Turkey appoints academic, former Citigroup, HSBC banker as Central Bank deputy governor

Emrah Şener joined the Central Bank from Özyegin University in Istanbul.

Şener holds a doctorate in mathematical finance from Imperial College London and a master’s degree from the London School of Economics. Previously, he acquired an undergraduate degree from Boğaziçi University in Istanbul. Among his research areas are the effects of macroeconomic and monetary policies on asset prices, pension funds and international finance, among others. 

A source familiar with the matter told Reuters in August that Şener would be appointed as deputy governor.

Şener started his career at the London office of HSBC, and after that, worked at the fixed income and credit trading department at the Citigroup London office. He subsequently worked for the Bank of America before joining Özyeğin University’s academic team. 

In April, Turkey appointed Murat Çetinkaya as its Central Bank governor, making him the first person from an Islamic finance background to be named to the post. 

Murat Uysal, a former senior executive at state-run Halkbank with a background in financial markets, was appointed as deputy governor in June, bringing the formation of a new monetary policy team nearer to its conclusion.