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Charymuhammet Shallyyev

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Charymuhammet Shallyyev - Founder

Charymuhammet Shallyyev

Director of the CAREC Institute

Mr. Shallyyev, a distinguished academic leader with expertise in
economics and management. 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 as the Director of the CAREC Institute in November 2024, 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.