Ordinary General Assembly Meeting of VakıfBank for 2024 was held on April, 25th, 2025, at 10:00 am at VakıfBank Head Office located in Istanbul Finanskent Mahallesi Finans Caddesi No:40/1 Ümraniye and the following resolutions have been taken in the General Assembly Meeting;
- Auditors' Report and 2024 Financial Statements have been approved by the majority of the votes,
- Board members have been discharged relating to the activities of the Bank during the year of 2024,
- Board of Directors' proposal regarding the usage of 2024 profit and the amount of profit to be distributed have been approved,
- About election of the board, below mentioned board members selected by the majority of the votes:
Mr. Mustafa Saydam, Mr. Abdi Serdar Üstünsalih have been and Mr. Vedat Demiröz (as Independent Board Member) has been elected for three years.
Mr. Adnan Ertem has been elected,
Mr. Şahin Uğur (as Independent Board Member) and Mr. Haydar Kemal Kurt have been elected for three years.
Mr. Halil Çelik (as Independent Board Member) has been elected for three years,
- Board Members without representing any class:
Mr. Sadık Yakut and Mr. Cemil Ragıp Ertem have been elected,
- Mr. Mehmet Emin Baysa and Mr. Hasan Türe have been elected to the Audit Board,
- While net salary of Board members who has a duty in public service has been determined as TL 59,510 per month and net salary of Board members who do not have any duty in public service has been determined as TL 106,950 per month.
- Net salary of Audit Board members who has a duty in public service and Audit Board members who do not have a duty in public service has been determined as TL 48,300 per month
- Board members have been authorized to conduct business with the Bank in accordance with Articles 395 and 396 of the Turkish Commercial Code without prejudice to the provisions of the Banking Law
- As per Turkish Commercial Code and capital markets legislation, Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. (Ernst&Young) has been elected as the independent audit company of the Bank for the financial year of 2025.
- The share buyback program was approved by majority vote, and the Board of Directors was authorized to repurchase the Bank's own shares under the buyback program.
- Information was provided to the General Assembly regarding the total donations and contributions amounting to TL 1,137,532,715.28 made for scholarship, educational, and social purposes in 2024 based on the decision of the Board of Directors.
- Shareholders have been informed regarding the sustainability activities of the Bank.