Bank Of Baku

Access Bank makes changes in composition of Supervisory Board

Access Bank makes changes in composition of Supervisory Board
# 05 October 2011 10:52 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Access Bank owners have appointed Orkhan Aytemiz to the chairman of Supervisory Board, Yeva Uittin to membership of Supervisory Board.

Bank says O. Aytemiz was the director of Project Financing Group of Black Sea Trade and Development Bank (BSTDB). He has become member of Supervisory Board since 2002.

Y. Uittin was a director of KfW Bank on Eastern Europe, Caucasus and Central Asia, as well member of Access Holding’s Supervisory Board (one of the founders of Access Bank).

These appointments were carried out after resignation of Supervisory Board’s former chairman Michael Jainzik.

Remind that, Access Bank has been in operation since 2002. Founders of bank are EBRD (20%), IFC (20%), BSTDB (20%), German KfW Bank (20%), Access Holding (16.53%) and LFS Financial Systems GmbH Company (3.47%).






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