Hayri Çulhacı has been serving as Vice Chairman of the Board of Directors since July 18, 2010 and as Chairman of the Audit Committee and Executive Risk Committee since January 17, 2011. Joining Akbank as Executive Vice President in 1990, Çulhacı served as Executive Vice President in charge of Corporate Communications, Investor Relations and Strategy; Advisor to the Chairman; and Executive Board Member, respectively. Prior to joining Akbank, Hayri Çulhacı worked as Financial Analyst and Department Head in the Ministry of Finance. A graduate of Ankara University, Faculty of Political Sciences, he holds an MBA from Northeastern University in the United States. Çulhacı is also a member of the Board of Trustees of Sabancı Foundation, as well as a Member of the Boards of Directors of Aksigorta A.Ş., and AvivaSA A.Ş.