Samir Rzayev was born on August 12, 1973 in Baku.
In 1996, he graduated from the "Accounting" faculty of Azerbaijan State University of Economics.
He started his banking career in 1995 as an accountant-operator at Renaissance Commercial Bank, and in 1997-1999, he worked as the Deputy Chief Accountant at the same bank.
In June-September, 1999, he worked as the Chief of the "Correspondent Relations" Division at the Bank of Baku Commercial Bank.
In 2001-2003, he worked as the Trader in the "Commercial Operations" Division at Most Bank Azerbaijan Commercial Bank, and later as the Chief Accountant of the branch and Deputy Chief Accountant of the "Accounting" Division of the "Finance" Department.
From 2003 to 2009, he worked as the Deputy Director of the "Finance" Department of Bank Standard and Director of the "Business Processes and Institutional Development" Department.
In 2009-2017, he served as the Deputy Chairman of the Management Board of that bank.
From 2017 to present, he has been working as the General Director (on Finance and Infrastructure) of Rabitabank OJSC.