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Management changes at Ziraat Bank Azerbaijan

Economy Materials 22 June 2016 14:22 (UTC +04:00)
The Board of Directors of the Ziraat Bank Azerbaijan OJSC has undergone major changes
Management changes at Ziraat Bank Azerbaijan

Baku, Azerbaijan, June 22

By Anvar Mammadov – Trend:

The Board of Directors of the Ziraat Bank Azerbaijan OJSC has undergone major changes. Omer Baktir has been appointed new chairman of the Board of Directors of the bank. Baktir succeeded Huseyin Aydin on this post.

Also, Deputy Chairman of the Board of Directors Bilgehan Kuru, the board’s members Ayce Gurleyik and Taha Cakmak have succeeded Muharrem Karsli, Yusuf Dagcan and Burhanettin Tanyeri on these posts.

Only Ali Tasdemir’s post remained the same at the Board of Directors of the bank. Tasdemir is a member of the bank’s Board of Directors.

In late 2014, the Turkish T.C. Ziraat Bankasi obtained a license from Azerbaijan's Central Bank to conduct banking activities through its subsidiary JSC Ziraat Bank Azerbaijan. The bank began its activity in July 2015.

Ziraat Bank Azerbaijan's shareholders are: T.C. Ziraat Bankası (99.98 percent), Ziraat Insurance (0.1 percent) and Ziraat Securities (0.1 percent).

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