Management of Azerbaijani bank changes
Baku, Azerbaijan, Apr. 20
Chief Investment Officer of International Investment Bank (IIB) Marcus Scott has become a member of Azerbaijani Amrahbank's Supervisory Board.
He replaced the IIB head of Direct Investment and Business Development Narayanan Ganapathy, said Amrahbank's message issued Apr. 20.
IIB is Amrahbank's strategic partner and it owns 45.84-percent share of the bank.
Amrahbank began its activity on Dec. 28, 1993. As of Feb. 1, 2016, the bank's assets were 281 million Azerbaijani manats, deposit portfolio - 140 million manats. The bank's aggregate capital reached 57.8 million manats.