English the banker picks Erdem Basci as 'governor of the year'

The Banker, a prestigious English-language monthly operated by the Financial Times, has chosen Turkish Central Bank Governor Erdem Basci as the world's and Europe's central bank governor of the year. The magazine said this year's awards were granted to officials who successfully managed the economy through the turbulence in the economy in 2012. The magazine praised the Central Bank's role in aptly managing foreign inflows.