New Chairman of Supervisory Board at BSE

At a December 21 general meeting of shareholders of Baku Stock Exchange, Rovshan Allahverdiyev was elected the new Chairman of the Supervisory Board of the Exchange.

Rovshan Allahverdiyev from 2013 has held the position of Chairman of the Board of JSC Capital Bank. In the Supervisory Board he replaced another representative of the bank, Yashar Mammadov.

By the decision of shareholders, the former Chairman of the Supervisory Board of the BSE was suspended from membership in that body. As a member of the Supervisory Board he was replaced by Fuad Islamov, one of the three Directors-General of the International Bank of Azerbaijan.

In total, the Supervisory Board includes representatives of 7 of the 20 shareholders of the BSE.

BSE was established in 2000 and is the only exchange platform for the participants of the stock market. ---08D

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