Baku, Azerbaijan, Oct. 28
By Anvar Mammadov – Trend:
Fuad Khalilov has been appointed the new chairman of the Board of Directors of Azerbaijan’s Standard Insurance company, said a message posted on the company’s website.
Khalilov succeeded Kamal Ibrahimov on this post, according to the message. Currently, Emin Babayev and Rahman Babayev are also members of the company’s Board of Directors.
Standard Insurance operates since 2002 in Azerbaijan. The company is a member of the Compulsory Insurance Bureau (ISB) since December 2011.
The company’s collections amounted to 17.42 million manats in January-September 2016, according to Azerbaijan’s Financial Markets Supervision Chamber.