Details added (first version posted on 12:16)
Baku, Azerbaijan, May 6
Chairman of the Ziraat Bank Azerbaijan's Executive Board Avni Demirci and CEO of Azercell Telecom LLC Vahid Mursaliyev have been elected the new board members of Azerbaijan Turkey Business Association (ATIB), said ATIB message May 6.
The new members succeeded Rashad Rasullu (advisor to the chairman at Azerbaijan's Montenegro based Azmont Investments company) and Ali Gumush, who have left the Management Board due to a large volume of work and the completion of labor activity in Azerbaijan, respectively.
This decision was made at ATIB's recent meeting, during which the ATIB Chairman Cemal Yangin presented the report on activities for 2015. Chairman of the Audit Comission and the Chairman of the AXA MBASK Insurance company gave an opinion on financial statements.
ATIB was established in April 2004 and brings together more than 100 companies with Azerbaijani and Turkish capital operating in the spheres of manufacturing, services, financial sector. ATIB member companies invested more than $3 billion in Azerbaijan's non-oil sector.