GarantiBank International (GBI) has launched a structured finance division covering project finance, marine finance, Islamic finance and Dutch corporate business.
Erhan Zeyneloglu has been appointed as executive director of the new business line. For the last six years, Erhan has acted as executive director of credits division at GBI. He has worked for Garanti Bank in Turkey since 1992.
Taking over from Zeyneloglu as executive director of the credits division is Sertac Kanan. In his new position he will lead sovereign, bank and corporate credit functions. He moves from his previous role as head of trade and commodity finance within the trade finance division of Garanti. He started his banking career at GBI Istanbul representative office in 1996, and has worked with the trade finance teams in both Istanbul and Amsterdam.