Our People
Hakan Barut

Risk Management Advisor
Hakan Barut is an executive advisor of Banks and Corporations; with a professional career of over 40 years in banking and management services. After graduating from Middle East Technical University Department Of Economics Ankara, he started his career in 1982 at Isbank which is the private biggest Bank in the country and in his 28 years of active banking career; he managed the loans, risk, legal departments, assets and debt portfolio and health group, retail banking and international offices of the bank.
In 8 years career at Loans Department, he restructured the department on sectoral basis, he implemented the “Country Risk Evaluation Program” of Isbank and monitored the risks of the clients abroad including but not limited to; Iraq, Libya, Saudi Arabia and Pakistan. He prepared financial packages with tier-1 financial corporations such as JP Morgan, AMEX and setup new risk evaluation system for the commercial loans department.
​In 1997, Mr. Barut became the Head of Consumer Loans Department of the Bank, rebuilt the department set up new lending strategy and customized loan packages for automotive finance by making agreement with tier-1 clients like Renault, Ford, Mercedes, BMW.
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Then, Mr. Barut was given the charge of the largest branches of Isbank between 1999 and 2006. While he was the head of the biggest commercial and retail sale point of Isbank, Mr. Barut extended credits for the projects of the biggest construction, retail, energy and military defense companies in Turkey.
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In the meantime, Mr. Barut took the charge of Bayek Hospitals and Health Center of the Bank as Executive Chairman and restructured this group by managing the health insurance risk of over 120,000 patients of Is Bankers, also he established the new management team to modernization of hospital technology.
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After he assigned as Deputy CEO of the Bank, he monitored the reorganization project, “Customer Oriented Change Program”, of the Bank between 2006-2011 together with IBM, Mercer and Accenture;
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While working as Deputy CEO of Isbank, Mr. Barut monitored Problem Loans, Legal Counselling and Legal Works and Financial Analysis & Information departments. Within the scope of the program, Mr. Barut restructured the organization by dividing the risk portfolio into corporate and retail groups. Mr. Barut established the asset management company of Isbank and made the first large sale of bad debt portfolio of the Bank.
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Throughout his active banking career he monitored the risks related to the bank guarantees dealing with the projects and also arbitrary operations in many European, African and Gulf countries.
Furthermore, Mr. Barut managed the international branches of Isbank and credits to many signature commercial projects Ä°n these countries.
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He managed the key subsidiaries of the bank as the executive board member. During his career, Mr. Barut has worked as a Board Member of Arab Turkish Bank, Asmaş Iron and Steel Co, Bayındır Hospitals and Health Services Co, Isbank GMBH Germany, Isbank Factoring Co., Efes Asset Management Co.
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He joined the management program at University of Manchester, UK and “The Executive Program” for the C level managers of the global companies and banks from 22 countries at University of Virginia, USA.
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Since 2011, Mr. Barut is acting as an executive advisor in banking, risk and management services outside Isbank. In the last 13 years of his professional career; he acted as Chairman of Kentbank d.d. at Croatia, Chairman of Kent Factoring. He restructured credit and risk departments of Near East Bank Cyprus and foresee risk & credit projects of other major clients Ä°n Turkey. Mr. Barut is still continuing his services to banks and corporations. In 2024, Mr. Barut co-founded KeyProactive to continue his advisory services under a bigger umbrella.