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Shahmar Movsumov – CEO, State Oil Fund of the Republic of Azerbaijan (SOFAZ)

icraci [AZ]

Date of birth: 01.31.1972


1990 - 1995   Department of International Economic Relations of Moscow State Institute of International Relations, Economist

2003 - 2004   John Kennedy School of Government, Harvard University  Master in Public Administration. Specialization: Public Finance
Work Experience:

1995 - 2005 Central Bank of the Republic of Azerbaijan, Senior specialist, Head of Group, Chief of Division, Deputy Department Director, Department Director, Chief Adviser to the Chairman of the Management Board.

2005 - 2006 Central Bank of the Azerbaijan Republic, General Director.

2006 - present State Oil Fund, CEO.

2006 - 2017 Chairman of the Government Commission on the Extractive Industries Transparency Initiative.

2013-present Independent member of the Supervisory Council of VTB Bank OJSC

5 April 2017 - present Chairman of the Extractive Industries Transparency Commission.

14 March 2018- present Chairman of the Supervisory Board of International Bank of Azerbaijan.

20 september 2018 – present Board member of International Forum of Sovereign Wealth Funds.

Foreign Languages:  English, French, Russian, Turkish

Marital status:  Married with three children