Erdem Başçı
Encyclopedia
Erdem Başçı is a Turkish
Turkish people
Turkish people, also known as the "Turks" , are an ethnic group primarily living in Turkey and in the former lands of the Ottoman Empire where Turkish minorities had been established in Bulgaria, Cyprus, Bosnia and Herzegovina, Georgia, Greece, Kosovo, Macedonia, and Romania...

 economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

 and the current Governor of the Central Bank of the Republic of Turkey
Central Bank of the Republic of Turkey
The Central Bank of the Republic of Turkey is the central bank of Turkey and is founded as a joint stock company with the exclusive right to issue banknotes in Turkey. The preparations to establish a central bank began in 1926, but organization was established on 3 October 1931 and opened...

 since April 2011.

Early life

He was born in 1966 in Ankara
Ankara
Ankara is the capital of Turkey and the country's second largest city after Istanbul. The city has a mean elevation of , and as of 2010 the metropolitan area in the entire Ankara Province had a population of 4.4 million....

. After finishing the high school at the TED Ankara College in 1983, Erdem Başçı was educated in electrical engineering at the Middle East Technical University
Middle East Technical University
Middle East Technical University is a public technical university located in Ankara, Turkey...

 (ODTÜ), and graduated 1987 with a bachelor's degree
Bachelor's degree
A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...

. He received master's degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...

s in 1989 in business administration, and in 1990 in economics from the Bilkent University
Bilkent University
İhsan Doğramacı Bilkent University, commonly referred to as Bilkent University or Bilkent, is the first private, nonprofit university in Turkey with the fundamental aim of creating a center of excellence in higher education and research...

, and in 1993 in economics from the Johns Hopkins University
Johns Hopkins University
The Johns Hopkins University, commonly referred to as Johns Hopkins, JHU, or simply Hopkins, is a private research university based in Baltimore, Maryland, United States...

. In 1995, Erdem Başçı earned a PhD
PHD
PHD may refer to:*Ph.D., a doctorate of philosophy*Ph.D. , a 1980s British group*PHD finger, a protein sequence*PHD Mountain Software, an outdoor clothing and equipment company*PhD Docbook renderer, an XML renderer...

 degree in economics.

He served between 1995 and 2003 as a member of the teaching staff at the Bilkent University, from 1999 on as an associate professor of economics.

Career

Erdem Başçı was appointed deputy governor of the Central Bank of Turkey on October 9, 2003. He was reconfirmed at this post on October 10, 2008. Erdem Başçı was promoted to governor on April 14, 2011, succeeding Durmuş Yılmaz
Durmus Yilmaz
Durmuş Yılmaz is a Turkish economist and was the Governor of the Central Bank of the Republic of Turkey between 2006 and 2011.-Biography:...

.
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