The new chairman of the board of the Azerbaijani Insurance Company AtaS?gorta has been appointed, the company told Trend on Tuesday.
In accordance with the decision of the Board of Directors, Museib Aliyev succeeding Tamerlan Hajiyev is appointed the Chairman of the Board. Aliyev has previously served as the deputy dhairman of the board of AtaBank. AtaBank and AtaS?gorta belong to the group of companies AtaHolding.
Orkhan Mammadov, a former member of the board of Pasha S?gorta insurance company is appointed the First deputy chairman of the board of Pasha S?gorta.
"Changes in the management of the company are associated with the beginning of a new stage in its development and are executed by the will of the shareholders. Regardless the short time period of the new leadership [from November 2012], its work has already provided some positive results," the company reported.
AtaSigorta OJSC has been operating at insurance market since 2004.
AtaSigorta provides 26 classes of insurance, 22 of which are voluntary and 4 are compulsory. The Company is a founder and member of the Compulsory Insurers Bureau. The paid-up share capital of AtaSigorta (a member of group of companies AtaHolding) is AZN 5.6 million.
The company has four branches and four representative offices./Trend/