Ali Akhmedov

State Oil Company of Azerbaijan Republic engages in the exploration of oil and gas fields. It produces, processes, and transports oil, gas and gas condensate; markets petroleum and petrochemical products in domestic and international markets; and supplies natural gas to industry and the public. The company was founded on September 13, 1992 and is headquartered in Baku, Azerbaijan.

Black Sea Trade & Development Bank engages as a financial institution, which focuses on accelerating development and promoting cooperation among its shareholder countries. It operates through the Lending and Treasury segments. The Lending segment represents investments in projects such as loans, equity investments, and guarantees. Treasury segment includes raising debt finance, investing surplus liquidity, and managing the foreign exchange and interest rate risks of the bank. The company was founded on January 24, 1997 and is headquartered in Thessaloniki, Greece

State Oil Fund of the Republic of Azerbaijan (SOFAZ) is the Republic of Azerbaijan's extra-budgetary fund which was established by Presidential Decree in 1999 to accumulate and manage energy-related earnings. The Fund aims to ensure intergenerational equality with regard to benefit from the country's oil wealth, while improving the economic well being of the population today and safeguarding the economic security of future generations. SOFAZ is an independent legal entity whose operation is guided by the Constitution and laws of the Republic of Azerbaijan, Presidential Decrees and Resolutions and the Fund's Regulations. The Fund is responsible to the President of the Republic of Azerbaijan, to their Supervisory Board and to the Chamber of Accounts established by Parliament. The fund's activities are overseen by a Supervisory Board chaired by the Prime Minister. The Board consists of executive and legislative representatives, including government ministers and members of Parliament. The Fund is lead by an Executive Director, appointed by the President of the Republic of Azerbaijan. Their Investment Board, comprising senior officials of the Fund, manages all investment-related activity. SOFAZ does not invest in currency arbitrage, swaps, forwards and futures (except for the purpose of hedging or optimizing the currency composition of the investment portfolio and structure of the Fund's assets), precious metals and stones or real estate. The development areas and objectives of the Fund's international relations include promoting relations with multilateral international financial institutions, cooperating with international organizations with regards to application, study and sharing of experience, building business relations and contacts and enhancing existing partnerships.

State Oil Fund of the Azerbaijan Republic (Investment Management) (SOFAZ-IM) is the investment management division of the Government of Azerbaijan's State Oil Fund of Azerbaijan Republic. Headquartered in Baku, the firm was founded in accordance with the Decree of the President of the Republic of Azerbaijan in 1999 to accumulate and efficiently manage oil revenues. SOFAZ-IM safeguards and prudently manages energy-related earnings for present and future generations. They aim to transform deflectable hydrocarbon reserves into financial assets generating perpetual income.

International Bank of Azerbaijan OJSC International Bank of Azerbaijan OJSC provides commercial banking services. Its services include loans, deposits, cards, e-services, money transfers, accounts and 24/7 banking. The company was founded on January 10, 1992 and is headquartered in Baku, Azerbaijan.

Azerbaijan Investment Co. JSC (AIC) is a joint-stock firm based in Baku, Azerbaijan. Established in 2006 through an edict of the President of Azerbaijan, AIC is state-owned. AIC is the investment manager of the Azerbaijan Investment Fund.

ECO Trade & Development Bank provides banking services. Its products include corporate and project financing, banks and financial institutions financing, eligibility and monitoring. The company was founded on August 3, 2005 and is headquartered in Istanbul, Turkey.