Turkey appointed Lutfi Elvan as the country’s new treasury and finance minister early Tuesday, according to a presidential decree published in the Official Gazette.
HE HELD DIFFERENT POSITIONS AT INTERNATIONAL INSTITUTIONS
The move comes after Finance Minister Berat Albayrak resigned late Sunday and Turkish President Recep Tayyip Erdoğan officially accepted his resignation on Monday.
The 58-year-old Elvan was transportation, maritime and infrastructure minister between 2013-2015 and development minister between 2016-2018.
Elvan has a bachelor’s degree in mining from the Istanbul Technical University Faculty of Mines, a master’s degree in mining operations and research from Leeds University in the UK and a second master’s degree in economics from US-based Delaware University.
He also held different positions at international institutions such as the OECD and EU.