People: Turkey nominates new governor; McDermott to step down from FCA

Murat Çetinkaya nominated to head Turkish central bank

Murat Çetinkaya
Murat Çetinkaya. Photo: CBRT
Photo: CBRT

Turkey: The Turkish government has proposed Murat Çetinkaya, currently deputy governor at the Central Bank of the Republic of Turkey, as replacement for outgoing governor Erdem Başçı.

Deputy prime minister Mehmet Şimşek welcomed the choice and described Çetinkaya as "experienced, competent and smart", in a tweet on April 12. The nomination must still be confirmed, however, by president Recep Tayyip Erdoğan, who has taken a combative stance towards the central bank in the past.

Çetinkaya has been

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