The general meeting of shareholders of OJSC Capital Bank on May 27 decided on changes in the composition of the Supervisory Board and the Audit Committee.
The President of the Supervisory Board Mir Jamal Pashayev resigned from his post in connection with the work in Pasha Holding, where he is the Executive Director. The new Chairman of the Supervisory Board of OJSC Capital Bank is Jalal Gasimov. Gasimov was recently appointed Chairman of the Board of Pasha Bank.
There were also changes in the composition of the Audit Committee. Araz Agayev as Chairman of the Audit Committee was replaced by Parvin Ahadov. 08B
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review