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Erdal Ersoy is a seasoned banking executive with extensive experience in financial accounting, strategic planning, and risk management. He has held senior positions in leading financial institutions, including Halkbank A.S, United Textile Inc., Saudi American Bank-Turkey, Citibank, N.A. - Turkey, Pamukbank A.Ş., and Akbank T.A.S. - Istanbul, Turkey.

Experience

  • Halkbank A.S
    • Ankara, Turkey
    • Assitant General Manager
      • Jul 2002 - May 2008
      • Ankara, Turkey

      Senior Financial Controller directly reporting to General Manager supervising Central Accounting Unit, Strategic Financial Planning & Budget Unit and Subsidiary Monitoring Unit.Established and maintained various profitability (MIS) reports and the performance monitoring system for branches. Developed back-ups for all positions and followed up on their training sessions, seminar for promoting the corporate culture and team spirit.Gained significant experience in merger and acquisitions and played a major role in Halkbank and Pamukbank merging process. He was one of key participants at the initial IPO practice of Halkbank.

  • United Textile Inc.
    • Istanbul, Turkey
    • Chairman - Owner
      • May 1997 - May 2002
      • Istanbul, Turkey

      Planned, directed and coordinated operations of United for 4 years. Developed strategic plan that supported operations, financial goals and growth. Set strategic direction, based on customer demand and penetration, coupled with company goals.

    • Deputy General Manager (SVP)
      • Oct 1992 - May 1997

      Reporting To: General Manager Main Tasks and Responsibilities: Senior Country Operations Officer, Senior Financial Controller, Head of Retail and Transactional Banking. Saudi American Bank "SAMBA" was a subsidiary of Citibank, N.A. A member of Credit Committee. Managed an initial capital of 20 million USD. Managed and prepared the balance sheet of 200-300 million USD (Offshore books excluded). Lead nine direct reports: Financial Control Unit, Human Resources, Data Center, Administration, Internal Control Unit, Cash and Tellers Area, Commercial Credits Area, Treasury Operations Unit, Retail & Transaction Banking Unit. Jointly with the General Manager build strategies for the short - long term financial objectives of the institution, tracked their day-to-day performance and if necessary made needed re-structuring according to the new developments.

    • Assistant General Manager (VP)
      • Feb 1986 - Oct 1992

      Reporting To: General Manager Main Tasks and Responsibilities: Senior Country Operations Officer, Senior Financial Controller. Worked on local corporate and income taxes and profit remittances to the headquarters. Established and maintained all product profitability reports and MIS systems. Regularly developed back-ups for all positions and followed up on their training sessions, seminar for promoting the corporate culture and team spirit. On a monthly basis made corporate and income tax calculations to maximize branch profitability by minimizing taxes. Following are my title changes in Saudi American Bank. Promoted to Deputy General Manager (VP) on 10/1992 Promoted to Assistant General Manager (VP) on 10/1988 Joint Samba as Senior Manager (RVP) on 02/1986

  • Citibank, N.A. - Turkey
    • Istanbul, Turkey
    • Manager
      • Apr 1983 - Feb 1986
      • Istanbul, Turkey

      Reporting to: Senior Country Operations Officer (VP) Main Tasks and Responsibilities: Lead three direct reports: Commercial Credits Department Head, Cash and Tellers Department Head, Treasury Operations Department Head.

  • Pamukbank A.Ş.
    • Istanbul, Turkey
    • Assistant Branch Manager (2.ci Müdür)
      • May 1981 - Apr 1983
      • Istanbul, Turkey

      Reporting to: Branch Manager Main Tasks and Responsibilities: Commercial Credits Department Head Foreign Currency Related Transactions Department Head Managed twelve direct reports.

    • Chief Department Head
      • Jul 1975 - May 1981
      • Istanbul, Turkey

      Reporting to: Branch Manager Main Tasks and Responsibilities: Commercial Credit Department Head Foreign Currency Related Transactions Department head Managed eight direct reports. During this assignment, I have completed my compulsory military service 1979-1980.

Education

  • 1987 - 1991
    Anadolu Üniversitesi Eskişehir, Turkey
    Bachelor of Arts - Studies in Economics
  • 1974 - 1977
    Marmara Üniversitesi Istanbul, Turkey
    Bachelor of Arts - Studies in English Literature
  • 1973 - 1974
    Kadikoy Maarif College Istanbul, Turkey
    High School or GED - High School or equivalent
  • 1971 - 1973
    JFK American School of Naples - Italy
    High School or GED - High School or equivalent

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Industry Focus. “Banking and Financial Services”

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