Turkey ‘considering former Citigroup, HSBC banker as Central Bank deputy’

Turkey ‘considering former Citigroup, HSBC banker as Central Bank deputy’

ANKARA - Reuters
Turkey ‘considering former Citigroup, HSBC banker as Central Bank deputy’ Turkey is considering appointing an academic who previously worked at Citigroup and HSBC in London as a deputy Central Bank governor, a source familiar with the matter told Reuters on Aug. 11.

Emrah Şener could join the Central Bank from Istanbul’s Özyeğin University in the near future, the source said, adding that his appointment could be ratified in coming days.

An official for the Central Bank declined to comment. Şener was not immediately available for comment.

According to his biography on Özyegin University’s website, Şener holds a doctorate in mathematical finance from Imperial College London and a master’s degree from the London School of Economics.

He previously worked at the London office of Bank of America and before that, the fixed income and credit trading department of Citigroup. He also worked at HSBC.

His research has included work on the impact of macroeconomic and monetary policies on asset prices, according to his biography.

In April Turkey appointed Murat Çetinkaya as its Central Bank Governor, the first from an Islamic finance background.