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Al Jazeera
Al Jazeera
Business

Turkey appoints Fatih Karahan as new central bank chief after Erkan resigns

Hafize Gaye Erkan had taken over the reins of Turkey's central bank in June last year [File: Business Wire via AP]

President Recep Tayyip Erdogan has named the central bank’s Deputy Governor Fatih Karahan as its new head following the resignation of the chief, Hafize Gaye Erkan.

The appointment of the former senior economist at the US online retail giant Amazon was announced in the Official Gazette early on Saturday, hours after Erkan said she was stepping down partly due to the need to protect her family amid a media scandal.

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