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Mehmet Simsek

Deputy Prime Minister of Turkey, Office of the Deputy Prime Minister of Turkey

1988, BSc (Hons) in Economics, Ankara Univ.; 1993, MSc in Finance and Investment, Exeter University, UK. Former: Research Assistant, Ankara University; various roles with UBS Securities, Deutsche-Bender Securities, and Merrill Lynch, including as Head, Economic Strategic Research Department, Europe, Middle East and Africa. 2007, elected Member of Parliament representing Gaziantep (Justice and Development Party); 2007-09, State Minister for Economic Affairs; since May 2009, Minister of Finance; 2011, elected Member of Parliament, representing Batman. Currently, Minister of Finance; also serves as Member, Supreme Planning Board, Supreme Privatization Board, Supreme Council for Defence Industry Coordination, Economic Coordination Council, Money Credit Coordination Council, Supreme Council for Science and Technology. 2007-09, Governor for Turkey, IMF and World Bank. Former Member, Coordination Board, Istanbul 2010 European Capital of Culture. Formulated the fiscal policy that helped Turkey recover strongly from the global financial crisis. Has also undertaken far reaching reforms founding the Tax Audit Board, simplifying tax regulations, enhancing taxpayer rights and reducing the shadow economy. Nominated as one of the 500 most powerful people on the planet, Foreign Policy (2013); named Finance Minister of the Year for Emerging Europe 2013, Emerging Markets magazine.