Turkey appointed Lütfi Elvan as the country’s new treasury and finance minister early on Nov. 10, according to a presidential decree published in the Official Gazette.
The move comes after Finance Minister Berat Albayrak resigned late Sunday citing health concerns and Turkish President Recep Tayyip Erdoğan officially accepted his resignation on Nov. 9.
The 58-year-old Elvan was transportation, maritime and infrastructure minister between 2013-2015 and development minister between 2016-2018.
He has been serving as chairman of Parliament’s Planning and Budget Committee.
Elvan has a bachelor’s degree in mining from the Istanbul Technical University Faculty of Mines, a master’s degree in mining operations and research from Leeds University in the U.K. and a second master’s degree in economics from
U.S.-based Delaware University.
He also held different positions at international institutions such as the OECD and EU.
Hurriyet Daily News