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Sovereign Wealth Funds Briefing - Categorized | People

Azerbaijani prime minister re-elected chairman of SOFAZ supervisory board

Posted on 25 April 2014

A meeting of Azerbaijani State Oil Fund (SOFAZ) supervisory board decided to recommend the fund’s 2013 budget execution project for the approval by Azerbaijani President, according to a message from SOFAZ.
SOFAZ said on Thursday, April 24 that the supervisory board meeting chaired by Artur Rasizadeh, Azerbaijan’s Prime Minister and the Supervisory Board’s Chairman, discussed the fund’s annual report and audited financial statements for 2013 and the report on execution of the 2013 budget. “The supervisory board approved the SOFAZ’s 2013 annual report and Auditor’s (PricewaterhouseCoopers) Report as submitted by the executive director of the fund,” according to the message from SOFAZ………………………………………..Full Article: Source


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