Nureddin Nebati takes reins as Turkey's new finance minister

Nebati, 57, succeeds Lutfi Elvan, who held portfolio for little over a year

By Emin Avundukluoglu

ANKARA (AA) – Nureddin Nebati was sworn in as Turkey’s new treasury and finance minister on Thursday.

Nebati, 57, replaces Lutfi Elvan, who held the portfolio for a little over a year.

He stepped down after requesting an exemption from the post, according to a government announcement.

Nebati was previously working as the deputy treasury and finance minister.

He has a bachelor’s degree in public administration and a master’s in social sciences from Istanbul University, along with a doctorate in political science and public administration from Kocaeli University.

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