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Erdoğan considering Erkan as Türkiye cenbank chief - sources

According to reliable sources, there are discussions within President Recep Tayyip Erdoğan's circle about the potential appointment of Hafize Gaye Erkan, a senior finance executive based in the United States, as the governor of Türkiye's central bank. Erkan's extensive experience in the financial sector has garnered attention, leading to consideration for this important role.

Reuters ECONOMY
Published June 05,2023
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President Recep Tayyip Erdoğan is considering appointing Hafize Gaye Erkan, a senior finance executive in the United States, as governor of Türkiye's central bank, according to two senior officials with knowledge of the matter.

Erkan met with Mehmet Şimşek, Türkiye's newly-appointed treasury and finance minister, in Ankara on Monday, one of the sources said. The two sources told Reuters she is set to meet Erdoğan soon to discuss the possible role.

The second source said Erkan was one of "a few candidates" to succeed current bank chief Şahap Kavcıoğlu.

A former co-CEO at First Republic Bank and a former managing director at Goldman Sachs, Erkan could not be immediately reached for comment.

Erdoğan's office and the Treasury ministry did not comment on Erkan.