AZƏRBAYCANDA KORONAVIRUSLA BAĞLI XƏBƏRLƏR

Three financial state structures liquidated

Three financial state structures liquidated

Economy
03 February 2016, 16:44 879
According to a decree signed by President Ilham Aliyev on establishment of a public legal entity of the Financial Market Supervisory Body in Azerbaijan, the State Committee for Securities, State Insurance Supervision Service under the Finance Ministry and Financial Monitoring Service under the Central Bank of Azerbaijan have been liquidated.

All the property of these state structures will be transferred to the financial market supervisory body.

 

A Board of Directors of the Financial Market Supervisory Body will consist of 5 persons. Appointment, dismissal of chairman and members of the Board of Directors are carried out by the president.

 

A Working Group created for providing operation of the Financial Market Supervisory Body includes following persons: 

 

Head of Working Group

 

Rufat Aslanli – Chairman of the State Committee for Securities

 

Members of the Working Group

 

Asim Mammadov – Chairman of Xalg Bank

 

Jalal Gasimov – Chairman of Kapital Bank’s Supervisory Board

 

Faiq Huseynov – Chairman of Unibank Management Board

 

Rovshan Javadov – head of Investment Department at SOFAZ

 

Zeka Mirzeyev – head of sector, Department of Financial and Insurance Markets Regulation, Ministry of Finance

 

(APA)