Mehmet Şimşek

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Mehmet Şimşek
Mehmet Şimşek, October 2008.jpg
Minister of Finance
Assumed office
1 May 2009
Prime Minister Recep Tayyip Erdoğan
Ahmet Davutoğlu
Preceded by Kemal Unakıtan
Personal details
Born (1967-01-01) 1 January 1967 (age 48)
Gercüş, Turkey
Political party Justice and Development Party
Spouse(s) Annalise Granwald (1999–2009)
Esra Kara (2010–present)
Alma mater Ankara University
University of Exeter

Mehmet Şimşek is an economist who is the Minister of Finance of Turkey in the cabinet of re-elected former Prime Minister (now, President) Recep Tayyip Erdoğan. He was elected to the Parliament in July 2007 and June 2011, representing the Justice and Development Party (AK Party).

Mehmet Şimşek was the Minister for Economic Affairs from August 2007 to April 2009. On May 1, 2009, he was appointed Minister of Finance. He is a member of the Justice and Development Party.

Minister Şimşek has formulated fiscal policy which has helped Turkey recover strongly from the global financial crisis. He has also undertaken far reaching reforms founding the Tax Audit Board, simplifying tax regulations, enhancing taxpayers’ rights, and reducing the shadow economy.

Şimşek earned his B.Sc. in Economics from Ankara University in 1988. After working as research assistant in the chair of international economics and economic development, he was awarded a state scholarship to the University of Exeter in the United Kingdom, where he earned his M.Phil. in Finance and Investments in 1993.

Şimşek previously worked as the chief economist and strategist for emerging Europe, Middle East and Africa region at Merrill Lynch in London for 7 years. At this time he had a number of contacts with the Turkish authorities and the Central Bank and had worked with the AK Party government on economic policy. He also served as senior economist and bank analyst for Deutsche-Bender Securities from 1998 to 2000. Mr Şimşek spent about a year in New York where he worked for UBS Securities in 1997. Prior to that, he was a senior economist at the US Embassy in Ankara for almost four years.

Minister Şimşek, nominated as one of the 500 most powerful people on the planet by Foreign Policy in 2013 and also awarded as "Finance Minister of the Year for Emerging Europe 2013" by Emerging Markets magazine.

Minister Şimşek was born in 1967, in a small village in Batman, a province in Southeastern Turkey. Minister Şimşek is married and has twin girls. [1] Şimşek speaks Kurdish and English fluently and has both British and Turkish citizenships.[2][3][4][5]


External links[edit]

Political offices
Preceded by
Ali Babacan
Minister of Economic Affairs
Succeeded by
Zafer Çağlayan
Preceded by
Kemal Unakıtan
Minister of Finance