ABOUT US

Yapı Kredi Invest

As the leading brokerage house in Turkey, Yapı Kredi Invest holds the highest standards in Capital Markets. A joint venture of Turkey’s largest conglomerate, Koç Holding and Europe’s leading financial group, UniCredit; gave way to Koç Financial Services. Yapı Kredi Invest is not only a robust member of this synergy but also majorly owned by Yapı Kredi Bank.

Yapı Kredi Invest provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. Our investment product range includes fixed income, public equities, commodities, derivatives. Additionally we provide corporate finance advisory services with a dedicated team.

At Yapı Kredi Invest, we create tailor-made, accurate and reliable solutions to your financial needs. Serving both institutional and retail clients, our wide range of products combined with experienced staff offer excellence every step along your global investments.

Backed by its state of the art technological infrastructure, Yapı Kredi Invest presents fast and integrated product channels, online trading platforms and real-time access to instant developments in global capital markets.

Here at Yapı Kredi Invest our retail and institutional sales teams always joins forces with our comprehensive research department. Taking advantage of our broad network coverage, our HQ office located in Istanbul and the other nine investment branches throughout Turkey, we are able to reach out a diversified clientele on a daily basis.

Senior Management and Board of Directors

Board of Directors

Chairman: Gökhan Erün

Gökhan Erün earned his undergraduate degree from Istanbul Technical University Department of Electronics and Communications Engineering and his graduate degree from Yeditepe University in Business Administration.

Erün began his career at Garanti Bank Treasury Department in 1994. Between 1999 and 2004, he served as the Senior Vice President of Commercial Marketing and Sales Department. After becoming the CEO of Garanti Pension and Life in 2004, he was appointed as Executive Vice President of Garanti Bank in September 2005. Erün served as the Deputy CEO of Garanti Bank since September 2015, in charge of Corporate Banking Coordination, Treasury, Treasury Marketing and Financial Solutions, Derivatives, Cash Management and Transaction Banking, and Financial Institutions. He also held positions in the Boards of various Garanti Bank subsidiaries.

As of January 2018, Erün has continued his career in Yapı Kredi as Executive Director in Board of Directors and Chief Executive Officer (CEO). In addition, Erün is the CEO of Koç Financial Services and holds positions in the Boards of various Yapı Kredi Group subsidiaries.

Vice Chairman: Niccolò Ubertalli

Niccolo Ubertalli graduated from Politecnico di Torino (Turin, Italy) with a Bachelor’s Degree in Material Engineering in 1996 and received his Master’s in Business Administration from Owen Graduate School of Management at Vanderbilt University (Tennessee, USA) in 2000. During his graduate program, he worked at Teksid Aluminum Foundry as Program Manager and Process Engineer. In 2000, Ubertalli moved to Milan (Italy) and worked at McKinsey as Senior Associate until 2002. Between 2002-2004, he worked at UniCredit Clarima as Director of Major Relations Divisions. Between 2004-2006, Ubertalli worked at MBNA (USA and UK) as First Vice President. Between 2006-2009, Ubertalli relocated to Bulgaria to work at UniCredit Consumer Financing as Chairman and Executive Director. In 2009, he moved back to Italy and continued his career at UniCredit as the Chief of Staff for Group CEO and between 2011-2012, as the Head of Group Consumer Finance. In 2012, he moved to Romania and assumed the position of Deputy CEO at UniCredit Tiriac Bank. During his time there between 2012-2015, he was a Member of Management Board for UniCredit Tiriac as well as Member of Supervisory Boards for Pioneer Investments, UniCredit Consumer Finance Bulgaria, UniCredit Consumer Finance Romania and Ergo Asigurari de Viata S.A. Romania. As of February 2015, Ubertalli has continued his career in Yapı Kredi as Executive Director in Board of Directors and Deputy Chief Executive Officer (CEO). In addition, Ubertalli is the Deputy CEO of Koç Financial Services and holds positions in the Boards of various Yapı Kredi Group subsidiaries.

