Appointment of New Director at the CAREC Institute
The Governing Council of the CAREC Institute is pleased to announce the appointment of Mr. Charymuhammet Shallyyev as the new Director of the CAREC Institute, effective November 20th, 2024.
Mr. Shallyyev, a distinguished academic leader with expertise in economics and management, brings over three decades of professional experience to the CAREC Institute. His extensive background in both academia and the public sector will be invaluable in advancing the Institute’s mission and strategic objectives. Throughout his career, Mr. Shallyyev has made significant contributions to research, curriculum development, and professional growth, earning recognition for his commitment to academic excellence.
Prior to his appointment, Mr. Shallyyev held several prominent positions, including Chair of the Management Department at the Turkmen State Institute of Economics and Management, Manager of the Internship Department at the Specialized Banking School under the Central Bank of Turkmenistan, and Senior Lecturer at Magtymguly Turkmen State University. He also participated in the Civil Servants Training Program, organized by the Royal Institute of Public Administration of the United Kingdom at the Magtymguly Turkmen State University. These roles have allowed him to shape key educational initiatives and foster strong connections between academia and industry.
Mr. Shallyyev’s academic journey began with a specialist degree in economics from the Turkmen State Institute of Economics and Management. He further expanded his expertise through international programs at Tokyo International University in Japan, Indiana University’s Kelley School of Business in the United States, and Santiago de Compostela University in Spain. His work in curriculum development, financial management, and research supervision has consistently elevated the institutions with which he has been affiliated.
He is also the author of several important academic texts, including the two-volume English-Turkmen Economic Dictionary, a two-volume Macroeconomics textbook for university students, and Fundamentals of Economics for secondary school students.
In accordance with the CAREC Institute’s governance procedures, the Director is nominated by the government of the respective member country and appointed by the Governing Council for a two-year term.
The Governing Council looks forward to Mr. Shallyyev’s leadership and the contributions he will make in advancing the Institute’s objectives in the coming years.