{"id":12114,"date":"2024-12-26T14:46:30","date_gmt":"2024-12-26T11:46:30","guid":{"rendered":"https:\/\/www.paytr.com\/corporate-governance"},"modified":"2026-06-10T11:29:05","modified_gmt":"2026-06-10T08:29:05","slug":"corporate-governance","status":"publish","type":"page","link":"https:\/\/www.paytr.com\/en\/corporate-governance","title":{"rendered":"Corporate Governance"},"content":{"rendered":"\n
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Corporate Governance<\/h2>\n
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\n Homepage<\/a>\n Corporate Governance<\/a>\n
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Corporate Governance<\/p>\n <\/div>\n <\/div>\n

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Board of Directors .<\/span>\n <\/h2>\n

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Yi\u011fit CENG\u0130Z \u2013 Chairman of the Board<\/h3>\n

Yi\u011fit Cengiz founded PayTR, the country\u2019s first domestic payment institution, in 2009 and positioned the company as a pioneering player in the industry. He is widely recognized as an entrepreneur who has contributed significantly to the development of the payment systems ecosystem in T\u00fcrkiye. Cengiz handed over his role as General Manager in 2018 and currently serves as Chairman of the Board at PayTR. Yi\u011fit Cengiz graduated from the Department of Information Systems Engineering at Istanbul Technical University and completed his graduate studies in the United States.<\/i><\/p>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n

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\u0130sak ANT\u0130KA \u2013 Vice Chairman of the Board<\/h3>\n

With over 40 years of professional experience, before establishing AGL Istanbul Liaison Office, \u0130sak Antika founded Antika Partners, one of Istanbul\u2019s leading corporate finance and M&A advisory firms and Merrill Lynch\u2019s strategic partner in Turkey, where he served as Managing Partner. Earlier in his career, he held several senior leadership positions at JP Morgan during his 18-year tenure, including Head of Investment Banking for Central and Eastern Europe, the Middle East and Africa (CEEMEA), and served as a member of JP Morgan\u2019s Global Executive Committee. During his time at the firm, he also held regional leadership responsibilities covering Turkey, the CIS, the Balkans and Israel, in addition to serving as Head of Turkey and Central Asia, and Country Head of Turkey. He began his career in London within JP Morgan Chase & Co.\u2019s Global Markets Group. Antika holds a bachelor\u2019s degree in Industrial Engineering from Bo\u011fazi\u00e7i University.<\/i><\/p>\n <\/div>\n

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Mehmet Murat \u00c7AVU\u015eO\u011eLU \u2013 Board Member<\/h3>\n

With 30 years of professional experience, Murat \u00c7avu\u015fo\u011flu served as Managing Partner and Investment Committee Member at Southeast Europe Equity Fund (SEEF), a private equity fund investing across Turkey, Southeast Europe and the Caucasus, prior to joining the AGL Istanbul Liaison Office. Before his career at SEEF, he founded Taurus Capital Partners (TCP), managing a Turkey-focused private equity investment program, where he served as Managing Partner. Before establishing TCP, \u00c7avu\u015fo\u011flu held senior executive positions at Fiba Holding, one of Turkey\u2019s leading conglomerates, including serving as Chief Executive Officer. He began his career in London within Goldman Sachs\u2019 Corporate Finance and Mergers & Acquisitions Group. \u00c7avu\u015fo\u011flu holds a bachelor\u2019s degree in Electrical Engineering from the University of Virginia and completed graduate studies in Engineering-Economic Systems at Stanford University, as well as at Harvard Business School.<\/i><\/p>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n

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Selmi Haleva KAPELUTO \u2013 Board Member<\/h3>\n

With 26 years of professional experience, Selmi Haleva Kapeluto served as Deputy General Manager at Antika Partners, one of Istanbul\u2019s leading corporate finance and M&A advisory firms and Merrill Lynch\u2019s strategic partner in Turkey, prior to joining the AGL Istanbul Liaison Office. Before his tenure at Antika Partners, he worked as a specialist at Taurus Capital Partners, a private equity investment platform managing a Turkey-focused investment program. He began his career in the Corporate Finance Department of T\u00fcrkiye S\u0131nai Kalk\u0131nma Bankas\u0131 (TSKB). Kapeluto holds a bachelor\u2019s degree in Business Administration from Marmara University.<\/i><\/p>\n <\/div>\n

