20th Ordinary General Meeting

The 20th Ordinary General Meeting was held on 3 September 2020 with the participation of Prof. Dr. Göksel Aşan, President, Presidency of the Repuclic of Turkey Finance Office; Ali Fuat Taşkesenlioğlu, Chairman, Capital Markets Board of Turkey; Prof. Dr. Erişah Arıcan, Chairperson, Borsa Istanbul; M. Hakan Atilla, CEO, Member and Acting Chairperson, Borsa Istanbul at the time. The opening speeches were delivered by Alp Keler, Ph.D., CFA President of TCMA and Ali Fuat Taşkesenlioğlu President of the Capital Markets Board. After the opening speeches, the meeting agenda was discussed, and elections were held for members’ seat on the Board of Directors and Board of Auditors, whose terms of office expired as per the Association’s Statute. At the Board of Directors meeting, Tevfik Eraslan and İbrahim Halil Öztop have been elected as the Chairperson and Vice Chairperson of the Association, respectively.


The new TCMA Board of Directors & Auditors and Discipline Committee, are as follows:

Board of Directors
Erhan Topaç – Gedik Investment
Esen Pamir Karagöz – QNB Finansinvest
Mustafa Selim Yazıcı – TEB Yatırım Menkul Değerler
Serdar Sürer – Halkbank
İbrahim Halil Öztop – Development Investment bank Of Turkey
Tevfik Eraslan – İş Asset Management
Alim Telci – RE-PIE Real Estate and Venture Capital Portfolio Management Company
Hakan Gedikli – Emlak Konut Real Estate Investment Company Inc.
Encan Aydoğdu – Turkish Appraisers Association
Şule Korkmaz, Ph.D. –Independent Board Member
Taliye Yeşilürdü – Independent Board Member


Auditors Committee
Ekrem Kerem Korur – Phillip Capital Menkul Değerler 
Yılmaz Arısoy – Yapı Kredi Invest
Cemil Cem Önenç – Denizbank 
Murat Onuk – Arz Portfolio
İhsan Gökşin Durusoy – Akiş Real Estate Investment Trust

Discipline Committee
Erkan Ünal – Oyak Yatırım Menkul Değerler 
Ömer Eryılmaz – Yatırım Finansman Securities
İzzet Şahin – Anadolubank
Muammed Emin Özer – Albaraka Portföy Yönetimi 
Nazlı Yılmaz – Doğuş Real Estate Investment Trust



Publications- Peer-Reviewed Journal

TCMA’s newest peer-reviewed publication “Journal of Capital Markets Studies (JCMS)” is published by Emerald Group Publishing. The aim of the  JCMS is to publish high-quality research in the areas of economics and finance with a specific focus on capital markets. The Journal proposes to arm its readership with the latest research and commentary in all areas associated with the capital markets. The journal also intends to explore the interface between academic research and practical application by disseminating new research findings alongside articles related to everyday professional practice.

For further information and submitting papers to JCMS please see.

You can view the Journal’s issues

Turkish Capital Markets 2019 Annual Review

You can reach “Turkish Capital Markets 2019 Annual Review” here.

Turkish Capital Markets 2016 Annual Review

You can reach “Turkish Capital Markets 2016 Annual Review” here. 

Turkish Capital Markets Summit

Guideline on Classification of Mutual Funds

You can reach “Guideline on Classification of Mutual Funds” here.

You can reach “Handbook of the Turkish Capital Markets” here…

You can reach “Guideline on Classification of Mutual Funds” here.