{"id":12114,"date":"2024-12-26T14:46:30","date_gmt":"2024-12-26T11:46:30","guid":{"rendered":"https:\/\/www.paytr.com\/corporate-governance"},"modified":"2026-08-19T11:02:36","modified_gmt":"2026-08-19T08:02:36","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 Home Page<\/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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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 <\/div>\n <\/div>\n\n\n\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

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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 <\/div>\n <\/div>\n\n\n\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

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

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S\u00fcreyya Merve TEZEL \u2013 Chief Executive Officer (CEO)<\/h3>\n

Merve Tezel has been serving as Chief Executive Officer (CEO) of PayTR since March 2023. Prior to joining PayTR, she spent nearly 15 years at Visa Europe T\u00fcrkiye, where she held senior roles including Management Consultant and General Manager. She began her career at Yap\u0131 Kredi Bank and later joined Garanti Payment Systems.<\/i>
With extensive experience in financial technology, digital payments, fintech innovation, customer relationship management and financial strategy, Tezel has played a key role throughout her career in the development and expansion of digital payment solutions.<\/i>
A graduate of Robert College, Merve Tezel completed her undergraduate and postgraduate studies in Business Administration at Ithaca College and Lehigh University in the United States.<\/i>
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B\u00fclent EL\u00c7\u0130N \u2013 Chief Sales Officer (CSO)<\/h3>\n

B\u00fclent El\u00e7in has been serving as Chief Sales Officer (CSO) of PayTR since November 2024. El\u00e7in began his career at Real Hypermarkets and later held senior sales roles at Best Buy T\u00fcrkiye and Hepsiburada. He subsequently spent eight years as Chief Commercial Officer (CCO) at eBay \/ GittiGidiyor, where he led the development and execution of the company\u2019s commercial strategies and growth initiatives.<\/i>
With extensive experience in sales management, e-commerce, commercial strategy, business development and customer acquisition, El\u00e7in has played key roles throughout his career in building high-performing sales organizations, identifying new growth opportunities and driving sustainable commercial growth.<\/i>
B\u00fclent El\u00e7in graduated from Bilkent University with a degree in Business Administration.<\/i>
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B\u00fclent MU\u015eLU \u2013 Chief Technology Officer (CTO)<\/h3>\n

B\u00fclent Mu\u015flu has been serving as Chief Technology Officer (CTO) of PayTR since September 2023. As a technology professional since 1991, he has held various senior leadership positions, including Senior Vice President and Executive Vice President roles, at leading organizations such as the Bankalararas\u0131 Kart Merkezi (BKM), Hewlett Packard Enterprise and Alarko.<\/i>
With extensive experience in information security, IT risk and compliance, business continuity, service management, data center operations, systems and network management, infrastructure design, project management and software development, Mu\u015flu has played key roles throughout his career in advancing technology infrastructures, ensuring the security and continuity of critical systems, leading technology transformation initiatives and strengthening organizational technology capabilities.<\/i>
Mu\u015flu holds internationally recognized professional certifications, including ITIL\u00ae Expert, ISO 27001 Lead Auditor, ISO 22301 Lead Auditor, PCI ISA and Certified Ethical Hacker. He completed both his undergraduate and graduate studies in Computer Engineering at Istanbul Technical University.<\/i>
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Can \u00c7EL\u0130K \u2013 Chief Commercial Development Officer (CCDO)<\/h3>\n

Can \u00c7elik has been serving as Chief Commercial Development Officer at PayTR since December 2025. He began his career at Yap\u0131 Kredi Bank in merchant product management and business development, where he held various roles across digital payment solutions, acquiring and commercial growth within the banking and payments industries. He later joined McKinsey & Company, where, as an Engagement Manager, he led strategy and transformation projects focused on financial services, payments and fintech.<\/i>
With extensive experience in commercial strategy, new revenue streams, productization, profitability, business development and strategic partnerships, \u00c7elik has played key roles throughout his career in identifying new growth opportunities, developing commercial models and implementing strategies that support sustainable and profitable growth.<\/i>
Can \u00c7elik holds a degree in Economics from Bo\u011fazi\u00e7i University.<\/i>
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Feyza DEREL\u0130 FEDAR \u2013 Chief Marketing Officer (CMO)<\/h3>\n

Feyza Dereli Fedar has been serving as Chief Marketing Officer (CMO) of PayTR since September 2023. She began her career at PwC T\u00fcrkiye and subsequently held various marketing roles at Garanti Bank and Tofa\u015f. She later joined eBay T\u00fcrkiye \/ GittiGidiyor, where she served as CRM Manager and Digital Marketing Manager before becoming CMO, a role she held for nearly eight years, leading the company\u2019s marketing teams.<\/i>
With extensive experience in marketing strategy, CRM, digital marketing, brand management, marketing communications and corporate communications, Fedar has played key roles throughout her career in strengthening brand equity, driving customer acquisition and loyalty, developing data-driven marketing strategies and supporting sustainable business growth.<\/i>
Feyza Dereli Fedar holds a degree in Business Administration from Bo\u011fazi\u00e7i University.<\/i>
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Tolga \u00d6KMEN \u2013 Chief Operating Officer (COO)<\/h3>\n

