The Central Bank of Turkish Republic (CBRT) Governor Hafize Gaye Erkan “has been removed from office” by a Presidential Decree following contraversy surrounding her family’s unofficial involvement in the bank’s administration. The Deputy Governor Fatih Karahan is appointed as the new governor. “The President (Governor) of the Central Bank of the Republic of Turkey, Hafize
The Turkish Central Bank Governor Hafize Gaye Erkan is under spotlight over claims about her father interfering with bureaucratic affairs in the bank. The governor denies rumours, stating she will “use her legal rights.” The Central Bank of the Turkish Republic (CBRT) governor Hafize Gaye Erkan’s father, Erol Erkan, made the headlines in Türkiye on
With her exceptional education, extensive experience, and youthful dynamism, Hafize Gaye Erkan sparked enthusiasm at home as well as abroad by assuming crucial position in economic management as the new governor of the Central Bank (CBRT). However, she has come to this position at a crucial time when the Turkish economy is so fragile with