Albert Angersbach

Mr. Albert Angersbach, graduated from University of Applied Sciences Frankfurt am Main in 2006. He holds a diploma in International Finance and Law. He began his professional career in 2006 as a Corporate and Industry Analyst at UniCredit Bank Austria. In 2007 he joined Deutsche Bank as a Corporate Credit Risk Manager, Assistant Vice President. From 2010 until 2011, Mr. Angersbach worked as Head of Credit Underwriting Vice President, and until 2013 as Chief Risk Officer at UniCredit ATF Bank. In 2013 he assumed responsibility as the Head of Corporate Credit at Unicredit Ukraine. From 2016 until 2018 he worked as the Chief Risk Officer in Zagrebacka banka, UniCredit.
Mr. Angersbach has been working as CRO and as a member of the Executive Committee at Yapı Kredi since August 2018. Mr. Angersbach is also a member of the Board of Directors of certain domestic and foreign subsidiaries of Yapı Kredi.

Massimo Francese

Mr. Francese, 53, graduated from the Department of Economics at “Università Cattolica del Sacro Cuore” in Milan (Italy) in 1990. He joined “Credito Italiano” bank in 1991 as Customer Relationship Manager, then he experienced different positions in Organisation, Planning and Control functions. In 2005, he became Head of Group Planning at UniCredit. He continued his career at UniCredit Family Financing Bank S.p.A between 2007 and 2010 as Chief Financial Officer. In November 2010, he moved to UniCredit S.p.a. as Head of Value Management & Planning for Consumer Finance business until 2012. In 2012, Mr. Francese assumed the position of CEO and Chairman of the Management Board in UniCredit Consumer Financing EAD in Sofia (Bulgaria) where he worked until the February 2016.He has been appointed as Chief Financial Officer and Member of the Executive Committee at Yapı Kredi Bank A.Ş. as of March 1st, 2016.

Saruhan Yücel

Saruhan Yücel earned his undergraduate degree from Istanbul University Department of Business Administration and his graduate degree from University of Illinois in Business Administration. Yücel started his career at Koçbank in fund Management Department in 2000. Following his role as Securities Portfolio Manager, between 2002 and 2003, in Yapı Kredi Portfolio in Investment Funds Management Fixed Income department, between 2003 and 2018, he worked as FX and Money Markets Senior Dealer, FX Markets Vice President, Fixed Income Securities Vice President and Balance Sheet Management and Fixed Income Securities Executive Vice President in Yapı Kredi Bank. Following June 2018, he continued his career as Treasury Management Assistant General Manager. He is also Member of the Executive Committee at Yapı Kredi Bank.

Yılmaz Arısoy

After graduating from Boğaziçi University Industrial Engineering Department, Yılmaz Arısoy began his career at Koç Holding A.Ş. Finance Group in 1997. He received his MBA degree from Cornell University Johnson Business School and also had corporate finance experience at Lehman Brothers in New York. Later on, he had managerial duties in Investment Banking at UBS Investment Bank in New York and in Retail Banking and Credit Cards at Capital One Bank in Virginia. Upon returning to Turkey in 2006 to work as the Head of MIS and Business Planning Group at Yapı Kredi Bank, Mr. Arısoy was appointed as the Chief Financial Officer at UniCredit Bank Slovenia within the Central Eastern Europe Division of UniCredit Group in 2010. Mr. Arısoy joined Yapı Kredi Yatırım in 2014 and worked as an Assistant General Manager (EVP) in charge of Finance and Operations. Mr. Arısoy has been working at the CEO and member of the Board of Directors since January 2019.

Auditor : PwC Bağımsız Denetim ve S.M.M.M. A.Ş.

