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Ziraat Bank of Turkey CEO Aydın steps down; cabinet position possible
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By Reuters Staff
(Adds other recent appointments, background on Ermut)
ISTANBUL, March 9 (Reuters) - Turkey named Salim Arda Ermut the new chief executive of its wealth fund on Tuesday in the latest in a flurry of top level changes that began in early November when a new central bank governor and finance minister were appointed.
In the last week alone, President Tayyip Erdogan’s government has also overseen leadership changes at the Turkish Statistical Institute (TUIK) and, on Monday, at the Borsa Istanbul.
Analysts said the moves, which also included two deputies under new Finance Minister Lutfi Elvan, were rapid and somewhat confusing even while they are common at the powerful state and financial institutions.
Article content
ISTANBUL Turkey named Salim Arda Ermut the new chief executive of its wealth fund on Tuesday in the latest in a flurry of top level changes that began in early November when a new central bank governor and finance minister were appointed.
In the last week alone, President Tayyip Erdogan’s government has also overseen leadership changes at the Turkish Statistical Institute (TUIK) and, on Monday, at the Borsa Istanbul.
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