Head of Bankrupt Tekhnika Bank Etibar Aliyev Appoints  His Son to Presidency of Alfa Sigorta

After JSC Tekhnika Bank was declared bankrupt, the Chairman of its Supervisory Board, Etibar Aliyev drew attention to the bank's subsidiary insurance company, Alfa Sigorta.

So, instead of Elshad Aliyev, his son Karamat Aliyev has become Chairman of the Board of Directors. Besides him, Nijat Akhundov and Saleh Imamaliyev have come instead of, respectively, Ayaz Gerayzadeh and Elshad Kerimov.

Jamal Aliyev retained the post of Chairman of the Board Alfa Sıgorta. However, the Board is also going to change – the company no longer requires the services of the Deputy Chairman Zahir Salahov and the Board member Ali Gasimov.

Alfa Sigorta with registered capital of 6.75 million AZN is a "daughter" of Tekhnika Bank, which acquired 100% of its shares in December 2006. It is licensed to provide 30 kinds of insurance services, including 6 compulsory and 24 voluntary types of insurance. --17D-

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