After Mehmet Şimşek became the Minister of Treasury and Finance, there was an expected change in the management of the Central Bank. According to the decision published in the Official Gazette with the signature of President Recep Tayyip Erdoğan, Dr. Hafize Gaye Erkan was appointed.
KAVCIOĞLU ASSIGNED TO BRSA
With the decree, for the first time in the history of the Republic of Turkey, a female president was appointed to the Presidency of the Central Bank. Former chairman Şahap Kavcıoğlu was appointed as the Chairman of the Banking, Regulation and Supervision Board (BDDK).
WHO IS HAFİZE GAYE ERKAN?
Born in Istanbul in 1982, Hafize Gaye Erkan graduated from Boğaziçi University Industrial Engineering Department in 2001, after graduating from Istanbul High School for Boys.
Continuing his education in the USA, Erkan received his doctorate in operations research and financial engineering from Princeton University in 2005. Erkan completed two training programs on management sciences at Harvard Business School and leadership at Stanford University.
Erkan, who started his career at Goldman Sachs in 2005, provided consultancy services to the boards of directors and senior management teams of major banks and insurance companies in the USA on balance sheet management, stress testing and capital planning, risk management, mergers and acquisitions during his 9 years there. gave.
Hafize Gaye Erkan, who started working at First Republic Bank in 2014, served as co-chairman (Co-CEO), chairman, board member, investment director, deposit director, and risk co-director during the 8 years she worked there.
Hafize Gaye Erkan, who was a member of the board of directors for 2 years at Tiffany & Co, a jewelry company headquartered in the USA, joined the board of directors of Marsh McLennan, a global financial consultancy company in the Fortune 500, in 2022.
According to the San Francisco Business Times’ 2018 research, Erkan, who is the only woman under the age of 40 to hold the title of president or CEO in America’s largest 100 banks, was selected by the San Francisco Business Times “40 Under 40 List” in the same year as Crain New Listed in York Business’s “40 Under 40 List”.
Hafize Gaye Erkan was included in Crain’s “Important Women in Banking and Finance Sector” and American Banker’s “Women to Watch List” in 2019.
Erkan, who has expertise in banking, investment, risk management, technology and digital innovation, also served on the Advisory Council of the Princeton University Operations Research and Financial Engineering Department.
According to the decision published in the Official Gazette with the signature of President Erdoğan on June 9, 2023, Hafize Gaye Erkan was appointed as the Chairman of the Central Bank. With the decree, for the first time in the history of the Republic of Turkey, a female president was appointed to the Presidency of the Central Bank.