Aydın’s intentions had been known for some
time by coworkers and the changes were not unexpected as he had been
trying for some time to transfer colleagues from Halk Bankası, where he
used to work before taking the helm at Ziraat Bankası. He had faced
resistance from the bank’s administration board for some time but Aydın
recently countered this by presenting an ultimatum with the threat of an
extraordinary meeting. The administration board then approved his
decision this past week.
The Ziraat Bankası directors were notified in writing of their
terminations on Tuesday evening. The written notifications revealed the
extent of the operation and the large number of terminations did come as
a surprise. Of the 13 assistant general managers, 11 were dismissed
from their positions and two were transferred to other positions. The
directors who lost their jobs were appointed to an advisory board.
Aydın took up the position of general manager at Turkey’s biggest
public bank following the resignation of Can Akın Çağlar in July. Aydın
is also currently the head of the Turkish Banks Association (TBB), a
position he filled following former head Ersin Özince’s resignation in
early April. Ziraat Bankası extends loans to farmers at low interest
rates as part of the government’s policy to support agriculture in the
country.