PRIVATISATION – WHAT'S NEXT 13 May 2013 - CASE

13 May 2013, WarsawPRIVATISATION – WHAT’S NEXTCORPORATE GOVERNANCE REFORM IN STATE OWNED BANKSIN TURKEYSelim YesilbasDirector General of State-Owned Enterprises, TurkeyMr. Selim YEŞİLBAŞ was born in 1970 in Çorum. He completed his studies in Department ofFinance at the Faculty of Polical Sciences in Ankara University in 1993. During the period1998-2000, he studied at the University of Illinois at Urbana Champaign in USA and earned hismaster of science degree in Economics Policy (MSPE).He started his professional life in 1994 as an associate expert at the Directorate General ofPublic Finance at The Undersecretariat of Treasury and Foreign Trade. Aer 1995, he workedat Directorate General of State-Owned Enterprises (SOE’s) as an associate expert, expertand head of division. He worked especially on investment and financing programs, financialmonitoring and debt management of SOE’s.Between 2004-2008, he worked as an Advisor to the Execuve Director at the World Bank. InOctober 2008, he was appointed as head of the Internaonal Capital Markets Department atDirectorate General of Foreign Economic Relaons. He carried out tasks such as conducngrelaons with credit rang agencies and investors and issuing Eurobonds. Since February 2010,he is working as the Director General of State-Owned Enterprises.The Undersecretariat of Treasury of the Republic of Turkey is an instuon accepted asa pioneer in ensuring economic development and as a model in instuonal governance.Its mission is to manage public financial assets and liabilies, to regulate, implement andsupervise economic, financial and sectoral policies, and to ensure the coordinaon ofinternaonal economic relaons in cooperaon with all economic actors in a transparent,accountable and efficient way in order to contribute to the development of Turkey.31Corporate governance reform in state owned banks in Turkey