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

oil fund

Ali Asadov

Prime Minister of the Republic of Azerbaijan

oil fund

Musa Gasimli

Deputy Speaker of the Milli Majlis of the Republic of Azerbaijan

oil fund

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

oil fund

Natig Amirov

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

oil fund

Sahil Babayev

Minister of Finance of the Republic of Azerbaijan

oil fund

Mikayil Jabbarov

Minister of the Economy of the Republic of Azerbaijan

oil fund

Taleh Kazimov

Chairman of Central Bank of the Republic of Azerbaijan