Murat Çetinkaya

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Person.png Murat Çetinkaya  Rdf-entity.pngRdf-icon.png
(central banker, economist)
Murat Çetinkaya.jpg
Born1976
NationalityTurkish
Alma materBoğaziçi University

Employment.png Governor of the Central Bank of Turkey Wikipedia-icon.png

In office
19 April 2016 - 5 July 2019
Preceded byErdem Başçı
Sacked by Tayyip Erdogan

Murat Çetinkaya is an economist, who was Governor of the Central Bank of the Republic of Turkey from April 2016 to July 2019, when he was sacked by President Erdogan[1].

Cetinkaya had reportedly been pressed by Mr Erdogan and his son-in-law, Berat Albayrak, the finance minister, to use the bank’s dollar reserves to support the lira ahead of the local elections. When Erdogan and Albayrak leaned on him to cut rates or resign, Cetinkaya declined to do either—and was shown the door.[2]

Early life

He was born in Çorlu, Tekirdağ Province in 1976. He is of mixed Albanian and Turkish origin. After finishing high school in Tekirdağ, Murat Çetinkaya was educated in International Relations at Boğaziçi University in Istanbul.[3][4][5]

Career

Çetinkaya began his banking career at Albaraka Türk, where he was in several positions in the departments of foreign transactions, treasury and corresponding banks. In 2003, he transferred to state-owned Halk Bankası. He worked in international banking and structured finance departments, and was ultimately promoted to vice general manager of the bank. From 2006 on, he served as board member of the Halk Investment and Security Bank, a subsidiary of the Halk Bankası. By January 2008, he joined Kuwait Türk Bank, where he became vice general manager responsible for treasury, international finance and investment banking.

Çetinkaya was appointed vice governor of the Central Bank of Turkey on 29 June 2012. On 19 April 2016 he succeeded Erdem Başçı as governor of the Central Bank, who retired after completing his five-year official term.

 

Events Participated in

EventStartEndLocation(s)Description
WEF/Annual Meeting/201717 January 201720 January 2017World Economic Forum
Switzerland
2950 known participants, including prominently Bill Gates. "Offers a platform for the most effective and engaged leaders to achieve common goals for greater societal leadership."
WEF/Annual Meeting/201922 January 201925 January 2019World Economic Forum
Switzerland
"The reality is that we are in a Cold War [against China] that threatens to turn into a hot one."
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References