Sule Topcu Kilic

Director, Head of Energy Eurasia, covering Türkiye, Caucasus, Central Asia & Mongolia

European Bank for Reconstruction and Development (EBRD)

Sule Topcu Kilic is the Director, Head of Energy Eurasia, covering Türkiye, Caucasus, Central Asia & Mongolia at the European Bank for Reconstruction and Development (EBRD) since May 2025. She has joined EBRD in 2014 as the Deputy Head, Türkiye  responsible for infrastructure and energy sector, reporting directly to the Managing Director, Turkiye &Caucasus.

Sule Kilic has over 29 years of experience working on a variety of projects in project finance, financial advisory, M&A, private equity, bank acquisition. 

During the last 19 years of her career, she took an active leading role in the development of BOT and PPP models in Turkish Transportation and Social Infrastructure Projects in Turkey, by taking a leading role in the preparation of legal framework and introduction of financing related regulations as well as  the structuring and negotiations of the template Project Agreements with the relevant governmental authorities (including Ministry of Transportation, Ministry of Health and Turkish Treasury). She also took an active role in the coordination of various stakeholders’ efforts to develop the project financing models to achieve the successful finalization of the projects in Turkish PPP Healthcare Programme as well as Transportation BOT programme.

Before joining the EBRD, Sule has spent six and half years at Unicredit Group, most recently as Managing Director leading project finance activities for the Investment Banking Platform in Turkey. 

Prior to Unicredit, Sule held an array of Directorships and Vice Presidencies in project and structured finance, private equity in organisations such as Bayerische Hypo und Vereinsbank (Istanbul), Garanti Bank (Istanbul), Emporiki Private Equity (Athens & Istanbul), CitiBank (Istanbul) and Privatisation Administration (Ankara).  

Sule is a Turkish national with a PhD in Finance from Boğaziçi (Bosphorus) University, a Master’s (MBA and MSc) degree from Manchester School of Management (UMIST) (with distinction degree) and BSc in Industrial Engineering from Istanbul Technical University (ITU). She is born in 1970 in Gaziantep. She is married and has 2 children.