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New appointments at Azerbaijan’s Pasha Life insurance company

Business Materials 21 July 2016 14:23 (UTC +04:00)

Baku, Azerbaijan, July 21

By Azad Hasanli – Trend:

Lala Jafarova and Rustam Mammadov have become members of the Management Board at Azerbaijani insurance company Pasha Life.

The company’s Management Board, which is headed by Mursal Rustamov, also includes First Deputy Chairman Niyaz Ismayilov and Deputy Chairman Dilara Babayeva, according to the message posted on Pasha Life’s website.

PASHA Life insurance company operates since 2011. It is the largest life-insurance company in Azerbaijan.

As of July 1, 2016, the company’s authorized capital amounted to 40.25 million Azerbaijani manats (1.5693 AZN/USD on July 21).

Currently, one reinsurance company and 25 insurance companies operate in Azerbaijan.

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