AzSigorta managing staff steps down

AzSigorta managing staff steps down
# 14 September 2009 16:35 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. The Management Board of AzSigorta Insurance Company has tendered their resignation.

The company’s chairman Amir Adeli, deputy chairmen Khayal Mammadkhanli and Faig Huseynov sent in their resignation to the supervisory board. Their notices have yet to be confirmed.

The company said that the reason for this is the dispute between Emre Timurkan, the chairman of the supervisory board of AzFinansBank, and Khayal Mammadkhanli, a board member at AzSigorta, a member of the Supervisory Board at Azfinansbank, former Chairman of the Supervisory Board of AzFinansBank.
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THE OPERATION IS BEING PERFORMED