Mehmet Naim Talu (22 July 1919 – 15 May 1998) was a Turkish

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

banker A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becaus ...

politician A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, ...

and former

Prime Minister of Turkey The prime minister of the Republic of Turkey (Turkish language, Turkish: ''Türkiye Cumhuriyeti Başbakanı'') was the head of government of the Republic of Turkey from 1920 to 2018, who led a political coalition in the Grand National Assembly of ...

Biography

Naim Talu was born in Istanbul in 1919. He was educated at

Kabataş Erkek Lisesi Kabataş may refer to: * Kabataş, Beyoğlu, a quarter in the European part of Istanbul, Turkey ** Kabataş (Istanbul Metro), a funicular railway station * Kabataş, Çine, a village in Aydın Province, Turkey * Kabataş, Kemaliye, a village in Erz ...

. After graduating with a degree in economics from

Istanbul University , image = Istanbul_University_logo.svg , image_size = 200px , latin_name = Universitas Istanbulensis , motto = tr, Tarihten Geleceğe Bilim Köprüsü , mottoeng = Science Bridge from Past to the Future , established = 1453 1846 1933 ...

in 1943, he worked for a while in Sümerbank, a state owned textile company. He transferred to the

Central Bank of Turkey The Central Bank of the Republic of Turkey, CBRT ( tr, Türkiye Cumhuriyet Merkez Bankası, TCMB, literally "The Turkish Republic Central Bank") is the central bank of Turkey. Its responsibilities include conducting monetary and exchange rate po ...

in 1946. He became the general director of the bank in 1967 after serving one year as deputy. Following the reorganization of the Central Bank in 1970, he was appointed

Governor A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political ...

of this institution. He died in Istanbul in 1998.

Political career

Naim Talu started his political career in 1971 by appointment to the ministry of trade in the second Erim cabinet. He kept his post also in the cabinet of Melen until

President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...

Cevdet Sunay admitted him to the Senate in 1972. Commissioned by President Fahri Korutürk following the resignation of Prime Minister Ferit Melen, he formed the 36th government on 15 April 1973 in consensus of the Justice Party with the

Republican Reliance Party Republican Reliance Party ( tr, Cumhuriyetçi Güven Partisi, CGP) was a former party in Turkey. Background The Republican People's Party (CHP) which is usually credited as the founder of the Turkish Republic in 1923 was the oldest party in Tur ...

. His caretaker government lasted beyond the general elections in 1973, which did not set a clear majority for any party. With the forming of a coalition cabinet of the

Republican People's Party The Republican People's Party ( tr, Cumhuriyet Halk Partisi, , acronymized as CHP ) is a Kemalist and social-democratic political party in Turkey which currently stands as the main opposition party. It is also the oldest political party i ...

along with the

National Salvation Party The National Salvation Party ( tr, Millî Selâmet Partisi, MSP) was an Islamist political party in Turkey, founded on 11 October 1972 as the successor of the banned National Order Party (''Millî Nizam Partisi'', MNP). The party was formed by a ...

under

Bülent Ecevit Mustafa Bülent Ecevit (; 28 May 1925 – 5 November 2006) was a Turkish politician, statesman, poet, writer, scholar, and journalist, who served as the Prime Minister of Turkey four times between 1974 and 2002. He served as prime minister in ...

on 26 January 1974, Talu’s prime ministry ended. His membership in the Senate continued until 1976. Naim Talu was a member of the board of

Akbank Akbank T.A.Ş. is one of the largest banks in Turkey. Founded in 1948, , it had revenues of nearly TL 13.7 billion. Listed on the Borsa Istanbul, its largest shareholders are members of the Sabancı family. Akbank is a bank that offers vehicle ...

, one of Turkey’s largest banks, between 1974 and 1976, prior to his appointment as the chairman, which lasted until shortly before his death in 1998. He served the same period as a member of the board of trustees of the Sabancı Foundation VakSA. He was survived by his wife Gevher Talu and his two daughters Tülin Talu and Füsun San.

References

External links

Biography

{{DEFAULTSORT:Talu, Naim 1919 births 1998 deaths 20th-century prime ministers of Turkey Politicians from Istanbul Istanbul University alumni Turkish civil servants Governors of the Central Bank of Turkey Prime Ministers of Turkey Turkish people in finance Kabataş Erkek Lisesi alumni Burials at Zincirlikuyu Cemetery Government ministers of Turkey Members of the Senate of the Republic (Turkey) 20th-century Turkish economists Members of the 34th government of Turkey Members of the 35th government of Turkey Members of the 36th government of Turkey