Mutlu Akpara

* Responsible from all Treasury and FI related activities, products and services. Reporting to the CEO of the Bank and Group Head of Treasury and Investments of Burgan Bank Kuwait
* Departments under responsibility:
o Trading: Taking and managing risks in cash and derivatives in fx and fixed income markets.
o Treasury Sales: Distributing a wide range of FX and Interest rate spot and derivative products mainly to Corporate and Commercial Customers of the Bank.
o ALM, Cash-flow & Liquidity Management of the Bank: Quoting FTPs for Corporate and Retail loans, deposits and other b/s items to Business Units. Managing interest rate gap and liquidity risks of the balance sheet.
o Financial Institutions: Conducting correspondence relationships with banks and international financial institutions and supervising borrowing activities in international wholesale markets via syndication, trade financing and bilateral loans.

*Responsible for proprietary trading activities covering Turkish Lira foreign exchange, fixed income and interest rate derivatives of Standard Bank London.
* Priced Turkish Lira interest rates, covering TRY local bonds and interest rate swaps.
* Prop traded within the house in Turkish Sovereign and CDS market, TRY options; CEE4, South African and G7 currency and fixed income markets.
* Joined the client visits with the sales force in order to enlarge the customer network by offering structured products in accordance with their financial needs.
* Prepared and delivered the daily calls and trading strategies for plain or structured Turkish Lira products to the sales teams in

-Managed the Treasury Department with 45 employees, responsible for all treasury related activities and products, reported to the Executive Vice President and CEO of the Bank.
-Managed the Bank’s Local Currency Fixed Income Portfolio (within $2-3 billion in size), Foreign Currency Fixed Income Portfolio (within $1.2-1.5 billion in size), Currency Risk Exposure (around $250 million in size).
-Desks & Units under responsibility:
o Money Markets: Cash-flow & Liquidity Management of the Bank, providing Corporate & Retail Loan Base Rates to Sales Network of the Bank.
o Foreign Exchange Markets: All Currency Transactions of the Bank, Currency Trading, Trading Portfolio, Managing Currency Transactions of the Branch Network which has more than 400 branches, (2004 year to date volume: $16 billion in spot, $8 billion in swap, $25 billion thru Branches & Corporate Transactions, nearly 12% of Turkish Currency Markets).
o Local Fixed Income Markets: Managing the Local Currency Fixed Income Portfolio of the Bank (2004 average size $2.2 billion, 2004 year to date trading volume: $36 billion, the largest volume among Turkish Banks).
o International Fixed Income Markets: Managing the Foreign Currency Fixed Income and Eurobond Portfolio of the Bank (2004 average size $1.3 billion), managing the Branch Network Transactions.
o Treasury Marketing Unit: Managing Direct Sales and Marketing of all Treasury Products to very selective corporate clients.
o Mutual Funds Unit: Managing Sales and Marketing of the Bank’s Mutual Funds to clients thru its Branch Network (2004 average size $1.2 billion).
o Deposits Unit: Managing the Bank’s Client Deposit Portfolio thru its Branch Network of over 400 branches (existing TRL and FX deposits $9.5 billion in total).
-A member of Asset & Liability Committee (ALCO), Managing $15 billion assets & liabilities (4th Largest Balance Sheet in Turkish Private Banking System).
-Participated client visits with Retail Sales and Marketing Departments of the Bank for marketing of all treasury related products to retail and corporate customers.
-Represented the Bank in Turkish Treasury Primary Dealership Committee and in TRLIBOR Committee established by Turkish Banking Association.