İpek Kıraç graduated from Koç Private High School in 2002 and from Brown University Department of Biology in 2007. Since March 2012, she has been Chairwoman of the Board of Directors of Sirena Marine Maritime Industry and Trade Inc.. İpek Kıraç is also Founding Member of the Board of Suna and İnan Kıraç Foundation. Kıraç is a Member of the Board of Directors of Vehbi Koç Foundation, Temel Trade and Investment Inc., American Hospital (Moment Health Services Trade Inc.), Zer Central Services Inc., Arçelik Marketing Inc., Setur Service Touristic Inc. and Educational Volunteers Foundation of Turkey (TEGV).

In addition, Kıraç continues to work as the Chairwoman of the Board of Directors of Koç School and as a Member of the Board of Trustees of Educational Volunteers Foundation of Turkey (TEGV), Galatasaray Education Foundation (GEV) and Koç University.

She has been a Member of Koç Holding Board of Directors since 2016.