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Management changes in Azerbaijan’s National Depository Center

Business Materials 13 March 2018 10:33 (UTC +04:00)
A new composition of the Supervisory Board of Azerbaijan’s National Depository Center has been formed, the Center said in a message March 13.
Management changes in Azerbaijan’s National Depository Center

Baku, Azerbaijan, March 13

By Azad Hasanli - Trend:

A new composition of the Supervisory Board of Azerbaijan’s National Depository Center has been formed, the Center said in a message March 13.

Javid Nazarov was elected as chairman of the Supervisory Board.

This is while Muhammad Hasanli (Financial Market Supervisory Authority of Azerbaijan), Orkhan Baghirov (Invest-AZ), Tural Bayramov (Xalq Kapital), Bahruz Naghiyev (PASHA Bank) were elected as members of the Supervisory Board.

This decision was made at an extraordinary meeting of the Supervisory Board. During the meeting, steps were also identified to resolve legal and technical issues for integration of Azerbaijan’s National Depository Center to foreign depositories, deepening of the securities market, etc.

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