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Ali Babacan

Ali Babacan
MP
Ali Babacan - World Economic Forum Annual Meeting 2012 crop.jpg
Deputy Prime Minister of Turkey
In office
1 May 2009 – 28 August 2015
Prime Minister Recep Tayyip Erdoğan
Ahmet Davutoğlu
Serving with Bülent Arınç
Beşir Atalay
Bekir Bozdağ
Emrullah İşler
Yalçın Akdoğan
Numan Kurtulmuş
Preceded by Nazım Ekren
Succeeded by Cevdet Yılmaz
41st Minister of Foreign Affairs
In office
29 August 2007 – 1 May 2009
Prime Minister Recep Tayyip Erdoğan
Preceded by Abdullah Gül
Succeeded by Ahmet Davutoğlu
Chief Negotiator for Turkish Accession to the European Union
In office
17 January 2005 – 11 January 2009
Prime Minister Recep Tayyip Erdoğan
Preceded by Position established
Succeeded by Egemen Bağış
Minister of Economic Affairs
In office
18 November 2002 – 29 August 2007
Prime Minister Abdullah Gül
Recep Tayyip Erdoğan
Preceded by Masum Türker
Succeeded by Mehmet Şimşek
Member of the Grand National Assembly
Assumed office
1 November 2015
Constituency Ankara (I) (Nov 2015)
In office
19 November 2002 – 7 June 2015
Constituency Ankara (I) (2002, 2007, 2011)
Personal details
Born (1967-04-04) 4 April 1967 (age 49)
Ankara, Turkey
Political party Justice and Development Party
Spouse(s) Ülkü Zeynep Babacan (1995–present)
Children Mustafa Kerem
Fatma Dilara
Hilmi Emir
Alma mater Middle East Technical University
Northwestern University
Religion Sunni Islam

Ali Babacan (Turkish pronunciation: [aˈli babaˈdʒan]; born 4 April 1967 in Ankara, Turkey) is a Turkish politician. He is member of the parliament and former Deputy Prime Minister of Turkey responsible for the Economy. He fırst served as the Minister of State in charge of economic affairs in the 58th cabinet from the Justice and Development Party (AK Party). He retained this position throughout the 58th and 59th Governments of the Republic of Turkey. On August 29, 2007, he was appointed as the Minister of Foreign Affairs of the 60th Government of the Republic of Turkey. During 2009-2015 he served as the Deputy Prime Minister for Economic and Financial Affairs of Turkey. He is married with three children.

Babacan graduated from Ankara College ranking first among the class of 1985. He attended the Middle East Technical University in Ankara and in 1989 was awarded a BSc in Industrial Engineering with the highest marks. He went to the U.S. on a Fulbright Scholarship to do postgraduate studies and in 1992 received an MBA from the Kellogg School of Management at Northwestern University in Evanston, Illinois, with majors in marketing, organizational behavior and international business.

Babacan worked then for two years as an associate at QRM, Inc. in Chicago, Illinois, a company doing financial consulting to the top executives of major banks in the United States. He returned to Turkey in 1994 and, served as chief advisor to the mayor of Ankara the same year. He was the chairman of his family owned textile company between 1994 and 2002.


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