Board of Directors

Jalal GASIMOV
Chairman

Jalal Gasimov earned his Bachelor’s degree in economics from Azerbaijan Economy University, and his Master’s degree in Economic Relations from the Higher Diplomatic College of Azerbaijan. He completed his MBA at the Warwick Business School, UK.

Gasimov began his banking career at Ilkbank OSJC, Azerbaijan in 1999. In 2002-2003, he held various finance-related positions at private sector companies. From 2003-2004, he worked at Azpetrol Oil Company as a finance director, and served as the Deputy Chairman of the Board of Directors of Azpetrol Holding between 2004-2006. He joined the Moscow Office of McKinsey & Company as a consultant from 2006-2007. He held top management duties as CEO at the Bank of Baku, finance director at CRA Group Companies, and as the CEO and Chairman of the Executive Board at Unibank between 2007-2015, respectively. Jalal Gasimov joined PASHA Holding as the Head of the Banking Group and Deputy CEO in 2015, and served as the First Deputy CEO between October 2016 and December 2019 and from January 2020, became the CEO of PASHA Holding. He also serves as Supervisory Board Member at PASHA Insurance, PASHA Life, PASHA Investment, PASHA Technology, JSC PASHA Bank Georgia, and as the Chairman of the Supervisory Board of Kapital Bank OSJC.

Mr. Gasimov has been the Chairman of the Board of Directors of PASHA Yatırım Bankası A.Ş. since March 31, 2017, where he joined as a Board Member effective August 17, 2015.

He has 22 years of experience in banking and business administration.

Farid MAMMADOV
Deputy Chairman

Farid Mammadov earned his Bachelor’s degree in Political Science at Baku Institute of Social Management and Political Sciences, and his Master’s degree in Political Science at the Academy of Public Administration under the President of the Republic of Azerbaijan.

He began his banking career in 1999 as a loan officer at United Credit Bank CB. From 2001 to 2010, he worked at Bank of Baku OJSC as Director of Credit Department and subsequently as Deputy CEO. Mr. Mammadov joined PASHA Holding in 2012 as Director of Risk Management, while also serving as a Board Member at PASHA Bank OJSC until June 2013. He was the First Deputy CEO at Kapital Bank OJSC between 2013 and February 2017. He currently serves as Deputy CEO and Director of the Business Lines Group at PASHA Holding. He is Supervisory Board Member at PASHA Investment and Kapital Bank OJSC, in addition to his role as Chairman of the Supervisory Board at PASHA Insurance, PASHA Life, PASHA Technology and JSC PASHA Bank Georgia.

Mr. Mammadov has been the Deputy Chairman of the Board of Directors of PASHA Yatırım Bankası A.Ş. since March 31, 2017.

He has 22 years of experience in banking and business administration.

Javid GULIYEV
Board Member

Javid Guliyev graduated from the Azerbaijan University of Languages and from the Azerbaijan State Economic University majoring in Finances and Credit.

Javid Guliyev began his career in 1996 as Head of Clients Department in British Bank of the Middle East, a subsidiary of HSBC, and in 1999, he served as Head of Financial Control Department of the bank.

In 2003, Javid Guliyev joined Unibank first as advisor to the Board, and later, in 2004, he was appointed First Deputy Chairman of the bank. During the period between 2005 and 2012, Mr. Guliyev was First Deputy Chairman of Bank Standard.

In 2012, Mr. Guliyev was appointed Executive Finance Director at Capital Resources Advisors, Azerbaijan Branch. In 2014, he joined PASHA Holding as Chief Advisor.

Javid Guliyev began his career in PASHA Bank OJSC in 2015 as Business Development Advisor to the Chairman of the Bank's Board. On 22 February 2016, he was appointed Deputy Chairman of the Executive Board of PASHA Bank OJSC, on 1 March 2018 he was appointed Deputy Chairman of the Executive Board and Chief Commercial Officer of the Bank.

Mr. Guliyev joined PASHA Yatırım Bankası A.Ş. as a Board Member effective June 12, 2019.

He has 25 years of experience in banking and business administration.

Shahin MAMMADOV
Board Member

Shahin Mammadov graduated with a Bachelors’ degree in accounting and auditing from Azerbaijan State Economic University in 2002. He obtained his Master’s degree 2004. He also completed his Ph.D. study in Economy at the Azerbaijan Republic Science Academy in 2010 and graduated from the Harvard Business School in July 2017.

He started his business career at Yapi Kredi Bank Azerbaijan (formerly, Kochbank JSB Azerbaijan) in 2013 and then continued as Audit Manager at Deloitte&Touche LLC. In 2009, Mr. Mammadov was assigned to the position of Director of the Financial Management Department at PASHA Bank Azerbaijan and in 2011 he became a Member of the Executive Board. In 2013, he joined the Board of Directors of PASHA Bank Georgia supervising the business development function. In July 2014, Mr. Mammadov was appointed as the CEO and Chairman of the Board of Directors at PASHA Bank Georgia.

