Garanti BBVA reshuffles audit committee with new member

Published 18/04/2025, 11:04
Garanti BBVA reshuffles audit committee with new member

ISTANBUL - Turkiye Garanti Bankasi (IS:GARAN) A.S. (TGBD), a prominent Turkish bank, announced a change in its Audit Committee’s composition. The bank’s Board of Directors meeting on Monday resulted in the appointment of Pablo Alfonso Pastor Muñoz as a new member of the Audit Committee. He replaces Jorge Saenz-Azcunaga Carranza, who previously held the position.

The Audit Committee, which plays a crucial role in overseeing the bank’s financial reporting and audit processes, now comprises Ebru Ogan Knottnerus and Pablo Alfonso Pastor Muñoz. This committee is integral to ensuring the accuracy and integrity of the bank’s financial statements, and its members are tasked with providing independent oversight of the bank’s internal and external auditors.

The change in the committee’s membership is part of the bank’s ongoing governance and oversight efforts. The bank’s statement affirmed adherence to the principles included in the Board’s Communiqué, Serial II Nr.15.1, emphasizing that the information provided reflects accurate records and documentation.

This announcement is based on a press release statement and is intended to inform the investment community of the latest governance changes within Garanti BBVA (BME:BBVA). The bank has confirmed that the details shared are in line with its official records and has taken responsibility for the accuracy of the declarations made.

The Turkish version of the announcement will take precedence in the event of any contradiction between the Turkish and English versions. Garanti BBVA’s commitment to transparency and regulatory compliance is underscored by this disclosure to the investment community and relevant regulatory bodies.

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