Azerbaijan appoints new governor after dismissing predecessor
New governor faces rising inflation and stagnant growth after president fires 27-year incumbent
Azerbaijan’s president appointed a new central bank governor today (April 13), one day after the departure of the man who held the job for 27 years.
Official media announced yesterday that Azerbaijan’s parliament, which observers say is closely controlled by president Ilham Aliyev, voted to remove Elman Rustamov as governor. Today it voted to appoint Taleh Kazimov to the role, a day after naming him to the central bank board.
Brief reports in state-run media today said the authorities had
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