Turkey appoints new Treasury head after two years

ANKARA

Turkey has appointed Osman Çelik, the former general manager of Islamic Türkiye Finance, as head of the Treasury two years after the former chief’s leaving.

“I just signed the bylaw stipulating the appointment of former Türkiye Finance General Manager Osman Çelik as the Undersecretary of the Treasury. Çelik is a successful economist with an experience in the private sector,” said Deputy Prime Minister Mehmet Şimşek on June 28 through the official Twitter account of Anadolu Agency’s Finance Desk.

Çelik left his job at the Islamic lender on June 27.

The Treasury had not had a president since 2014, when its then undersecretary, İbrahim Çanakçı, was appointed executive director of the International Monetary Fund (IMF). Çanakçı was appointed to the Treasury’s top post in May 2003 and built a reputation among investors as a quiet anchor of stability, helping to bolster Turkey’s international credibility.

Çelik worked as an economist at the Turkish Statistics Institute (TÜİK) in 1986 and 1987. After years working in different lenders and financial institutions, he joined Türkiye Finance in 2006.