Executive Moves
Sovereign wealth
Uncategorized
Erdogan Names Himself Turkey Wealth Fund Chairman in Shakeup
President Recep Tayyip Erdogan appointed himself chairman of Turkey’s sovereign wealth fund and got rid of the entire management staff that had presided over two years of inaction. Zafer Sonmez, head of Turkey and Africa for Malaysia’s government investment vehicle Khazanah Nasional Bhd, was named general manager. Treasury and Finance…
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Click here to read the full story: Bloomberg