First Message from Central Bank Governor Kavcıoğlu

First message from the central bank president fight
First message from the central bank president fight

Central Bank Governor Şahap Kavcıoğlu started his duty. Kavcioglu, a written statement, determined by the law of the Central Bank of Turkey tasks and providing permanent decline in inflation in the framework of the authority's main goal in line with monetary policy tools pointed out that it will continue to use effectively.

"The decline in inflation will positively affect macroeconomic stability through the decline in country risk premiums and permanent improvement in financing costs, while contributing to the creation of the necessary conditions for sustainable growth that increases investment, production, exports and employment. Kavcıoğlu, who used the statement, said:

"In this context, the Monetary Policy Committee meetings will be held in accordance with the schedule previously announced to the public, and communication channels with all stakeholders will be used effectively in line with the principles of transparency and predictability in policies to be implemented."

Who is Şahap Kavcıoğlu?

He was born on 23 May 1967 in Bayburt. His father's name is Halit, and his mother's name is Naime.

Banker; He graduated from Dokuz Eylül University, Faculty of Economics and Administrative Sciences, Department of Business Administration. After graduating from Istanbul University Accounting Institute as an Audit Specialist, he studied Business Administration at Hastings College, England. He completed his master's and doctorate at Marmara University Banking and Insurance Institute.

He served as Assistant Inspector, Inspector, Branch Manager and Assistant General Manager at Esbank TAŞ. Turkey Istanbul Halk Bank, he served as Regional Coordinator AŞ. In the same bank, respectively; He worked as Assistant General Manager Responsible for Retail Banking, Tradesmen-SME Banking, Credit Policies, Human Resources and Organization. He was the President of Bayburt Education Culture and Service Foundation. He is a Member of the Board of Trustees of Bayburt University Development Foundation, a Congress Member of Galatasaray Sports Club and a Founding Member of Dokuz Eylül University Alumni Association. He has 2 books and many articles named 'Solution and Tracking of Problem Loans in Commercial Banks' and 'Evaluation of Investment Projects in Energy Sector'.

Kavcıoğlu is married and has 3 children.

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