AzerGold’s reorganized Supervisory Board holds inaugural meeting

The first meeting of the reorganized Supervisory Board of AzerGold CJSC was held on June 16.

Chaired by Matin Eynullayev, the newly appointed Chairman of the Supervisory Board, the meeting addressed key issues related to AzerGold CJSC's operations, including an increase in authorized capital, strategic development plans, financial and investment matters, production targets, and human resources.

Chairman Eynullayev emphasized the important role of AzerGold CJSC, a state-owned mining company, in the development of Azerbaijan's non-oil sector and the enhancement of its non-oil export potential. 

He highlighted the positive impact of Azerbaijan Investment Holding's efforts to improve AzerGold's efficiency through the implementation of best practices, modern management principles, and the adoption of contemporary corporate governance standards. 

Eynullayev emphasized that the cooperation between AIH and AzerGold, established as a logical continuation of the structural reforms initiated by the President of the Republic of Azerbaijan to address the modern challenges facing the country's economy, is progressing successfully.

The meeting reviewed the implementation of tasks outlined in relevant decrees and orders of the President of the Republic of Azerbaijan and adopted relevant decisions on all agenda items.