Turkish President Erdogan Becomes Chairman of Country’s Sovereign Fund

Posted on 09/12/2018

Turkish President Recep Tayyip Erdoğan named himself Chairman of the Turkey Wealth Fund. The wealth fund controls large positions in Turkish industry champions like Turkish Airlines, Türk Telekom, the national postal service, state oil and pipeline companies, Borsa Istanbul, and the national lottery, and national railway. The wealth fund also holds stakes in state lenders […]