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New CEO of Parex Leasing & Factoring appointed

New CEO of Parex Leasing & Factoring appointed

17 June 2009 14:38 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. Iqor Asipenko has been appointed as an Executive Director of the title subsidiary in Azerbaijan of Latviaâ€™s Parex Leasing & Factoring.

Prior to this, Iqor Asipenko had worked for the parent company - Parex Leasing in Latvia.

Rashad IsmayÄ±lov, former executive director of Parex Leasing & Factoring in Azerbaijan, landed a job at one of Russian-equity banks.

As at April 1, Parex Leasing & Factoring in Azerbaijan posted its leasing portfolio at $38.849 million.

The firm said its total equity rose by 32.4% to AZN 395 097 and authorized capital remained unchanged at AZN 40 770.

Parex Leasing & Factoring was registered in Azerbaijan in 2005.

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