Deputy Chairman of the regulator Fatih Karahan has been appointed head of the Turkish Central Bank – Kommersant

Turkish President Recep Tayyip Erdogan appointed Deputy Chairman of the Central Bank Fatih Karahan as head of the regulator, reports “Anadolu”. Hafize Gaye Ercan left from the post of head of the Central Bank due to a campaign organized against her to undermine her reputation.

Mr. Karahan was born in 1982 in Eskisehir. He received his master’s and doctorate degrees in economics from the University of Pennsylvania in the USA. He worked at the Federal Reserve Bank of New York, was a visiting professor at Columbia and New York Universities, and was chief economist at Amazon. In the summer of 2023, he was appointed deputy chairman of the Turkish Central Bank.

Hafize Gaye Erkan headed the Turkish Central Bank in the summer of 2023 and became the first woman to hold this post. With her there is a regulator started to increase sharply key rate amid high inflation. Ms. Erkan studied at Princeton, lived for a long time in the United States and worked for companies such as Goldman Sachs, Marsh McLennan and First Republic Bank.

Read more about the former head of the Central Bank in the Kommersant article “She will command the parade”.

Leonid Uvarchev