Executive Management

YAKUP ERGİNCAN, Ph.D.

CEO and Board Member

Upon receiving his Bachelor’s Degree from Department of Business Administration, Marmara University (1990), Masters Degree on “Accounting & Finance” from the same university (1995) and MBA degree from University of Michigan Business School (1998), he received his Ph.D. in Banking from Marmara University (2001). He obtained Associate Professorship Degree in “Accounting & Finance” from the Council of Turkish Universities (2009).

After having worked as a teaching assistant in the Department of Industrial Engineering, Marmara University (1990-1991), he worked as a specialist and chief specialist in the Enforcement Department, Capital Markets Board of Turkey between 1991 and 2002. He worked as a consultant at the World Bank (Washington D.C., 1997-1998) and PricewaterhouseCoopers (Detroit, 1997). Since 2008 he is the CEO and Board Member of Central Registry Agency Inc. where he previously worked as the Operations & Project Manager responsible for the Dematerialization Project and as Executive Vice President between 2002 and 2008. He also lectures at Kadir Has University “Capital Markets” Masters Program (2004-) and at Marmara University “Capital Markets and Exchanges” Ph. D. Program.

Some of his selected works are "Stock Index Futures, Portfolio Management with Stock Index Futures and the Applicability of Stock Index Futures Markets in Turkey" (1995, Master Thesis), “Stock Index Futures” (1996, Capital Markets Board of Turkey Publication), “Managing Private Capital Flows in Asia: Lessons and New Challenges”(1997, along with a team of researchers and academicians, a World Bank Publication), "EVA© and MVA©: Econometric Analysis of Stock Prices Listed At ISE” (2001, Ph.D. Thesis). He is the author of two books: “Corporate Governance: Current Situation and Proposals for Future Prospects in Turkey “ (2004) and “Corporate Valuation: Classical and Modern Approaches” (2004). He also published various articles on dematerialization, corporate valuation, investor protection, and corporate governance.

ÜMİT YAYLA

EXECUTIVE VICE PRESIDENT

Having been graduated from the Faculty of Law of Ankara University in 1992, he worked as junior and senior legal expert in the Capital Markets Board of Turkey between 1994 and 2002. Between the years of 2002 and 2009 he worked as the Chief Legal Counsel at CRA. He is currently working as the executive vice president with responsibilities related to the Investors Protection Fund and legal affairs of CRA.

He gave presentations and published many articles such as “Exercise of Voting Rights in Joint Stock Companies After the Dematerialization of Stocks” (Present to Prof. Dr. Aydin Aybay, Istanbul 2004), “Central Registry Agency and the Dematerialized System: Problems in Implementation and Suggestions for Solution” (Bankers Magazine, Volume 71 December 2009), “Participation to General Assembly Meetings of Joint Stock Companies in the Dematerialized System According to the New Commercial Code”, (TUSIAD Conference, “The New Turkish Commercial Code: Do You Know Your Responsibilities?”).

ASLI GÜNEL

EXECUTIVE VICE PRESIDENT

She graduated from Economics Department of Political Sciences Faculty of Ankara University in 1994 and began working in assistant expert and expert positions at the Capital Markets Board of Turkey between 1995 and 2002. She worked as the manager of the Investors Protection Fund in CRA between 2002 and 2005 and as the manager of the Operations and Depository Department between 2005 and 2009. Currently, as an executive vice president at CRA, she is responsible for operations, membership services, international relations and business development. Ms. Gunel has a graduate degree in finance from Bogazici University.

MUSTAFA EKİCİ

EXECUTIVE VICE PRESIDENT

He was born in Malatya. After graduating from Ankara High School of Finance, he received his undergraduate degree in Labor Economy from the Industrial Affairs Department of the Political Sciences Faculty of Ankara University in 1988. He received his graduate degree in Business Administration Department from Gazi University’s Institute of Social Sciences. He worked at the Ministry of Finance between 1983 and 1989. He worked as a deputy inspector and inspector at the Prime Ministry’s General Directorate for Charitable Funds. Mr. Ekici began working at CRA as a manager in 2002 and currently he is the executive vice president responsible for finance, accounting, administrative affairs, purchasing and human resources departments.

HÜSAMETTİN KORKUNÇ

EXECUTIVE VICE PRESIDENT

He graduated from Ege University’s Department of Engineering as a computer engineer in 1991. He worked in software development projects, especially in the finance sector for years. He also worked in several positions responsible for management and development of banking applications and specialized in enterprise content management systems (ECM) and business process management systems (BPM). He left the company, where he started as a Software Engineer, as the Director of the Business Process Management Department. He is working as the Chief Information Officer (CIO) in CRA since October 2010.