Corporate Governance
CEB NV is established as a public limited company (naamloze vennootschap) in Amsterdam. Its incorporation date is 24 February 1994. The company has registered shares and is not listed on any stock exchange. CEB NV has a full banking license in The Netherlands since 1994. The Dutch Central Bank (De Nederlandsche Bank NV) is its supervisor.
Although CEB NV is not listed, taken into consideration its role as a financial institution in The Netherlands, it voluntarily adheres to the principles and best practices of the Dutch Corporate Governance Code, also known as the “Code Tabaksblat”. Additionally, as banking organization, CEB NV also underwrites the Basel Committee rules on Enhancing Corporate Governance for Banking Organisations (the “Basel Rules”).
CEB NV applies a two tier board structure with a Supervisory Board and Managing Board. The Supervisory Board of CEB NV consists of 6 members, being Messrs. Hector de Beaufort (chairman), Hüsnü M. Ozyegin, Fevzi Bozer, F. Onur Umut, Mehmet Gülesci and Murat Özyegin. All members of the Supervisory Board have a background and experience in banking, legal or finance. Mehmet Güleşci qualifies as financial expert as per III.3.2 of the Dutch Corporate Governance Code. Hector de Beaufort is Senior Partner with Clifford Chance in Amsterdam, specialized in the legal side of M&A transactions, corporate finance and capital markets transactions.
The members and respective functions of the managing board of CEB NV are: Murat Basbay, Chief Exectuve Officer, Senol Aloglu, Deputy Chief Executive Officer, Umut Bayoglu, Chief Financial Officer, Scott Cheung, Chief Risk Officer, Levent Karaca, Corporate Banking and Legal Affairs
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