Graduate School of Business

Teoman KERMAN

Born in 1955, Teoman Kerman received his graduate degree in Economics from University of Hacettepe, Turkey, in 1980 and post graduate degree in Project Planning and National Development from University of Bradford, UK, in 1982.

Teoman began his career at the Turkish Undersecreteriat of Treasury, (Treasury) where he held many senior level positions including Deputy Undersecretary, in 1980. He served as Deputy Economic and Commercial Counsellor at Washington Embassy and as Acting Executive Director of Asian Development Bank, Philippines, for three years in each position.

In 1997, he joined Turkish Eximbank as Executive Vice President. Same year, he returned back to Treasury as General Director of Insurance, which is the state institution responsible for regulation and supervision of the Turkish insurance sector.

In 2000, he was appointed as the Vice President of the newly established Banking Regulation and Supervision Agency (BRSA). Teoman also was a Board Member of Savings Deposit Insurance Fund (SDIF). He served in both of these positions for three years.

He also served as Chairman of the Board of three Insurance Companies on behalf of SDIF in 2002 and 2003.

He retired in 2005 and the same year set up KDM Financial Consultancy Company.

He has been a board member of Finansbank A.S. since April 2013 and was appointed as Chairman of Finansbank Audit Committee in May 2014.

Serving as a board member of Bahçeşehir University’s Graduate School of Business, Teoman aims to help introduction of programs for the education of students who are interested in working in financial sector and in finance departments of real sector.

Teoman worked for the state for 25 years between 1980 and 2005. During this period, he was heavily involved in making the banking sector reform between 1999-2003. Furthermore, during his term as General Director of Insurance at Treasury, he was a part of the team who initiated the overseas training program for actuaries. The program covered Social Security Institutions and professionals at Treasury and helped Middle East Technical University and Hacettepe University to improve their departments on actuarial science.

Teoman speaks fluent English, loves animals and Fenerbahçe is his main interest.