The Central Bank of Azerbaijan has made new appointments. In connection with the transfer of the authority of the Department of Prudential Policy and Methodology to the management of the Financial Market Control House (FMCH), its head Leila Nabiyeva became the Director of the Department of International Cooperation and Communication.
The new head of the CBA Chairman Office is the head of the former Financial Monitoring Service (FMS) Adishirin Gasimov, as the FMS functions were transferred to FMCH.
Recall that in April Ali Ahmadov was appointed the Director of the CBA Market Operations Department instead of Nigar Mammadova, who was appointed by the Head of State Vice President of the Board of Directors of FMCH on March 28. --17D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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