BRSA Chairman Şahap Kavcıoğlu has resigned from his post. In a statement on his social media account, Kavcıoğlu said, "Following the allegations regarding the Banking Regulation and Supervision Agency and myself in recent days, I have requested my release from our President, Mr. Recep Tayyip Erdoğan, so that our institution is not further damaged. I express my deepest gratitude to our President, who has entrusted us with these duties until now. Respectfully announced to the public."
WHO IS ŞAHAP KAVCIOĞLU?
Born in Bayburt in 1967, Şahap Kavcıoğlu is a graduate of the Department of Business Administration at the Faculty of Economics and Administrative Sciences of Dokuz Eylül University. After completing his studies as an Audit Specialist at the Istanbul University Accounting Institute, Kavcıoğlu received training in business administration at Hastings College and completed his master's and doctorate degrees at the Marmara University Banking and Insurance Institute.
After serving as Assistant Inspector, Inspector, Branch Manager, and Deputy General Manager at Esbank TAŞ, Şahap Kavcıoğlu served as Deputy General Manager at Türkiye Halk Bankası A.Ş.
Elected as the 26th Term AK Party Bayburt Deputy in the November 1, 2015 general elections, Prof. Dr. Şahap Kavcıoğlu served as a member of the TBMM Planning and Budget Committee and as a member of the Inter-Parliamentary Union (IPU) Turkish Group during his tenure. After August 2018, Kavcıoğlu served as Deputy Chairman of the Board of Directors of T.VakıfBank T.A.O. and as Chairman of the Board of Directors of Vakıf Gayrimenkul Yatırım Ortaklığı, a subsidiary of T. VakıfBank T.A.O.
Kavcıoğlu was appointed as the Governor of the Central Bank of the Republic of Turkey on March 19, 2021. On June 9, 2023, Şahap Kavcıoğlu was removed from this position and appointed as the Chairman of the Banking Regulation and Supervision Agency.
News Source: 12punto