Tolga \u00d6kmen joined PayTR as Compliance Director in June 2024 and was appointed Chief Operating Officer (COO) in January 2026. He began his career in 2006 in fraud prevention and investigation at HSBC. He subsequently managed compliance processes at Trend \u00d6deme and served as Risk and Compliance Manager at Paynet.<\/i>
With more than 19 years of experience in the banking and payments industries, \u00d6kmen has extensive expertise in operations management, risk and compliance, fraud prevention and operational process development. Throughout his career, he has played key roles in strengthening risk and compliance frameworks, improving operational efficiency and building secure and sustainable operational structures.<\/i>
Tolga \u00d6kmen holds a degree in Public Finance from Anadolu University.<\/i>
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Yi\u011fit KESK\u0130N \u2013 Chief Financial Officer (CFO)<\/h3>\n

Yi\u011fit Keskin joined PayTR as Finance Director in November 2022 and was appointed Chief Financial Officer (CFO) in December 2025. He began his career at Deloitte and transitioned to the payments and electronic money industry in 2015.<\/i>
With extensive experience in financial management, financial control and reporting, IFRS, regulatory compliance and governance, Keskin has played key roles throughout his career in strengthening financial processes and control frameworks, enhancing reporting standards and ensuring compliance with regulatory requirements. Within the payments and electronic money industry, he has also been actively involved in financial and regulatory processes governed by Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions, as well as regulations and secondary legislation issued by the Central Bank of the Republic of T\u00fcrkiye (CBRT).<\/i>
Yi\u011fit Keskin holds a degree in Economics from Hacettepe University.<\/i>
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Zafer LAT\u0130F \u2013 Chief Product Officer (CPO)<\/h3>\n

Zafer Latif has been serving as Chief Product Officer (CPO) of PayTR since 2021. Having been with PayTR since its founding, Latif has held various responsibilities across the organization and has played an active role in the integration of new technologies, the development and management of payment infrastructure, and the expansion of the company\u2019s product portfolio.<\/i>
With more than 13 years of experience in the payment technologies industry, Latif has extensive expertise in product management, payment systems, product and technology strategy, and regulatory compliance. Throughout his career, he has played key roles in developing and launching new products and payment solutions, as well as managing PayTR\u2019s institutional licensing, compliance with regulations under Law No. 6493, T\u00fcrkiye\u2019s Personal Data Protection Law (KVKK), and PCI DSS requirements. Product initiatives led by Latif have earned PayTR several industry awards.<\/i>
Zafer Latif studied Computer Programming.<\/i>
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Risk Management and Internal Control Unit Managers .<\/span>\n <\/h2>\n

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Burcu ERGEN\u00c7 \u2013 Risk Director<\/h3>\n

Burcu Ergen\u00e7 has been serving as Risk Director at PayTR since March 2022. She began her career at Akbank and subsequently served as Risk Manager at Paratika and Payten. In parallel, she served for three years as Chair of the Security Committee at the Payment and Electronic Money Institutions Association of T\u00fcrkiye (T\u00d6DEB), contributing to initiatives aimed at advancing risk management and security practices across the payments and electronic money industry.<\/i>
With more than 19 years of extensive experience in payment systems regulations, risk management and customer risk assessment, Ergen\u00e7 has played key roles throughout her career in developing and managing risk processes, coordinating risk-related matters with banks, Mastercard and Visa, conducting risk assessments as part of customer onboarding, and developing systematic processes for evaluating high-risk customer applications. She also continues to lead risk assessment activities for new products and projects.<\/i>
Burcu Ergen\u00e7 holds a degree in Business Administration from Ege University.<\/i>
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Tar\u0131k \u00d6ZKAN \u2013 Director of Internal Control<\/h3>\n

Tar\u0131k \u00d6zkan has been serving as Director of Internal Control at PayTR since August 2026. With more than 20 years of experience in banking, financial services and payment systems, \u00d6zkan has held various management positions throughout his career at T\u00fcrkiye \u0130\u015f Bankas\u0131, Fibabanka, Vodafone Finansman and Moka United.<\/i>
With extensive experience in internal control, internal audit, compliance, operational risk, business continuity and information security, \u00d6zkan has played key roles throughout his career in establishing and enhancing effective internal control frameworks for payment systems and financial processes, managing operational risk and business continuity, strengthening information systems controls and ensuring regulatory compliance. He also has extensive experience in managing audit processes conducted by regulatory authorities.<\/i>
\u00d6zkan holds Capital Markets Board of T\u00fcrkiye (CMB) Level 3 and Derivatives Licences, as well as an ISO 27001:2022 Information Security Management Systems Lead Auditor certification. He holds a master\u2019s degree in Cybersecurity from Marmara University.<\/i>
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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