Durmuş Yılmaz

Former Governor of the Central Bank of Turkey, Republic of Turkey


  • Plenary 2 - Markets & Trade

    Tuesday 19 April 11:15 - 11:30

    The global economy and Turkey: 2016 and beyond

  • Global Leaders Panel 'Equity & Prosperity for All - The Future'

    Wednesday 20 April 14:30 - 16:30

    Global Leader - Panelist 3


    Durmuş Yılmaz (born 1947) is a Turkish economist and was the Governor of the Central Bank of the Republic of Turkey between 2006 and 2011. Born in 1947 at Uşak, a small town in the western part of Turkey. Having completed his primary and secondary education in the Local Schools, in the 1967-1968 academic year he went to study law at the Ankara University. While in the third year of the Faculty of Law in 1970 he won a scholarship from the Ministry of Education and went to the UK to study economics. He holds a BSc Degree in economics from the City University London and a MSc Degree in economics from the University College, London University. Upon returning to Turkey, he worked for a brief period at the Ministry of Trade and then, in 1980 moved to Central Bank of the Republic of Turkey. Joining the Bank as a management trainee, Mr Yilmaz was with the Bank for 31 years. During this 31 years he hold various positions: 1993 Assistant Manager, FX Reserve Management 1995 Manager, Domestic Money Markets 1996 Manager, Balance of Payments 1997 Assistant General Manager, FX Risk Management Credits and Open Market Operations 2002 General Manager, Worker's Remittances 2003 A Member of Board of the Central Bank of the Republic of Turkey 2006 Governor 2011 - 2014, the Chief Economic Advisor to the Turkish President. 2014 – 2015 served as a Member of Directors of TEPAV, a Think Tank in TOBB For a brief period from June 7,2015 to November 1, 2015 he was a Member of Parliament He was awarded in: 2007 the best Central Bank Governor of the year in Emerging Market Economies Categories 2009 most successful Central Banker of the year by Euromoney. 2010 one of the seven Central Bankers of the year He was also elected as the most successful Public Servant for the years 2008,2009 and 2010 by a popular vote conducted among Turkish business community by the Turkish weekly Economist Magazine.