After recieving BS degree in Mechanical Engineering (1980) and an MBA from Columbia University, New York, (Finance and International Business – 1983), Tayfun Bayazit started his banking career at Citibank in 1983. He subsequently worked in executive positions within Cukurova Group for 13 consecutive years (Yapi Kredi as Senior EVP and Executive Committee Member, Interbank as CEO, Banque de Commerce et de Placements S.A. Switzerland as President and CEO). In 1999, he was appointed as Vice Chairman of Dogan Holding and an Executive Director of Disbank. In 2001 he assumed CEO position at Disbank. In 2003 he was also appointed Chairman and was requested to remain as CEO of Fortis Turkey and the region in July 2005 after acquisition. Consequently he was elected as Chairman of Fortis in 2006. Bayazit came back to Yapi Kredi in 2007 (UniCredit Group and Koc Holding JV this time) as CEO and two years later he was elected as Chairman. Mr. Bayazıt left this post in August 2011 to set up his own firm “Bayazit Consulting Services”. Mr. Bayazit serves as independent board member at TAV, Migros and Dogan Holding and as Chairman of Marsh & McLennan Group (Marsh, Mercer and Oliver Wyman) Turkey. He is Vice Chairman of TUSIAD (Turkish Industrialists and Businessmen Association) and takes active role in various other non- governmental organizations such as Corporate Governance Association of Turkey, EMBARQ Turkey and Turkish Education Volunteers Foundation (TEGV). August 2013.