Hüseyin Erkan
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Hüseyin Erkan (born 1958 in
Konya Konya () is a major city in central Turkey, on the southwestern edge of the Central Anatolian Plateau, and is the capital of Konya Province. During antiquity and into Seljuk times it was known as Iconium (), although the Seljuks also called it D ...
,
Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...
) served as CEO of the
World Federation of Exchanges The World Federation of Exchanges (WFE), formerly the ''Federation Internationale des Bourses de Valeurs'' (FIBV), or International Federation of Stock Exchanges, is the trade association of publicly regulated stock, futures, and options exchang ...
(WFE) from June 2012 until October 2014. He was the
Chairman and CEO The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
of the
Istanbul Stock Exchange The Borsa İstanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) ( tr, İstanbul Menkul Kıymetler Borsası, IMKB), the Istanbul Gold Exchange ( tr, İstanbul Altın Borsası, İA ...
(ISE) from 2007 until 2012. After graduating from high school in Konya, Erkan completed a certificate program at the English Language Center in Brighton, England. He received an Associate in Science (AS) degree from Orange County Community College in New York in 1979. He then graduated from New York University Stern Business School with a B.S. degree in economics (1981) and an MBA in the fields of International Business and Finance (1984) with a thesis project on currency risk management at the
United Nations Development Program The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human dev ...
(UNDP). Early in his career, Erkan had extensive experience in the transportation, petroleum and manufacturing sectors. He entered the capital markets in 1989 as a Research Analyst working with foreign institutional investors. Subsequently, he worked as a Research Analyst on a retainer basis for Bankers Trust following various sectors in the capital markets of Turkey between 1992 and 1993. He became a partner and deputy chairman to Tezal Securities in Istanbul for two years and left the company prior to joining the Istanbul Stock Exchange (ISE) in 1994. After working some years in the private sector, Hüseyin Erkan served between 1994 and 1996 as director of research and international markets at the ISE. In 1995 he was promoted to executive vice chairman at ISE and in 1996 to deputy CEO. He served at this position until 2006, and was at the same time board member of Takasbank, the Settlement and Custody Bank of ISE. During his tenure at ISE Erkan had additional responsibilities as a member of the executive board of the Turkish-Japanese Business Counsel; co-director of projects with the OECD in SME financing and best practices for developing stock exchanges; representative of ISE at FEAS and other organisations such as the
International Organization of Securities Commissions The International Organization of Securities Commissions (IOSCO) is an association of organizations that regulate the world's securities and futures markets. Members are typically primary securities and/or futures regulators in a national jurisdic ...
(IOSCO), the World Federation of Exchanges (WFE), as well as being the Joint Project Coordinator of
Southeast European Cooperative Initiative The Southeast European Cooperative Initiative (SECI) is a multilateral regional initiative that has been initiated by the European Union, the United States of America and the countries of Southeast Europe within the framework of the Organization ...
(SECI) to implement a cooperation Project for the securities markets in the Balkans. He also initiated a project for the cooperation of securities markets of the Islamic countries in
COMCEC The Standing Committee for Economic and Commercial Cooperation (COMCEC) is one of four standing committees of the Organisation of Islamic Cooperation (OIC). It was established in 1981 at the Third Islamic Summit Conference held in Mecca/Ta'if and ...
Subcommittee under the
Organisation of the Islamic Conference An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived fro ...
(OIC). Prior to his appointment as the chairman and chief executive officer of the Istanbul Stock Exchange by the Turkish Government, Erkan was the chief advisor to the board of Konya Sugar Company, the largest private sector group of companies in sugar refining and agricultural products in Turkey. He was responsible for restructuring the group's activities. On 2 November 2007 Hüseyin Erkan was appointed chairman and CEO of the same institution for five years replacing
Osman Birsen Osman Birsen (born 1945) is a Turkish high-ranking civil servant for finance and was the CEO of the Istanbul Stock Exchange between 1997 and 2007. Birsen was born in Ankara, Turkey. After finishing high school at Ankara Deneme Lisesi, he studied Ec ...
.Biyografi
/ref> Erkan was elected as a board member of the
World Federation of Exchanges The World Federation of Exchanges (WFE), formerly the ''Federation Internationale des Bourses de Valeurs'' (FIBV), or International Federation of Stock Exchanges, is the trade association of publicly regulated stock, futures, and options exchang ...
(WFE) in October 2008 and was a board member through the end of 2011, when his term of office ended at the Istanbul Stock Exchange. In June 2012, Erkan was officially appointed to the position of secretary general of the WFE, until the 52nd WFE General Assembly in October 2012, when a new structure for the organization, creating the positions of chief executive officer (CEO) and chief operating officer (COO), was officially ratified. Erkan was then appointed as the new chief executive officer, a position he held until October 2014.


Personal life

Hüseyin Erkan is married and has two children. He speaks English.


Citations


Hüseyin Erkan to retire as chief executive of WFE
Financial Times, 10/27/2014, retrieved 04/07/2015.
WFE Appoints Hüseyin Erkan as new Secretary General
World Federation of Exchanges (English), 06/18/2012, retrieved 01/22/2013.

Financial Times (English), 06/18/2012, retrieved 01/18/2013.
Deutsche Börse man to head World Federation of Exchanges
Banking Technology, 10/15/2012, retrieved 01/18/2013.
Istanbul bourse launches participation index
Hürriyet Daily News (English), 01/06/2011, retrieved 01/12/2011.
Turkey's ISE aims to compete with European Stock Exchanges
World Bulletin (English), 01/04/2011, retrieved 01/05/2011.

Today's Zaman (English), 12/25/2010, retrieved 12/25/2010.
High demand shows robustness of Istanbul bourse
Hürriyet Daily News (English), 12/02/2010, retrieved 01/05/2011.
Turkey launches joint investment fund with Greece
Hürriyet Daily News (English), 11/03/2010, retrieved 01/05/2011.
Bourse chief expects nine more ipo's this year
Hürriyet Daily News (English), 10/26/2010, retrieved 01/05/2011.
Hüseyin Erkan re-elected to global board
Hürriyet Daily News (English), 10/19/2010, retrieved 01/05/2011.
Turkey to host key finance sector names in Istanbul summit
World Bulletin (English), 07/31/2010, retrieved 01/05/2011.
Turkish-Greek stock exchange investment fund to be formed
World Bulletin (English), 06/17/2010, retrieved 01/05/2011.
US dollar gains against Turkish lira, ISE drops
World Bulletin (English), 05/07/2010, retrieved 01/05/2011.
Bourse launches initial public offering campaign
Hürriyet Daily News (English), 10/19/2009, retrieved 01/05/2011.
Turkish-Greek stock funds on the way
Hürriyet Daily News (English), 10/13/2009, retrieved 01/05/2011.
Euro-Asian bourses meet in Montenegro
Hürriyet Daily News (English), 09/30/2009, retrieved 01/05/2011.
Athens, Istanbul create joint index
Hürriyet Daily News (English), 09/28/2009, retrieved 01/05/2011.
'Tug-o-war' between bourses continues
Hürriyet Daily News (English), 08/11/2009, retrieved 01/05/2011.


References

{{DEFAULTSORT:Erkan, Huseyin 1958 births People from Konya New York University Stern School of Business alumni Living people Turkish civil servants Turkish chief executives