Azerbaijan, Baku, May 29 / Trend , N.Ismayilova/
An Association of professional risk-managers has been registered in Azerbaijan, founder and head of the Association Rufat Mahmudov said on May 29.
"The Association was registered in mid May," Mahmudov added.
A supervisory board and strategy of the Association will be established within a month, and only after the organization will begin to attract companies. Number of members of the Association will not be limited, and Azerbaijani banks have already expressed interest in receiving it for membership.
The Associations will affect the reduction of risks in the financial sector in the country. The Association has already begun to cooperate with the International Finance Corporation (IFC) and the Central and GARP (Global Association of risk Professionals).
We have already started testing of employees of banks and an analysis of its results for the subsequent certification.
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