To the Presidency of the Central Bank of the Republic of Turkey (CBRT), Dr. Hafize Gaye Erkan was appointed. Erkan thus became the first woman president of the Central Bank.
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. 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.
Born in 1982, Hafize Gaye Erkan graduated from Boğaziçi University, Department of Industrial Engineering. Continuing his education in the USA, Erkan became the first student in the history of Princeton University to complete his doctorate in one year. Hafize Gaye Erkan, who ranked first in the 40 most active young people in the USA, held senior management positions in many financial institutions.
Central Bank Governor Şahap Kavcıoğlu was appointed as the Chairman of the Banking, Regulation and Supervision Board (BDDK).
WHO IS HAFİZE GAYE ERKAN?
Hafize Gaye Erkan was born in Istanbul in 1982. After graduating from Istanbul High School for Boys, she completed the Industrial Engineering Department at Boğaziçi University in 2001.
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 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 included in the Fortune 2022, in 500.
According to the San Francisco Business Times' 2018 research, Erkan, who is the only woman under the age of 100 to hold the title of president or CEO in America's largest 40 banks, was selected by the "40 Under 40 List" of the San Francisco Business Times in the same year as Crain New It was included 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 Department of Operations Research and Financial Engineering at Princeton University.
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.