2023-06-05 21:45:00
The former co-CEO of Turkey’s central bank candidate First Republic Bank has met with Turkey’s new finance minister, according to people familiar with the matter. rice field.
Hafizeh Gai Elkann, who also worked for Goldman Sachs Group Inc. for nearly a decade, met with Simsek on Friday, said the people, who asked not to be identified because the information is private.
Simsheki’s office declined to comment. Mr. Elkann didn’t respond to a call for comment.
Mr. Hafizeh Guy Elkann
Source: Bloomberg
Erdoğan is rushing to finish overhauling his economic team, but the selection of a replacement for Kabzior is crucial for the market. In recent years, unconventional policies under President Erdogan have been criticized for draining investor money and contributing to the worst inflationary crisis in decades.
If Elkann is elected, she will become the first female governor of Turkey’s central bank. Erdogan, who wielded greater influence over the direction of interest rates before taking office as governor in March 2021, sacked three of his predecessors for overly tightening monetary policy.
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news-rsf-original-reference paywall">Original title:Turkey Sounds Out First Republic’s Ex-Exec Over Central Bank Job(excerpt)
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