Hafize Gaye Erkan becomes the first female president of the CBRT

The decision on the appointment of Erkan as the President of the CBRT was published in the Official Gazette with the signature of President Recep Tayyip Erdoğan.

With this appointment, Hafize Gaye Erkan became the first female Governor of the CBRT.

About Dr. Hafize Gaye Erkan;

Born in Istanbul in 1982, Dr. Erkan graduated from Istanbul High School and then from Boğaziçi University, Department of Industrial Engineering in 2001.

She continued her education in the USA and received her PhD degree in operations research and financial engineering from Princeton University in 2005. Erkan also completed two training programs on management sciences at Harvard Business School and two programs on leadership at Stanford University.

Erkan started her career at Goldman Sachs in 2005, where she worked for 9 years advising the boards and senior management teams of major US banks and insurance companies on balance sheet management, stress testing and capital planning, risk management, mergers and acquisitions.

Erkan joined First Republic Bank in 2014 and served as Co-CEO, president, board member, investment director, deposit director and co-director of risk for nearly 8 years.

After serving as a board member at Tiffany & Co, a jewelry company headquartered in the US, for two years, Erkan joined the board of Marsh McLennan, a Fortune 500 global financial advisory firm, in 2022.

In 2018, she was the only woman under the age of 40 to hold the title of president or CEO of one of America's 100 largest banks, according to the San Francisco Business Times' 2018 survey, and was named to the San Francisco Business Times' "40 Under 40 List" and Crain's New York Business' "40 Under 40 List" in the same year.

In 2019, Erkan was named to Crain's "List of Notable Women in Banking and Finance" and American Banker's "Women to Watch" list.

She has expertise in banking, investment, risk management, technology and digital innovation, and serves on the Advisory Council of the Department of Operations Research and Financial Engineering at Princeton University.