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Head of Turkish Central Bank Ağbal dismissed

Turkey dismissed the head of the Central Bank of the Republic of Turkey’s (CBRT) Naci Ağbal and replaced him with professor Şahap Kavcıoğlu, according to a presidential decree published Saturday in the official gazette.

Anadolu Agency TÜRKIYE
Published March 20,2021
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Turkish Central Bank Governor Naci Ağbal was dismissed and replaced with former MP professor Sahap Kavcıoğlu, according to a new presidential decree published in the official gazette early Saturday.

Ağbal was appointed governor in November 2020 after former governor Murat Uysal was dismissed.

He headed the finance ministry from 2015-2018.

Kavcıoğlu was an MP in the ruling AK Party from 2015 to 2018.