Who is Şahap Kavcıoğlu, how old is he and where is he from?

Şahap Kavcıoğlu resigned as head of Turkey’s Banking Regulation and Supervision Agency (BDDK), a surprise departure that removes a key figure from the country’s financial regulatory leadership. The article offers no reason for the resignation and does not specify a successor. Kavcıoğlu, a former central bank governor, had led the BDDK since 2023. The vacancy comes as Turkish authorities manage inflation and bank oversight, and markets will watch who is appointed to replace him and whether policy direction shifts.