Turkish president appoints new governor

Erkan faces exceptional challenges as questions remain over Erdoğan’s willingness to cede control

CBRT
The Central Bank of the Republic of Turkey
CBRT

Turkey’s president has appointed a new central bank governor, in a possible sign he may be changing his approach to the country’s economic crisis.

Recep Tayyip Erdoğan appointed Hafize Gaye Erkan today (June 9), 11 days after winning re-election by a narrow margin. He previously appointed Mehmet Şimşek as finance minister on June 3, leading some observers to hope he might adopt a new economic policy.

Erkan is the first woman to hold the top post at the Central Bank of the Republic of Turkey

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