Who is Hafize Gaye Erkan, the first woman president of Türkiye Central Bank

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President Recep Tayyip Erdogan appoints seasoned banker Hafize Gaye Erkan as Türkiye’s first woman President of Central Bank

The Global Outreach Program webpage of Boğaziçi University proudly displays a photograph and a brief profile of one of its most brilliant alumni –“Erkan completed in one year the PhD program that takes 2 years, comprising 12 courses. She was the first student to finish the program in one year in the 246-year history of Princeton, a university whose alumni include influential world leaders and personalities who have shaped the world,” the profile reads.

Notably, Erkan played a significant role in the establishment and growth of First Republic Bank, a prominent financial institution founded in 1985. Her expertise spans a wide range of financial services, including banking, investment, risk management, technology, and digital innovation. Before her time at First Republic Bank, Erkan made significant contributions during her nearly decade-long tenure at Goldman Sachs. She was Managing Director and Head of the Financial Institutions Group Analytics and Strategies Department.

Recognised for her achievements and leadership, Erkan has been featured in prestigious lists and publications. In 2019, she was named among Crain’s Top Women in Banking and Finance and the American Banker's Women to Watch list. Furthermore, Erkan is the visionary founder of the First Republic Fellowship Program, an initiative designed to guide young women from disadvantaged backgrounds through STEM education, mentorship, and professional development.

 

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