Deputy Treasury and Finance Minister Osman Çelik submits retirement petition

Deputy Treasury and Finance Minister Osman Çelik submitted his retirement petition to Treasury and Finance Minister Mehmet Şimşek. The petition was reportedly submitted effective today.

Çelik took the post of Deputy Minister of Treasury and Finance in the new cabinet formed after the 2023 elections and had served in it for about three years.

Capital Markets Board chair also resigns

On the same day, Capital Markets Board (SPK) Chair Mahmut Sütçü also submitted his resignation over health problems. The two developments in Ankara put changes in the economy bureaucracy among the leading items on the agenda.

Who is Osman Çelik?

Born in 1964 in Kemaliye, Erzincan, Çelik graduated from the Department of Economics at the Faculty of Economic and Administrative Sciences of Middle East Technical University. He worked as an economist at the State Institute of Statistics in 1986-1987, as a specialist and chief specialist at Faisal Finance Institution between 1988 and 1995, and as project and marketing manager at İhlas Finans between 1995 and 1999.

Çelik was appointed Undersecretary of the Treasury on 29 June 2016. During that period he served on the Executive Board of the Islamic Development Bank and as Turkey's G-20 Sherpa.