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Baku Stock Exchange management changed

Baku Stock Exchange management changed

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Date: 21 December 2015 19:37

Baku, Azerbaijan, Dec. 21

By Anvar Mammadov – Trend:

Rovshan Allahverdiyev, the chairman of the board of Kapital Bank OJSC, has been elected new head of the Supervisory Board of the Baku Stock Exchange (BSE).

This decision was taken at a general meeting of shareholders of the Baku Stock Exchange, the BSE said Dec. 21.

Earlier, this position was held by the former chairman of the International Bank of Azerbaijan (IBA) Jahangir Hajiyev.

Fuad Islamov, the general director of the IBA, has been elected member of the BSE Supervisory Board.

Rovshan Allahverdiyev was born in Baku in 1972. He graduated from the Azerbaijan State Economic University. He has been working in the financial sector of Azerbaijan since 1992. He has held senior positions in a number of banks. He has been a chairman of board of Kapital Bank since June 2013.

Fuad Islamov was born in Baku in 1969. He graduated from the Azerbaijan State Economic University and the Azerbaijan State University of Oil and Industry. He held various positions in the International Bank of Azerbaijan (IBA) in 1992 - 2011. He has been the director general of the IBA since 2011.

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