Central Bank Governor Hafize Gaye Erkan Resigned

Hafize Gaye Erkan, who has been the President of the Central Bank since June 8, 2023, resigned. Erkan used the following statements in his post on his social media account:

“As is known to the public, I have been serving as the President of the Central Bank of the Republic of Turkey since June 8, 2023. As a son of the country who was born, raised and educated in this land, where a price was paid for every inch of its land, when this sacred duty was entrusted to me, I came to my country and took up my duty without paying any attention to my personal conditions. At that time, as the mother of a child who was not yet a year old, I was of course aware of the difficulties of carrying on such an intense job. In order to serve our state and nation, I have been at my duty tirelessly day and night. At this point, our economic program has started to bear fruit. The increase in our reserves, economic data and indicators of the main trend of inflation are proof of this success. Despite all these positive developments, as is known to the public, a major reputation assassination campaign has recently been organized against me. In order to prevent my family and my innocent child, who is not even one and a half years old, from being further affected by this process, I have requested from our President to be pardoned from my duty, which I have been carrying out with honor since the first day. I owe a debt of gratitude to our Minister of Treasury and Finance, who made me proud to be the first female president of the Central Bank of the Republic of Turkey, and to my colleagues, with whom I have been serving in this position for about 9 months, each of whom works with great devotion day and night. In particular, after my 22 years of management and banking experience in the private sector in America, I would like to express my gratitude and gratitude to our President, who gave me the opportunity to serve my country and nation, which is the greatest legacy I will leave to my children, and who never wavered in his support during my term of office. Kind regards."