At the 18 March meeting of the Supervisory Board of the International Bank of Azerbaijan (IBA) Jahangir Hajiyev was granted a request to release him from his post as chairman of the Board of the institution for health reasons.
Temporarily the duties were entrusted to the first deputy chairman Emil Mustafayev.
Representing the Azerbaijan State in the bank, the Ministry of Finance assured that it would continue to give its full support to the development of the country's largest bank, said the IBA website.
54-year-old Hajiyev headed IBA since 2001.
IBA is the largest bank in the country and the only bank in which a majority stake is owned by the state. -06D--
Economics
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Representatives of Azerbaijan's Land Transport Agency (AYNA) and the State Customs Committee visited the Julfa and Poldasht border checkpoints to address challenges in cargo transport and enhance border efficiency with Iran.
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The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
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The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
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The Cabinet of Ministers of Azerbaijan has announced key amendments to various regulatory acts to ensure compliance with the law adopted on May 24, 2024, aimed at updating the Tax Code, the Customs Code, and laws on state duties and licensing.
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