New appointment at Bank of Baku

By  Trend

Nahid Zeynalov, first deputy chairman of the Management Board at Bank of Baku OJSC, has been appointed to temporarily serve as acting chairman of the Management Board, says a message on the bank’s website.

He succeeds Zaur Garaisayev, who was earlier appointed the chairman of the Supervisory Board at IBA-Moscow, a subsidiary of the International Bank of Azerbaijan in Russia.

Bank of Baku was established in 2005 following the merger of two private banks – Bank of Baku OJSC and IlkBank.