"Fatih Karahan Named Turkey's Central Bank Chief After Hafize Gaye Erkan's Resignation"

1 min read
Source: Al-Monitor
"Fatih Karahan Named Turkey's Central Bank Chief After Hafize Gaye Erkan's Resignation"
Photo: Al-Monitor
TL;DR

Fatih Karahan has been appointed as the new governor of Turkey's Central Bank, replacing Hafize Gaye Erkan who resigned amid allegations of unethical conduct. Karahan, who previously served as Erkan's deputy, is a graduate of the University of Pennsylvania and has experience working as a senior economist at Amazon in the United States. Erdogan emphasized that Erkan's departure would not alter the country's economic program.

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