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New appointment at major Azerbaijani bank

New appointment at major Azerbaijani bank

Date: 4 December 2015 10:57

Baku, Azerbaijan, Dec. 4

By Azad Hasanli – Trend:

Another personnel change has taken place at the International Bank of Azerbaijan (IBA).

Mustafa Mammadov has been named the director of the IBA’s Strategy and Marketing Department.

Earlier, this position was temporarily held by Maya Dursunova.

According to a message posted on the Bank’s website, the new structure of the IBA consists of 19 departments.

IBA was founded in 1992 and is the largest bank of Azerbaijan.

Currently, 51.07 percent of stake in the IBA’s capital is held by the state, while 48.93 percent is owned by private shareholders.

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