Preceded by Nazim Ekren Name Ali Babacan Succeeded by Cevdet Yilmaz Role Turkish Politician | Nationality Turkish Preceded by Abdullah Gul | |
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Prime Minister Recep Tayyip ErdoganAhmet Davutoglu Serving with Bulent ArincBesir AtalayBekir BozdagEmrullah IslerYalcin AkdoganNuman Kurtulmus Spouse Ulku Zeynep Babacan (m. 1995) Parents Hilmi Babacan, Guneri Babacan Children Fatma Dilara Babacan, Mustafa Kerem Babacan, Hilmi Emir Babacan Similar People Mehmet Simsek, Bulent Arinc, Abdullah Gul, Ahmet Davutoglu, Besir Atalay Profiles | ||
Prime Minister Recep Tayyip Erdogan | ||
Opening statement ali babacan 43th st gallen symposium
Ali Babacan ([aˈli babaˈdʒan]; born 4 April 1967 in Ankara, Turkey) is a Turkish politician. He is member of the parliament and former Deputy Prime Minister of Turkey responsible for the Economy. He fırst served as the Minister of State in charge of economic affairs in the 58th cabinet from the Justice and Development Party (AK Party). He retained this position throughout the 58th and 59th Governments of the Republic of Turkey. On August 29, 2007, he was appointed as the Minister of Foreign Affairs of the 60th Government of the Republic of Turkey. During 2009-2015 he served as the Deputy Prime Minister for Economic and Financial Affairs of Turkey. He is married with three children.
Contents
- Opening statement ali babacan 43th st gallen symposium
- About istanbul 2020 candidature ali babacan deputy prime minister of turkey
- Education
- Career in finance
- Political life
- References
About istanbul 2020 candidature ali babacan deputy prime minister of turkey
Education
Babacan graduated from Ankara College ranking first among the class of 1985. He attended the Middle East Technical University in Ankara and in 1989 was awarded a BSc in Industrial Engineering with the highest marks. He went to the U.S. on a Fulbright Scholarship to do postgraduate studies and in 1992 received an MBA from the Kellogg School of Management at Northwestern University in Evanston, Illinois, with majors in marketing, organizational behavior and international business.
Career in finance
Babacan worked then for two years as an associate at QRM, Inc. in Chicago, Illinois, a company doing financial consulting to the top executives of major banks in the United States. He returned to Turkey in 1994 and, served as chief advisor to the mayor of Ankara the same year. He was the chairman of his family owned textile company between 1994 and 2002.
Political life
He entered politics in 2001 as a co-founder and a Board member of the Justice and Development Party and was elected to parliament as deputy for Ankara on November 3, 2002. He was appointed Minister of Economy on November 18, 2002 and became the youngest member of the cabinet, then at the age of 35.
Babacan had the duty to steer a painful economic reform program, which was backed by multi-billion-dollar IMF loans; with its help Turkish economy achieved a remarkable recovery after two severe crises. He stayed always away from the rough-and-tumble of the Turkish political arena and focused solely on the economic reform, acting rather as a technocrat without indulging into populism.
On May 24, 2005, Prime Minister Recep Tayyip Erdoğan announced his appointment as chief negotiator in Turkey's accession talks with the European Union, which started on October 3, 2005.
As government minister Babacan has attended several international meetings including the World Economic Forum in Davos, Switzerland, and the Bilderberg Group.
After some AK Party figures, have been implicitly criticizing Babacan and implying that he is linked with Islamic scholar Fethullah Gülen he wasn't appointed to any ministerial position in the last Cabinet.