General Manager: Yılmaz Arısoy

After graduating from Boğaziçi University Industrial Engineering Department, Yılmaz Arısoy began his career at Koç Holding A.Ş. Finance Group in 1997. He received his MBA degree from Cornell University Johnson Business School and also had corporate finance experience at Lehman Brothers in New York. Later on, he had managerial duties in Investment Banking at UBS Investment Bank in New York and in Retail Banking and Credit Cards at Capital One Bank in Virginia. Upon returning to Turkey in 2006 to work as the Head of MIS and Business Planning Group at Yapı Kredi Bank, Mr. Arısoy was appointed as the Chief Financial Officer at UniCredit Bank Slovenia within the Central Eastern Europe Division of UniCredit Group in 2010. Mr. Arısoy joined Yapı Kredi Yatırım in 2014 and worked as an Assistant General Manager (EVP) in charge of Finance and Operations. Mr. Arısoy has been working at the CEO and member of the Board of Directors since January 2019.

Domestic Sales and Marketing Assistant General Manager: Hakan Yolcu

He graduated from Istanbul University Faculty of Economics he began as investment advisor in Yapı Kredi Yatırım. He continues his career as Domestic Markets Sales and Marketing Executive Vice President since 2013.

Hakan Yolcu who has Master’s degree in Istanbul University Department of Economic Theory has 20 years of active experience in the financial sector.

Financials

Activity Reports

Financial Tables and Independent Audit Reports

    Older Financial Tables and Independent Audit Reports

    Our Certificates of Authority

    "According to Capital Market Law No. 6362, our Company applied to Capital Markets Board for renewal of its authorization certificates. According to Communiqué On Principles Regarding Investment Services, Activities And Ancillary Services, No. III-37.1, it is resolved for our Company to be classified as a "broadly authorized intermediary institution" and authorized to perform investment services and activities listed in the attached file."

                           

    Yapı Kredi Yatırım Menkul Değerler A.Ş. Services and Activities Authorization Certificate

    Activity of Reception and Transmission of Orders

    Domestic

    Abroad

     

      Shares

    -

    -

      Other securities

    -

    -

      Leveraged FX

    -

    -

      Equity derivatives

    -

    -

      Equity index derivatives

    -

    -

      Other derivatives

    -

    -

    Activity of Execution of Orders

    Domestic

    Abroad

      Shares

    Authorized.

    Authorized.

      Other securities

    Authorized.

    Authorized.

      Leveraged FX

    -

    -

      Equity derivatives

    Authorized.

    Authorized.

      Equity index derivatives

    Authorized.

    Authorized.

      Other derivatives

    Authorized.

    Authorized.

    Activity of Dealing on Own Account

    Domestic

      Shares

    Authorized.

      Other securities

    Authorized.

      Leveraged FX

    Authorized.

      Equity derivatives

    Authorized.

      Equity index derivatives

    Authorized.

      Other derivatives

    Authorized.

    Activity of Individual Portfolio Management

    -

    Investment Advisory Activity

    Authorized.

    Activity of Intermediation for Public Offering

    -

      Underwriting

    Authorized.

      Best Effort

    Authorized.

    Custody Service

      Limited Custody Service

    Authorized.

      General Custody Service

    -

    Company News

    FITCH ASSIGNS HIGHEST RATE TO YAPI KREDİ INVEST

    International credit rating agency Fitch Ratings assigns Yapı Kredi Yatırım (YKInvest) AAA (tur), the highest national rating. This is the first time Fitch Ratings has rated the leading securities and capital markets institution in Turkey.

    In a recent statement on the factors that contributed to the rating, General Manager of YK Invest Gülsevin Çipli referred to the integration of the organization as a subsidiary to Yapı Kredi, one of the largest banks in Turkey:

     

    "We at YK Invest offer a wide range of services including domestic sales, derivative instruments, corporate sales, international markets, research and capital markets consultancy. We draw a lot of strength from our strong bond with Yapı Kredi, which allows us to reach the entire country thanks to its wide branch network. We will continue to work at the same level of dedication to sustain our success and manifest how robust our decisions are."

     

    Çipli pointed out to the well-established and widespread distribution network as well as the strong financial structure of YK Invest as decisive elements in the Fitch rating. Her statement was as follows: "YK Invest is one of the biggest intermediary firms in Turkey with a total asset size of TL 3.4 billion. As of the first half of 2015, our equity amounts to TL 457 million, the highest singular level in the industry."

     

    Load More
    Back To Top