The head of the Central Bank of Turkey, Hafize Gaye Ercan, resigned

Ercan became the head of the Central Bank of Turkey in the summer of 2023, becoming the first woman to hold this post. And so, after a little more than six months, Hafiz Gaye Ercan submitted her resignation. She explained her decision by public pressure. "A large-scale campaign to destroy my reputation was organized against me and my family. So that my family and especially my child, who has not yet turned one and a half years old, would not suffer even more from this process, I asked Mr. President to relieve me of my duties," 45-year-old Ercan wrote on social networks.

Turkish President Recep Tayyip Erdogan appointed Deputy Chairman of the Central Bank Fatih Karakhan to fill the vacant seat. Karakhan was born in 1982 in the city of Eskisehir. He received a master's degree and a doctorate in economics from the University of Pennsylvania in the USA, worked at the Federal Reserve Bank of New York, Columbia and New York Universities, and was chief economist at Amazon.