Economics
Morgan Stanley Executive Named Deputy at Turkey Central Bank
- Mustafa Duman joins Turkish central bank as shake-up deepens
- Duman’s appointment comes 10 days after governor dismissed
Outside the headquarters of the Turkish central bank in Ankara, Turkey.
Photographer: Miguel Angel Sanchez/Bloomberg
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Turkish President Recep Tayyip Erdogan appointed a Morgan Stanley executive to the central bank’s interest-rate setting committee, as the shake-up at the monetary authority deepens.
Mustafa Duman, formerly an executive director at Morgan Stanley in Turkey, was named a deputy governor early Tuesday, according to a decree published in the Official Gazette.