Azerbaijan, Baku, July 19 / Trend, A. Badalova /
Mustafa Boran has appointed as the new vice-president of the Black Sea Trade and Development Bank (BSTDB) until 2014, and replaced Andrei Kondakov, the bank reported today.
Boran began his career in the Undersecretariat of Treasury in Turkey in 1993 as an expert. In 2000 he became head of the Directorate General for Foreign Direct Investments. In 2006-2009, Boran was also a member of the BSTDB Board of Directors on Turkey.
Today, Greece, Russia and Turkey remain the largest shareholders with stakes of 16.5 percent each. Romania owns 14 percent, Bulgaria and Ukraine - 13.5 percent each, Azerbaijan - 5 percent, Albania - 2 percent, Armenia and Moldova - one percent each, and Georgia - 0,5 percent.
A manager in the Black Sea Bank from the Azerbaijani side is Economic Development Minister Shahin Mustafayev and his deputy - Finance Minister Samir Sharifov.