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Mehmet Sezgin \u2013 Board Member<\/h3>\n

With 40 years of professional experience, Mehmet Sezgin has been providing innovative payment solutions to financial institutions since 2017 through myGini Inc., a San Francisco-based fintech company. Prior to founding myGini Inc., he served as Global Head of Payment Systems at BBVA, where he managed the bank\u2019s payment strategies and operations across 12 countries. As the founding CEO of Garanti Payment Systems, Sezgin played a key role in the development of T\u00fcrkiye\u2019s digital payments infrastructure and led the launch of pioneering products such as Bonus Card and Shop & Miles. He has also served as Chairman of the Board of Directors of the Interbank Card Center (BKM), the Credit Bureau of T\u00fcrkiye (KKB), and the Banks Association of T\u00fcrkiye Risk Center. Sezgin completed his undergraduate studies in Business Administration at Middle East Technical University and earned his graduate degree in Business Administration from the University of Massachusetts Boston. He began his banking career at Interbank\u2019s Board of Inspectors.<\/i><\/p>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n

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R\u0131dvan Tar\u0131k Tombul \u2013 Board Member<\/h3>\n

Tar\u0131k Tombul joined PayTR as General Manager in 2018 and handed over the role to Merve Tezel in 2023. He currently serves as a Board Member at PayTR. Prior to joining PayTR, Tombul was among the founding partners of PayU T\u00fcrkiye, where he led the establishment of the company\u2019s operational infrastructure and assumed project leadership responsibilities in the licensing processes in T\u00fcrkiye and Nigeria. He began his career at Garanti Payment Systems in 2001 and held various positions within the Authorization, Fraud, and Secure Operations departments. Tombul also serves as a Board Member of T\u00d6DEB.<\/i><\/p>\n <\/div>\n

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Merter OKURO\u011eLU \u2013 Board Member<\/h3>\n

With 12 years of professional experience, Merter Okuro\u011flu is currently at AGL Istanbul Liaison Office, having previously held the role of Financial Services Director at Trendyol Group. Prior to his time at Trendyol Group, he held the position of Vice President in the Private Equity department at Franklin Templeton. He began his career at McKinsey & Company as a management consultant focusing on banking and financial products. He holds a bachelor\u2019s degree in business administration from Bo\u011fazi\u00e7i University and a master’s degree from Columbia Business School.<\/i><\/p>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n

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Nihan Cengiz \u2013 Board Member<\/h3>\n

Serving as a Board Member at PayTR since 2020, Nihan Cengiz specializes in corporate governance and strategic investments. After completing her undergraduate studies at Bo\u011fazi\u00e7i University, Cengiz pursued academic studies at Cornell University and later completed her graduate education at Columbia University.<\/i><\/p>\n <\/div>\n

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Executive Management .<\/span>\n <\/h2>\n

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S\u00fcreyya Merve TEZEL \u2013 CEO<\/h3>\n

Merve Tezel graduated from Robert College and holds degrees from Ithaca College and Lehigh University (USA). She began at Yap\u0131 Kredi Bankas\u0131, then Garanti Payment Systems, and spent 15 years at Visa Europe Turkey as Management Consultant and GM. Since March 2023 she has led PayTR as CEO, focusing on customer experience, fintech innovation, and digital strategy.<\/i><\/p>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n

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B\u00fclent El\u00e7in \u2013 CSO<\/h3>\n

B\u00fclent El\u00e7in graduated from Bilkent University (1994) and served at Real Hypermarkets, Best Buy Turkey, Hepsiburada, then as CCO at eBay\/GittiGidiyor. Since November 2024 he is CSO at PayTR.<\/i><\/p>\n <\/div>\n

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B\u00fclent Mu\u015flu \u2013 CTO<\/h3>\n

An IT veteran since 1991, B\u00fclent Mu\u015flu holds degrees from ITU and has led infrastructure, security and risk at Alarko, HPE, BKM. He is CTO since September 2023 and holds ITIL\u00ae, ISO and PCI certifications.<\/i><\/p>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n

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Can \u00c7elik \u2013 CCDO<\/h3>\n

