Economics

Turkey Picks Ex-Banker Convicted in the U.S. as New Bourse CEO

  • Former Halkbank executive Atilla served 28 months in jail
  • Atilla was tried in New York court over Iran sanctions breach

Istanbul stock exchange.

Photographer: Ismail Ferdous/Bloomberg
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Turkey chose former Halkbank executive Hakan Atilla, who served time in a U.S. jail over Iran sanctions breaches, to be the new chief executive officer of the Istanbul stock exchange.

The selection of Atilla, who returned to Turkey in July, was announced late Monday by Treasury and Finance Minister Berat Albayrak.