Farid Mammadov has been appointed as the Business Group Director and Deputy CEO at PASHA Holding effective from February 2017.

Mr. Mammadov will be responsible for identification of strategic directions, implementation of strategic plans and assessment of strategic opportunities for business group consisting of seven organizations (PASHA Bank Azerbaijan, PASHA Bank Georgia, PASHA Bank Turkey, Kapital Bank, PASHA Insurance, PASHA Life Insurance and Investment Unit). In his new position, Mr. Mammadov will be responsible for activities within the Business Group and for communication between Corporate Center and Business Group.