New heads appointed to two state banks - UPDATED

New heads appointed to two state banks - <span style="color: red;">UPDATED
# 08 December 2016 13:55 (UTC +04:00)

Former first deputy chairman of Bank Standard’s Management Board Orkhan Khubanli has been appointed as an acting chairman of Management Board of Azer-Turk Bank OJSC under the decision of bank’s Supervisory Board.

*** SAAT 16:21

Chairman of Management Board of International Bank of Azerbaijan (IBA) Elmar Mammadov was dismissed under the decision of IBA Supervisory Board.

Khalid Ahadov, former acting chairman of Azer-Turk Bank’s Management Board, has been appointed as the chairman of IBA Management Board.