turkey. Fahriye ÖZGEN Reporter of the Board of Directors Internal Audit Assistant Manager: Ekin ZARAKOL SAFİ Term of Office: 6 years Professional Experience: 17 years Departments Previously Served: Turkish Reinsurance Pool, Internal Audit and Risk Management Academic Background: Bachelor’s Degree Internal Control and Risk Management Assistant Manager: Duygu GÖLGE Term of Office: 6 years Professional Experience: 24 years Departments Previously Served: Decree Pool Academic Background: Master’s Degree INTERNAL SYSTEMS MANAGERS