27 Oct. 2014
New Chairman of the Management Board was appointed at Rabitabank Open Joint-Stock Company
General Meeting of the Shareholders of Rabitabank Open Joint-Stock Company was held on October 24, 2014. In addition to discussion of the other questions, Elchin Gadimov was appointed to the position of the MB Chairman at the meeting, as well.
Elchin Gadimov has been working in Rabitabank OJSC as Deputy CEO since 2006. He previously has been employed as Deputy CEO by various commercial banks and in different capacities in Azerbaijan International Bank and Deposit Bank. Elchin Gadimov studied in the faculty of Accounting and Audit and graduated from Azerbaijan State Economic University having obtained Bachelor’s and Master’s degrees and got MBA degree in the USA, as well.
Rabitabank has been operating since 1993. Assets of the bank was AZN 261 million, total capital AZN 55 million and profit before taxes AZN 3.3 million as of 30th September. The Bank covers Baku and 16 regions of the country with the service network consisting of 22 branches and 2 divisions.