New era in CMB: Who are the names in the new management?

With the Presidential Decree published in today's issue of the Official Gazette, Tax Audit Board Chairman Muhsin Atcı was appointed as the Chairman of the CMB, Financial Crimes Investigation Board (MASAK) Deputy Chairman Ersin Başar Ekmekci was appointed as the Deputy Chairman, and Yasemin Girici was appointed as the Board Member.

The new management gathers three basic areas of surveillance and supervision in the capital market at the same table: financial supervision and examination, fight against financial crimes, macroeconomics and financial market information.

This structure is expected to strengthen the CMB's supervisory capacity in terms of protecting market integrity and strengthening investor confidence.

From the audit of large taxpayers to the CMB

The new President of CMB, Muhsin Atcı, started his 23-year career as an assistant tax auditor in 2003. After serving as revenue controller and tax inspector, Atcı served as Ankara Large-Scale Taxpayers Group President and Vice President of the Tax Inspection Board, and has been heading the Tax Inspection Board since October 2023.

Born in Konya Ereğli in 1979, Atcı graduated from Istanbul University, Faculty of Political Sciences, Department of Public Administration. Atcı, who has a master's degree in development policy at Duke University in the USA, continues his doctoral studies in finance at Ankara Hacı Bayram Veli University.

Ersin Başar Ekmekci stands out with his experience in fighting financial crimes

Ersin Başar Ekmekci, who was appointed as Deputy Chairman, worked for many years in the fields of tax audit and fight against financial crimes. Ekmekci served as department head and vice president at MASAK.

Ekmekci's institutional knowledge in suspicious transaction analysis and the fight against financial crimes is expected to strengthen the CMB's hand against market distortion activities. Ekmekci graduated from Ankara University, Faculty of Political Sciences, Department of Public Administration in 2000, and completed his postgraduate education on Financial Economics at Boston University.

Yasemin Girici has over 20 years of experience in macroeconomics, financial markets and development finance.

Board Member Yasemin Girici has more than 20 years of experience in macroeconomics, financial markets and development finance. Girici graduated from the Department of Economics at Middle East Technical University (METU) in 2001, and completed his Master's degree in Economics in the fields of macroeconomics and development economics at Rutgers University in the USA in 2004.

Girici served as General Director of Economic Research at the Ministry of Treasury and Finance. During the 2023-2026 period, he served as a Director on the Board of Directors of the European Bank for Reconstruction and Development (EBRD), representing Türkiye, Romania, Azerbaijan, Moldova, Kyrgyzstan and Algeria.

Girici, who knows the expectations of international investors closely, is expected to add a global perspective to the Board.

While all three people in the new term of CMB have more than 20 years of professional experience, each of them completed their postgraduate education at reputable universities at home and abroad. The people in question held senior management positions in critical institutions in the fields of public auditing, fight against financial crimes and economic policy.

On the other hand, three priorities expected from the new administration stand out: increasing deterrence in auditing, restoring confidence in the market and protecting investors. The international experience of the staff is also expected to support the harmonization and deepening of Turkish capital markets with global standards.