Can \u00c7elik is a graduate of Bo\u011fazi\u00e7i University\u2019s Department of Economics. He began his career at Yap\u0131 Kredi in merchant product management and business development, focusing on digital payment solutions, acquiring, and commercial growth in banking and payments. He later served as an Engagement Manager at McKinsey & Company, leading strategy and transformation projects across financial services, payments, and fintech. Since December 2025, he has been serving as Deputy General Manager for Commercial Development at PayTR, where he is responsible for the company\u2019s commercial growth strategy, new revenue streams, productization, profitability, and strategic partnerships.<\/i><\/p>\n <\/div>\n

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Feyza Dereli Fedar \u2013 CMO<\/h3>\n

Graduated from Bo\u011fazi\u00e7i University (2003), Feyza started at PwC, Tofa\u015f, Garanti Bank, then CRM\/Digital Marketing roles at GittiGidiyor. Since September 2023 she is CMO at PayTR.<\/i><\/p>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n

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Tolga \u00d6kmen \u2013 COO<\/h3>\n

With over 19 years of experience in banking and payments, Tolga \u00d6kmen began his career in 2006 at HSBC, working in fraud prevention and investigations. In 2016, he transitioned into payments, serving as Risk and Compliance Manager at Paynet, before overseeing compliance operations at Trend \u00d6deme. Having served as PayTR’s Compliance Director since June 2024, he was appointed Deputy General Manager of Operations at PayTR in January 2026.<\/i><\/p>\n <\/div>\n

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Yi\u011fit Keskin \u2013 CFO<\/h3>\n

Yi\u011fit Keskin began his professional career at Deloitte, the international audit and advisory firm, where he took on significant responsibilities in building financial control and reporting frameworks and ensuring compliance with IFRS and local regulations. He played an active role in the financial and regulatory processes of payment and electronic money institutions operating under CBRT regulations and secondary legislation, including the Law on Payment and Securities Settlement Systems, Payment Services, and Electronic Money Institutions. Keskin joined PayTR as Finance Director in November 2022 and was appointed Deputy General Manager of Finance in December 2025.<\/i><\/p>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n

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Zafer Latif \u2013 CPO<\/h3>\n

Zafer Latif has 11 years in payments, joining PayTR at inception. He has led licensing, regulatory compliance, and product innovation, earning PSM awards. He has served as Deputy GM for Product since 2021.<\/i><\/p>\n <\/div>\n

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Risk Management and Internal Control Unit Managers .<\/span>\n <\/h2>\n

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Bekir Kamal\u0131 \u2013 Internal Control Manager<\/h3>\n

Bekir Kamal\u0131 holds degrees from Anadolu and Sel\u00e7uk Universities in Business, Tourism, Web Design and Social Media. With 30+ years in fintech and beyond, he has led PayTR\u2019s Internal Control since August 2012.<\/i><\/p>\n <\/div>\n

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Burcu Ergen\u00e7 \u2013 Risk Director<\/h3>\n

Burcu Ergen\u00e7 graduated from Ege University. She began at Akbank, chaired security at \u00d6DED, served as Risk Manager at Paratika and Payten, and joined PayTR as Risk Director in March 2022, specializing in onboarding, fraud prevention and regulatory risk.<\/i><\/p>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n\n

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\n Company Information\n <\/h2>\n\n
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PayTR Payment and Electronic Money Institution Inc.<\/strong><\/p>\n

Konak Tax Office \u2013 7740290920<\/strong><\/p>\n

MERSIS No: 774029092000001<\/strong><\/p>\n

Izmir Chamber of Commerce \u2013 Chamber No: MERKEZ-144970<\/strong><\/p>\n

Akdeniz Mah. Atat\u00fcrk Cad. No:126\/51 Konak \/ \u0130zmir<\/p>\n

paytr@hs01.kep.tr<\/a><\/p>\n

Phone: 0850 441 32 66<\/strong> | WEB: www.paytr.com<\/a><\/p>\n <\/div>\n <\/div>\n\n \n

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\n Shareholder Structure\n <\/h2>\n\n
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Name<\/th>\n Shareholding (%)<\/th>\n Paid-in Capital (TRY)<\/th>\n <\/tr>\n <\/thead>\n
Y\u0130\u011e\u0130T CENG\u0130Z<\/td>\n 40<\/td>\n 24.354.000<\/td>\n <\/tr>\n
F\u0130NANC\u0130AL TECHNOLOG\u0130ES S.A.R.L<\/td>\n 60<\/td>\n 36.531.000<\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n <\/div>\n\n \n
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\n Annual Reports\n <\/h3>\n\n