Graduated from the Semiha Sakir High School of the Istek Foundation, Banu Vargi Tumay received her license degree from the International Relations Department of the Economic and Administrative Sciences Faculty in the Koc University in 1998. She studied Business Administration, Finance and Accounting in the School of Continuing Education and Professional Studies at the New York University (NYU).
She started her professional career as a Marketing and Sales Representative in Penta Tekstil in 1999 and later became the Marketing Director of the said company. She was later appointed as the member of Penta Tekstil’s Board of Directors.
She has been the member of the Board of Directors of MV Holding and its subsidiaries since 2000. She is married and mother of two children.