Audit Committee

The Auditing Committee is responsible for ensuring that internal and independent audits are executed fully and transparently. It has special responsibility in the areas listed below:

• Performing the necessary research to select an independent audit company and submitting that choice for the approval of the Board of Directors after a preliminary consent.
• Auditing compliance of financial statements and footnotes, to be publicly disclosed with applicable legislation and international accounting standards and approving those statements and footnotes.
• Monitoring the operation and performance of the Company’s accounting system, public announcements of financial data, independent auditing and the Company’s internal control system.
• Examining and resolving complaints concerning accounting, internal control system and independent auditing of the Company.

The Auditing Committee meets at least once each quarter upon the summons of the Committee Chairman. If deemed necessary, the Committee may invite managers or internal and independent auditors to its meetings to get information. The president and members of Audit Committee are selected among the Independent Board Members.

Ahmet Bal

Ahmet Bal was born in Tokat in 1957. In 1981, he graduated from the Department of Economics and Finance of the Faculty of Political Sciences of Ankara University and entered the Board of Accountants of the Ministry of Finance. He received the title of Chief Accountant and Certified Public Accountant in 1991. Mr. Bal received his MBA degree in Business Administration from Nottingham University in England in 1992. He started to work as an Assistant Financial Affairs Coordinator in Anadolu Endüstri Holding in 1994. He carried his duties as Finance Director in Efes Sinai Yatırım Ticaret A.Ş. between 1995 and 1998 and as General Manager between 1998-1999. He served as the Financial Affairs Coordinator for the Automotive, Finance and Stationery companies in Anadolu Endüstri Holding's Financial Affairs Department between 1999-2006. He worked as the Audit Coordinator responsible for all Group companies Anadolu Endüstri Holding between 2006-2012. From 2013 to 2018, he served as the Audit President responsible for the audit of all Anadolu Group companies. Ahmet Bal is married and has two children. He is independent board member at Şok Marketler.

Füsun KURAN

Ms. Füsun Kuran, who started her career as an auditor at Arthur Andersen, became the General Manager of Stefanel in 2001, where she continued her career as the General Manager. In 2005, she was deemed worthy of the “Youngest Successful General Manager” award by Capital Magazine. Ms. Füsun Kuran became the General Manager of Brooks Brothers in 2013, served as the CEO of RMK Classic, where Brooks Brothers and Edwards brands are located, until January 2019. Kuran, who served as the President of the Registered Trademarks Association (TMD) for two terms in 2010-2012 and 2014-2016, Experienced businesswoman Ms. Füsun Kuran became the CEO of Make-A-Wish Turkey, an international organization for children struggling with life-threatening diseases. Currently serving as the CEO and Board Member of TUTUMLUDUKKAN.COM which is Turkey’s marketplace for second-hand children’s and women’s products. Since May’22, Ms.Kuran is serving as the independent board member of Ülker Bisküvi
Ms. Füsun KURAN contributes to the Board through her significant expertise in fast moving consumer goods, supply chain management, Consumer retail and Finance, financial affairs, audit and tax , risk management and regulatory affairs, as well as her experience in corporate governance.