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Azerbaijani bank announces new appointment

Business Materials 21 April 2016 13:08 (UTC +04:00)
Azer-Turk Bank has announced a new appointment in one of its departments.
Azerbaijani bank announces new appointment

Baku, Azerbaijan, April 21

By Azad Hasanli - Trend:

Azer-Turk Bank has announced a new appointment in one of its departments.

Namid Abdulov was appointed director of Azer-Turk Bank's plastic card department, the bank said April 21.

"Abdulov replaced Kamran Akhundov," said a message posted on Azer-Turk Bank's website. "Akhundov has headed a new financial monitoring and supervision department of the bank."

Currently, some 17 departments operate in the bank.

Azer-Turk Bank JSC was founded in 1995.

The bank's shareholders are the Azerbaijani State Committee on Property Issues, which owns 75 percent of the equity, Turkish T.C. Ziraat Bankası (12.37 percent), Ziraat Bank International AG (1.08 percent), as well as AzRe company (6.55 percent) and Qala Life company (five percent).

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