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New head of Azerbaijan Banks Association named (UPDATE 2)

Business Materials 7 August 2015 19:49 (UTC +04:00)
Chairman of the Supervisory Board of Rabitabank Zakir Nuriyev has been elected the new head of Azerbaijan Banks Association (ABA).

Details added (first version posted on 17:22)

Baku, Azerbaijan, Aug. 7

By Anvar Mammadov - Trend:

Chairman of the Supervisory Board of Rabitabank Zakir Nuriyev has been elected the new head of Azerbaijan Banks Association (ABA), the association told Trend.

He will replace chairman of the Supervisory Board of Caucasus Development Bank Eldar Ismayilov in this post.

The decision was made during the reporting and election conference of ABA.
Moreover, reports were presented and approved on the activities of the previous presidium, financial and auditing committee of ABA, as well as Azerbaijan Bank Training Center for 2006-2015.

The conference also approved the new presidium of Azerbaijan Banks Association.
Chairman of the Supervisory Board of AG Bank Chingiz Asadullayev and chairman of the Board of International Bank of Azerbaijan, Elmar Mammadov were elected vice-presidents of ABA. Asadullayev and Mammadov also became members of the Board of Trustees of the Deposit Insurance Fund.

The board also included chairman of the Supervisory Board of Xalq Bank Asim Mammadli, head of the board of Bank Respublika Khadija Hasanova, chairman of the board of Kapital Bank Rovshan Allahverdiyev, chairman of the management board of YapiKredi Bank Azerbaijan Altan Senturk, chairman of the Supervisory Board of Unibank Eldar Garibov, chairman of the board of PASHA Bank Taleh Kazimov and chairman of the Supervisory Board of the Bank of Baku Elchin Isayev.

Moreover, the new financial and auditing committee of ABA was also approved during the conference. Representatives of Muganbank, TuranBank, AccessBank, Atabank and Bank VTB (Azerbaijan) became members of the new committee.

Zakir Nuriyev was born in Jayli village of Azerbaijan's Kurdamir district on October 2, 1960. He graduated from Azerbaijan State Economic University in 1981.

Nuriyev started his working career in 1981 as a leading accountant at Control and Inspection Department of the Ministry of Communications.

He served as accountant-inspector, chief inspector and deputy chief accountant at the Control and Inspection Department of the Ministry of Communications from July 1983 till January 1989.

He was appointed to the post of manager of the Control and Accounting Division at Regional Communication Production Association of the Ministry of Communications in 1989.

Zakir Nuriyev worked as chairman of the Management Board at Rabitabank Joint-Stock Commercial Bank in 1993-1998 and has served as chairman of the Supervisory Board at Rabitabank Open Joint-Stock Company since 1998.

He served as president of Azerbaijan Banks Association in 1996-2006. He is a member of the Presidium of Azerbaijan Banks Association since 2006.

Edited by CN
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Follow the author on Twitter: @Anvar_Mammadov

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