New Head Appointed to the Credit and Market Risk Management Division

Rabitabank OJSC has announced another executive appointment. By the decision of the Bank’s Management Board, Nihad Gurbanzada has been appointed as the Head of the Credit and Market Risk Management Division within the Risk Management Department.

Nihad Gurbanzada has more than seven years of professional experience in the banking and financial sector. Throughout his career, he has gained extensive expertise in risk management, credit and market risk analysis, risk model development, analytical methodologies, and effective risk management practices. Since 2021, he has been working at Rabitabank, actively contributing to the enhancement of the Bank’s risk management framework and the implementation of various strategic initiatives.

In his new role, Nihad Gurbanzada will lead the development of Rabitabank’s credit and market risk management framework, strengthen the Bank’s overall risk management system, and oversee the implementation of strategic projects in this area.

For your information, Rabitabank OJSC has been operating since 1993, providing modern and accessible financial services under its "Convenient Banking" concept. The Bank’s authorized capital amounts to AZN 101.3 million. With its extensive branch network, digital banking solutions, and professional team, Rabitabank continues to deliver value-added services to its customers. The Bank’s principal shareholders are Zakir Alibala Nuriyev, President of the Azerbaijan Banks Association, and businessman Rauf Zeynal Aliyev.

Currently, Rabitabank OJSC provides a comprehensive range of banking services through 31 service outlets across Baku and 19 regions, 78 ATMs, the Rabita Mobile, Rabita Junior, and Rabita Business applications, its Internet Banking platform, and the 133 Contact Center.