Kamol Makhmudov was appointed new head of the representative office of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan. Reports about it trend.
“I am glad to lead the operations of the EBRD in Azerbaijan, a country with great potential to become a” green “champion in the bank’s portfolio.” Green “transition is a huge challenge for each country, and we can help Azerbaijan in its efforts. . Our goal is to provide efficient and long-term financing, while giving the priority to the private sector, “said Kamol Mahmudov.
Mahmudova is a citizen of Uzbekistan and the UK, previously held senior positions in the Trade Facilitation Program (TFP) EBRD. Since 2009, it has been making a global mission, heading the expansion of the bank in the Middle East, North Africa and Cyprus.
EBRD – Institutional Investor in Azerbaijan. To date, the Bank has invested 3.2 billion euros in 177 projects in the country. The main activities of the Bank covers the development of the country’s non-oil sector, strengthening local banks and an increase in investment in the Green Economy.