Management Boardremember

İşbank AG, as a wholly owned subsidiary of Türkiye İş Bankası A.Ş., can look back with pride on a long tradition as well as a strong impact on the market since its establishment in 1932. From the outset, the aim of the institution has been to promote economic exchange between Turkey and Europe. The bank has always seen itself as a professional, reliable service provider for its clients. The success of this partnership is evident not only in an increasing number of satisfied customers, but also in the positive development of İşbank AG itself. Such growth would not have been possible without the outstanding commitment of our employees and previous management board.

As the management board we are pleased to become part of this success story and to have the opportunity to shape the bank’s future from a directorial level. We very much look forward to working with all our customers and employees.



Ünal Tolga Esgin

Born in Ankara/Turkey in year 1974, Ünal Tolga Esgin finished studying econometrics at the faculty for economic and management sciences at Gazi University. He began his career at Türkiye İş Bankası A.Ş. in 1998 as Assistant Auditor in the department of Internal Audit. In 2004 he was auditor and between the years 2007 – 2010 he worked as Assistant Director – in turn – in the 1. regional directorate Istanbul, regional directorate for branch operation in Şişli/Istanbul and in the sales department for retail customers at the head office. In 2010 he was promoted as director of the sales department for the retail banking.  

Ünal Tolga Esgin, who has been working as Deputy General Manager from 2013-2017 at İşbank AG, and as a member of the Board of Management from October 2017, was appointed Chairman of the Board of Management on 5 November 2018. He is married and has a son.


Franz Hakan Elman
Member of the Management Board

Born in Vienna in 1960, Franz Hakan Elman has a degree in International Relations from Bosphorus University, Istanbul. He started his career at Yapı Kredi Bankası A.Ş., Istanbul as MT in International Business and Treasury.

In 1993 he came to Germany and worked at Yaşarbank GmbH, Berlin as Head of Operations and Treasury. He completed his master's degree at the TU Berlin in the field of economics / political science. In 1997 he moved to Demir-Halk Bank N.V., headquartered in Dusseldorf, where he was Country Manager for Credit, Operations, Retail and the 8 branches. In 2002, he took up his position at Oyak Anker Bank GmbH as Managing Director, responsible for the market units.

In 2005, he joined Aareal Bank AG, Wiesbaden as Department Manager of Credit Risk Management, responsible for South / East Europe. Here he was mainly responsible for the structuring and execution of international large-volume project financing. In 2008 he moved to Eurohypo AG, Eschborn as Senior Credit Analyst for project financing in Germany and abroad and later as Head of the Representative Office Turkey, Istanbul.

In 2012, he started at Akbank AG, Frankfurt, initially as Division Manager Retail Banking and Operations. In January 2013, he was appointed as a member of the Executive Board.

Mr. Elman is a member of the Management Board of İşbank AG since August 1, 2018. He is married and has a son.