Management Board

Elman RüstəmovDr.Elman Siraj RUSTAMOV
Governor of the Central Bank of the Republic of Azerbaijan
Born: 1952 Jabrail district, Azerbaijan.

Education:

1973 Azerbaijan National Economy Institute named after D.Bunyadzadeh, faculty of “Planning of National Economy”, distinction graduate.
1975-1978 Post graduate course.
1990-1992 Institution of Doctoral Candidacy, Moscow.

Professional Career:

1973 Economist, Scientific Research Institute of Economy under the USSR State Planning Committee.
1974-1975 Military service.
1978-1980 Head of Economy Department, Baku Fine Broadcloth Union of the Ministry of Light Industry of the Azerbaijan SSR.
1980-1990 Chief Economist, Head of Division, Scientific Research Institute of Economy under the State Planning Committee.
1986 Candidate of Economic Sciences.
1991-1992 Chief Councilor, Presidential Office of the Republic of Azerbaijan.
1992, December First Deputy Chairman of the Management Board; the National Bank of the Republic of Azerbaijan.
1995, January Chairman of the Management Board of the National Bank of the Republic of Azerbaijan at the Order of the President of the Republic of Azerbaijan.
2000, April Chairman of the Management Board of the National Bank for a 5-year term.
2005, April Chairman of the Management Board of the National Bank for a 5-year term.
2010, April Governor of the Central Bank of the Republic of Azerbaijan for a 5-year term. Administrator for Azerbaijan at the World Bank Group.
2011 Doctor of Economics on the World Economy; the Moscow State University named after M.Lomonosov.
2012, February awarded with the Order of Glory for services in development of banking in the Republic of Azerbaijan.
2015, April Governor of the Central Bank of the Republic of Azerbaijan for a 5-year term.
Married with three children


Alim QuliyevAlim Salim GULIYEV
First-deputy Governor of the Central Bank of the Republic of Azerbaijan

Born: 1960, Tartar district, Azerbaijan.

Education:

1981 Azerbaijan National Economy Institute named after D.Bunyadzadeh, distinction graduate.

Professional Career:

1981 Economist, Shamakhi branch of the USSR State Bank.
1981-1983 Military Service.
1983, June December Economist, Shamakhi branch of the USSR State Bank.
1983, December – 1988 Inspector at Azerbaijan Republic bureau of the USSRState Bank, chief inspector in Supervision Department.
1988–1993 Leading Inspector at Joint Stock Agri-Industrial Commercial Bank, Chief Inspector in Department of Control and Inspection; later Deputy Chairman.
1993, January National Bank of the Republic of Azerbaijan, Head of Banking Supervision Division.
1995, March Director of Banking Supervision Department and Deputy Chairman.
1995, October – 1996, June, Joint Stock Savings Bank, Chairman of the Provisional Management Committee.
1996, June 14 Member of the Management Board in the National Bank of the the Republic of Azerbaijan.
1996, September 24 First-deputy Chairman of the Management Board.
2001, December Member of the Management Board for the second 5-year term by the Order of “Milli Meclis”.
2002 Candidate of economic sciences. Author of seven scientific works and one monograph.
2006, December Member of the Management Board for the third 5-year term by the Order of “Milli Meclis”.
2012, February Member of Management Board for the fourth 5-year term by the Order of “Milli Meclis”.
2012, February awarded with Order for the Service to the Motherland of the 3rd degree for services in development of banking in the Republic of Azerbaijan.
2017, March Member of Management Board for the fifth 5-year term by the Order of Milli Madjlis
Married with two children.
Vadim XubanovVadim Aladdin KHUBANOV
Deputy Governor of the Central Bank of Azerbaijan Republic

Born: 1963, Moscow, Russia.

Education:

1985 Azerbaijan National Economy Institute named after D.Bunyadzade, distinction graduate.

Professional Career:

1985 Chief Economist, Azerbaijan Republic bureau of the USSR State Bank.
1985-1987 Military service.
1987 Economist, District Office named after 26 Baku commissars at the Republic of Azerbaijan bureau of the USSR State Bank;
1987 Economist, Chief Economist, Head Economist Flat–Communal and Social Development Bank.
1991 Head of Credit Planning Division, Foreign Relations Bank of the Azerbaijan Republic,
1992 Director of Economic Analysis and Development of Foreign Relations Department, International Bank of Azerbaijan.
1993 Deputy Chairman of Management Board, International Bank of Azerbaijan
1995 First Deputy Chairman of the Management Board, IBA.
1996, June 14 Member of the Management Board in the National Bank of the Republic of Azerbaijan
1996, September 24 Deputy Governor of the Management Board.
2001, December Member of the Management Board for the second 5-year term by the Order of “Milli Meclis”.
2006, December Member of the Management Board for the third 5-year term by the Order of “Milli Meclis”.
2012, February Member of Management Board for the fourth 5-year term by the Order of “Milli Meclis”.
2012, February awarded with Medal of Progress for services in development of banking in the Republic of Azerbaijan.
2017, March Member of Management Board for the fifth 5-year term by the Order of Milli Madjlis.
Married with two children.
Avtandil BabayevAftandil Gasim BABAYEV
Deputy Governor of the Central Bank of the Republic of Azerbaijan

Born: 1957, Marneuli district, Georgia.

Education:

1978, Azerbaijan National Economy Institute named after D.Bunyadzade, distinction graduate.

Professional career:

1978, Economist, Planning Division, “Azkolkhoz Private Construction” Trust.
1979-1980, Military service.
1981-1983, Economist, Senior Economist, Head of Financial Division, the Ministry of Agriculture of the Republic of Azerbaijan.
1983-1984, Senior Economist, the Ministry of Finance of the Republic of Azerbaijan;
1984-1994, Deputy Head of Division, Head of Division, Deputy Director of Head Office, the State Committee on Prices.
1994, Deputy Head of Monetary Policy and Currency Regulation Department, The National Bank of the Azerbaijan;
1995, Director of Monetary Policy Department;
2000, July Executive Director, the National Bank of the Azerbaijan Republic.
2001, December Member of the Management Board of the National Bank of Azerbaijan by the Order of “Milli Meclis”.
2006, December Member of the Management Board of the National Bank of Azerbaijan for the second 5-year term by the Order of “Milli Meclis”.
2007, February Deputy Governor of the National Bank of Azerbaijan.
2012, February Member of Management Board for the third 5-year term by the Order of Milli Madjlis.
2012, February awarded with Medal of Progress for services in development of banking in the Republic of Azerbaijan.
2017, March Member of Management Board for the fourth 5-year term by the Order of Milli Madjlis.
Married, with three children.
Azərbaycan Respublikasının Mərkəzi Bankı 20 ildə