Turkish President Erdoğan appoints two deputy central bank governors
Turkish President Recep Tayyip Erdoğan has appointed two new deputy governors to the Central Bank of the Republic of Turkey, according to an announcement published in the Official Gazette on Tuesday.
The appointments include Fatma Özkul, who previously served as a member of the bank's monetary policy committee, and Gazi İshak Kara, who has been named as a deputy governor for the first time.
These changes at the Central Bank come amid ongoing economic challenges, including inflationary pressures and efforts to stabilize the Turkish lira. While the appointments do not indicate a major policy shift, they signal Erdoğan’s continued influence over key financial institutions in the country.
The Central Bank’s deputy governors play a critical role in implementing monetary policy, advising on interest rates, and supporting financial stability. Analysts note that these appointments could impact future decisions regarding Turkey’s economic strategy and currency management.
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