Turkish president Recep Tayyip Erdoğan appointed himself chairman of the country’s sovereign wealth fund on September 12, in a move that tightens his grip on the economy.
Erdoğan has appointed finance minister Berat Albayrak, his son-in-law, as his deputy at the Turkey Wealth Fund.
The president has also named Zafer Sonmez as general manager, according to a statement in the Official Gazette. Sonmez is head of the Turkish office of Malaysian sovereign fund Khazanah.
The Turkey Wealth Fund was