Azerbaijan, Baku /corr. Trend I.Khalilova / A new chairman was elected to the Board of Directors of the Millikart joint stock company during Board's meeting on 14 August, Jalal Orujev, the active director of the Millikart processing centre, said. According to him, the Executive Director of Azerdemiryolbank, Khayal Alizade, was elected as chairman for the next one year. In addition, the meeting focused on the current issues. Before Alizade, the position was held by the chairman of the Executive Board of Bank Respublika, Khadija Hasanova.
"Millikart" was established on 14 June, 2006. The founders of the centre are Atabank, AzerDamirYolBank, AzerTurkBank, Bank of Baku, CIBank DebutBank, AmrahBank, KhlgBank, KredoBank, Microfinancing Bank of Azerbaijan, ParaBank, RabitaBank, RespublikaBank, Bank Standard, TekhnikaBank, TuranBank, UniBank and ZaminBank.