oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

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 of the Republic of Azerbaijan

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 of the Republic of Azerbaijan

oil fund

Date of birth

01.31.1972

Education

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

Foreign Languages

English, French, Russian, Turkish

Marital status

Married with three children.

Work experience

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

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

2006 - 2019 CEO, The State Oil Fund of the Republic of Azerbaijan.

2017-2019 - Chairman of the Government Commission on the Extractive Industries Transparency Initiative.

2016-2019 - Member of Extractive Industries Transparency Initiative Board.

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

2014-2019 - Member of the Supervisory Board of Southern Gas Corridor JSC.

2016-2019 - Member of the Financial Stability Board.

2017-2019 - Chairman of the Extractive Industries Transparency Commission.

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

2018-2019 - Board member of the International Forum of Sovereign Wealth Funds.

29 November 2019 - Appointed as Assistant to the President of the Republic of Azerbaijan - Head of the Department of Economic Issues and Innovative Development Policy of the Presidential Administration of the Republic of Azerbaijan by the Presidential Order.

9 September 2020-present - Member of the Economic Council.