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Turkey Market Regulator Chief Steps Down During Fund Crisis

Summary by Sözcü
As the fund crisis continues to shake Turkey's agenda, the Chairman of the Capital Markets Board (SPK), Mahmut Sütçü, submitted his resignation due to health problems. It has also been learned that the Deputy Minister of Treasury and Finance, Osman Çelik, has submitted his retirement application.

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Breaking News - Latest News: Capital Markets Board (SPK) Chairman Mahmut Sütçü has submitted his resignation due to health problems, while Deputy Minister of Treasury and Finance Osman Çelik has also submitted his retirement application to Minister Şimşek, effective today. Capital Markets Board (SPK)...

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As the repercussions of the 'fund' crisis that has dominated Türkiye's agenda continue, it has been learned that Mahmut Sütçü, the Chairman of the Capital Markets Board, has resigned.

·Istanbul, Türkiye
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Lean Left

As the fund crisis continues to shake Turkey's agenda, the Chairman of the Capital Markets Board (SPK), Mahmut Sütçü, submitted his resignation due to health problems. It has also been learned that the Deputy Minister of Treasury and Finance, Osman Çelik, has submitted his retirement application.

·Türkiye
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BOLD – The Chairman of the Capital Markets Board (SPK), Mahmut Sütçü, has submitted his resignation due to health problems. Deputy Minister of Treasury and Finance, Osman Çelik, also submitted his retirement application to the Minister of Treasury and Finance, Mehmet Şimşek, effective today. Two departures from the economic administration were announced in the evening. It was reported that SPK Chairman Mahmut Sütçü submitted his resignation due …

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The head of Turkey's capital markets regulator (SPK), Mahmut Sucu, resigned on Monday, citing health problems, state-run Anadolu news agency reported. His departure comes amid a crisis in the country's private equity funds that has caused significant market turmoil. Sucu took over as head of the SPK in May. His resignation comes at a time when pressure on the regulator is mounting, both from government officials and the public, over its failure …

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turkiyegazetesi.com.tr broke the news on Monday, October 19, 2026.
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