Arda Ermut appointed as new president of Turkey’s Investment Agency

Arda Ermut, the Vice President of the Investment Support and Promotion Agency of Turkey (ISPAT), has been appointed the agency's new president by Prime Minister Ahmet Davutoğlu. İlker Aycı, former president of ISPAT, was appointed as chairman of Turkish Airlines.

Also acting as the head of the Public-Private Partnership Department of ISPAT during the former President Ilker Ayci's term, Ermut started out as a project director at ISPAT in 2007 and where he was in charge of the Gulf countries and India. He was promoted to Chief Project Director and Advisor to the President in 2010.

Born in Karaman in 1980, Ermut graduated from Boğazici University, in the Political Science and International Relations department in 2004 and completed the MA course in the same department in 2005. He worked for the Prime Minister of Turkey between the years 2005 and 2007 as a "Media and PR Consultant" at Istanbul Dolmabahçe Office of the Prime Ministry.