Karahan’s appointment came hours after central bank governor Hafize Gaye Erkan announced her resignation on Friday night on X, citing in part a need to protect her family amid a “reputation assassination”.
Fatih Karahan, 42, has a University of Pennsylvania economics PhD and worked as an economist at the Federal Reserve Bank of New York for almost a decade, according to his biography on the central bank website.
Karahan also taught as an adjunct professor at Columbia University and New York University and worked for Amazon (NASDAQ:AMZN) as a principal economist in 2022.
Erdogan had appointed Karahan as one of the three new deputy governors to the central bank in July last year.
Source: Economy - investing.com
