
Hafize Gaye Erkan
Hafize Gaye Erkan is a prominent Turkish economist who served as the governor of the Central Bank of the Republic of Turkey. She was appointed in June 2022 and became the first woman to hold this position in Turkey's history. Erkan is known for her expertise in monetary policy and financial markets, and her leadership was marked by efforts to combat rising inflation in Turkey, which had exceeded 80% during her tenure. Despite her efforts to implement interest rate increases and monetary control measures, she was removed from her position in February 2024, amid ongoing tensions regarding the country's economic policies.
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Hafize Gaye Erkan was removed by Erdogan amid tensions over monetary policy after implementing measures to control inflation.
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