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oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

Supervisory Board

Supervisory Board

Activities of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) in the field of assets accumulation and spending are overseen by a Supervisory Board. The Board is to review Fund's draft annual budget, annual report and financial statements along with auditor's opinion and provide its comments. Members of the Supervisory Board are appointed by the President of Azerbaijan.

Seven members of the Supervisory Board were appointed in accordance with the Presidential Decree dated December 9, 2019.

Members of the Supervisory Board

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Ali Asadov

Prime Minister of the Republic of Azerbaijan

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Adil Aliyev

Deputy-Speaker of the Parliament of Azerbaijan Republic (Milli Majlis)

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Shahmar Movsumov

Assistant to the President of the Republic of Azerbaijan - Head of the Department of Economic Issues and Innovative Development Policy of the Presidential Administration

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Natig Amirov

Assistant to the President of the Republic of Azerbaijan - Head of the Department of Economic Policy and Industrial Issues

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Samir Sharifov

Minister of Finance of the Republic of Azerbaijan

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Mikayil Jabbarov

Minister of the Economy of the Republic of Azerbaijan

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Taleh Kazimov

Chairman of Central Bank of the Republic of Azerbaijan

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