In January, 2018 Mr. Mammadov was assigned to the position of Business Support Director and Deputy CEO at PASHA Holding. On March, 1st, 2018 Shahin Mammadov became Member of the Supervisory Board of PASHA Bank Azerbaijan and on May 30th, 2018 became Member of the Supervisory Board of PASHA Bank Georgia. He is also Supervisory Board Member at PASHA Insurance, PASHA Life and PASHA Technology in Azerbaijan.

Shahin Mammmadov joined PASHA Yatırım Bankası A.Ş. as a Board Member effective March 31, 2015.

He has 18 years of experience in banking and business administration.

Kamala NURIYEVA
Board Member

Kamala Nuriyeva obtained her Bachelor’s degree in Banking Management from Western University in 1998, and her Master’s degree in Finance from Azerbaijan State Economic University in 2002.

Nuriyeva started her professional career at Postbank OJSC as an IT specialist. She worked there for seven years, ultimately becoming the Head of the Credit Department.

In 2003, she joined the Agricultural Rural Investment Fund, established under the TACIS program for agricultural industry development in Azerbaijan, serving as a loan officer. There, she was responsible for attracting customers, as well as loan origination and management. That same year, she was recruited by Unibank OJSC to work with Treasury control, where she was responsible for currency and market risk management. During 2004-2005, she served McDermott Caspian Contractors Inc. as a cost controller for the fabrication and installation of Central Azeri Offshore Platforms. In 2005, she joined the Bank of Baku OJSC as a deputy chief accountant responsible for accounting activities and management reporting.

She joined PASHA Bank in 2007 as an internal auditor, and was promoted to Head of the Risk Management Department in 2010. In 2011, she moved to PASHA Holding as Group internal auditor and was appointed the Chairperson of the Audit Committee at PASHA Bank, Azerbaijan. In 2013, she was appointed the Head of Group Risk Management at PASHA Holding. She is a Board Member and Chairperson of the Risk Committee at Kapital Bank OJSC Azerbaijan, Member of the Risk Committee at PASHA Bank Georgia and Member of the Investment Committee at PASHA Investment.

Ms. Nuriyeva joined PASHA Yatırım Bankası A.Ş. as a Board Member effective November 25, 2016.

She has 25 years of experience in banking and business administration.

Nuri TUNCALI
Independent Board Member

Nuri Tuncalı is a graduate of Bosphorus University, the Department of Business Administration. He had started his career in the year 1984 in Akbank T.A.Ş. as an Assistant Auditor, and continued his career at TEB A.Ş. as an Auditor after the year 1986 and he was Deputy Manager at Loan Control Department, Gayrettepe Branch and Loan Allocation Department from 1988 to 1996 and he served between years 1996-2001 as the Manager and Director of Loan Allocation Department; between years 2001-2011 as the Deputy General Manager in charge of Credit Allocation and Financial Analysis Group; between years 2011-2018 as the Deputy General Manager in charge of SME Credits Group. He served as a Member of the Credit Committee at TEB Factoring A.Ş. between 2001-2019 and as a Member of the Board of Directors at BNP Paribas Finansal Kiralama A.Ş. between 2017-2019.

Nuri Tuncalı has been serving as an Independent Board Member of PASHA Yatırım Bankası A.Ş. since March 29, 2019.

He has 37 years of experience in banking and business administration.

Ebru OĞAN KNOTTNERUS
Independent Board Member

Ebru Oğan Knottnerus graduated from Middle East Technical University, the Department of Business Administration. She started her banking career in 1991, with roles at various private sector banks and organizations as manager and senior manager in the fields of internal audit, internal control, financial control, planning & budget, MIS reporting, system software implementations and project management, predominantly focused on risk management.

She administered risk management activities of the bank and its subsidiaries as Risk Management President at T. Garanti Bankası A.Ş. between 2001 and 2018.

Since 2002, she has also been a Board Member and Chairperson of the Risk Managers' Association, of which she is a founding member.

Ms. Knottnerus has been serving as an Independent Board Member of PASHA Yatırım Bankası A.Ş. since July 2, 2018, and has simultaneously been a Board Member of PASHA Bank Georgia since December 31, 2018.

She has 30 years of experience in banking and business administration.

H. Cenk EYNEHAN
CEO and Board Member

Hikmet Cenk Eynehan earned a degree in economics from Erasmus University in the Netherlands, and a Bachelor’s degree in management from Monroe College in the USA; he completed an Executive MBA program at Koç University, Istanbul.

Mr. Eynehan started his banking career in 1994, serving in various management and business development capacities at DHB Bank (Nederlands) N.V. until 2001. He continued his professional career as a managing partner in the non-financial sector during 2002-2004. In 2005, he joined Şekerbank T.A.Ş. and held executive positions in various departments until 2010. He was Deputy General Manager in charge of Corporate Marketing & Sales at Ekspo Factoring A.Ş. from 2011 until 2013.

H. Cenk Eynehan has been serving since August 2, 2013 as the CEO and Board Member at PASHA Yatırım Bankası A.Ş.. He concurrently served as the Supervisory Board Member of PASHA Bank Georgia from September 2015 until December 2018.

He has 27 years of experience in banking and business administration.