AIH Supervisory Board discusses performance reports of its portfolio companies

The Supervisory Board of AIH discussed performance reports of portfolio companies under AIH management and key financial indicators in a meeting held on 24 April, chaired by Ali Asadov, Prime Minister of the Republic of Azerbaijan and Chairman of the Supervisory Board. 

Performance reports of portfolio companies under AIH management and key financial indicators, such as gross income and EBITDA; results of the corporate governance assessment project of the AIH and its portfolio companies by the Economic Cooperation and Development Organization (OECD); an overview report on the operation and strategic vision of "Azerbaijan Caspian Sea Shipping" CJSC; guidelines for budgeting, approval, and control for the portfolio companies, and other existing issues were comprehensively discussed during the meeting.

The meeting also encompassed reports from Ruslan Alikhanov, CEO of Azerbaijan Investment Holding, and Rauf Valiyev, Chairman of Azerbaijan Caspian Shipping CJSC.

At the end of the meeting, decisions were made on the discussed issues, taking into account the opinions and suggestions of the Supervisory Board members, and relevant instructions were given to the Board of Directors of the Holding.