>> Pledging to work in harmony with his president, Turkish transport minister Binali Yildirim voiced to become the countries next prime minister after being nominated by the ruling AK party as the sole candidate for the job. Yildirim is a close ally of President Erdogan and Reuters Turkey bureau chief, Nick Tattersall says, the nomination is expected to further solidify the president's power in Ankara.
>> Bimali Yildirim is a close ally of President Erdogan. Their ties go back to the 1990s when Erdogan was mayor of Istanbul and Yildirim, at the time, ran a fast ferry company in the city. He's a figure who's likely to strongly support Erdogan's drive for an executive presidency in Turkey.
It's a project he's spoken out in favor before and he's also made clear that he will fully support Erdogan's drive to militarily defeat Turkish militants in the Southeast of the country. In his first speech after his nomination, he vowed to rid Turkey of what he described as the terrorist menace.
>> The vacancy came up after an increasingly public rift between Erdoğan and the then Prime Minister, Ahmet Davutoğlu. It ended with Davutoğlu's resignation. But while this suits Erdogan's plans for a more executive government, similar to the U.S. or France, critics accuse the president of creating an authoritarian regime.
>> Investors are concerned that in the long-term having a man whose a close ally of the president serve as the country's Prime Minister would erode the checks and balances on Erdogan's power. In the immediate term, they're concerned about who will lead the economic team in the new government.
>> Yildirim is also known for being religiously conservative, having rejected the opportunity to attend one of the country's most prestigious universities after seeing male and female students sitting together in its gardens