Baku, Azerbaijan, May 11
By Anvar Mammadov - Trend:
Deputy Chairman of Azerbaijan’s State Committee for Property Affairs Rustam Shahbazov has replaced Sahil Babayev at the Supervisory Board of the International Bank of Azerbaijan (IBA).
This decision was made at a regular meeting of the bank’s shareholders May 11.
Sahil Babayev was previously appointed by the order of Azerbaijani President Ilham Aliyev, dated April 21, 2018, as minister of labor and social protection of the population.
At the meeting, the provision on the Supervisory Board of the IBA was also approved. Other issues related to the activities of the IBA Board and the Audit Committee were considered, and a new committee was formed.
Azad Mammadov was appointed Chairman of the Audit Committee, while Zamig Mammadov and Vugar Badalov were appointed members of the Committee.