The International Bank appointed a new CEO, Vasif Ahmadov. He replaced in this post Abbas Nasibov, who resigned as desired.
The bank's press service confirmed this information, saying that the appointment was made on 14 December. Prior to IBA, Ahmadov served as first deputy chairman of the insurance company Ateshgah Insurance.
In general, the International Bank has CEO. In addition to the Ahmadov, the bank's General Directors are Hidayat Sultanov and Fuad Islamov.
Recall that on 8 December the head of the International Bank of Azerbaijan Elmar Mammadov was dismissed and replaced by Khalid Ahadov. -------71D
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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