Nistec Design Executive and Leadership Team

May, 2026

Leadership Overview

Nistec Design has 4 executives leading key functions including strategy, technology, and operations.

Driven by a commitment to innovation, Nistec Design provides comprehensive services from initial design through final product manufacturing and assembly, impacting the industrial equipment sector with its end-to-end solutions.

Leadership Roles at Nistec Design

  • Chief Executive Officer - Rafi Abbasov
  • Chief Executive Officer, Nistec Merkaz - Elad Nissan
  • Chief Operating Officer - Waspy Armaz
  • Chief Technology Officer - Evgeny Makhline
  • Rafi Abbasov - Chief Executive Officer

    Rafi Abbasov, the Chief Executive Officer at Nistec Design, directs the overarching corporate strategy and vision. Abbasov guides the company's expansion efforts, ensuring alignment with market demands for integrated design, manufacturing, and assembly services. This leadership role involves fostering innovation across all departments and maintaining Nistec Design's position as a premier provider of industrial equipment solutions. Rafi Abbasov oversees critical business development initiatives and strategic partnerships that enhance the company's global reach and operational efficiency. The focus remains on delivering high-quality, end-to-end product realization for clients, leveraging decades of industry expertise. Abbasov's strategic direction ensures sustained growth and market leadership in a competitive landscape.

    Elad Nissan - Chief Executive Officer, Nistec Merkaz

    Elad Nissan, the Chief Executive Officer, Nistec Merkaz at Nistec Design, spearheads operations for the Nistec Merkaz division. Nissan manages the day-to-day execution of design, manufacturing, and assembly processes, ensuring seamless integration from concept to finished product. This executive focuses on optimizing production workflows and maintaining stringent quality control standards across all service offerings. Elad Nissan drives operational excellence, implementing advanced manufacturing techniques to enhance efficiency and product reliability. The role involves close collaboration with engineering and production teams to meet client specifications and project timelines. Nissan's leadership ensures that Nistec Merkaz consistently delivers on the company's promise of comprehensive, high-quality manufacturing solutions, reinforcing Nistec Design's reputation for end-to-end service.

    Waspy Armaz - Chief Operating Officer

    Waspy Armaz, the Chief Operating Officer at Nistec Design, directs the operational execution of the company's full-service model. Armaz oversees the intricate processes of design, manufacturing, and assembly, ensuring seamless integration and maximum efficiency across all production lines. This executive focuses on optimizing resource allocation, streamlining supply chain logistics, and maintaining rigorous quality assurance protocols. Waspy Armaz drives operational improvements that directly impact project delivery timelines and client satisfaction. The COO's responsibilities include managing production facilities and ensuring adherence to industry best practices, reinforcing Nistec Design's capacity to deliver complete product solutions. Armaz's leadership ensures the consistent, high-quality output that defines the company's end-to-end service offering.

    Evgeny Makhline - Chief Technology Officer

    Evgeny Makhline, the Chief Technology Officer at Nistec Design, architects the company's technological roadmap and innovation pipeline. Makhline oversees the integration of cutting-edge design and manufacturing technologies, ensuring Nistec Design remains at the forefront of the industry. This leadership position involves driving research and development initiatives, enhancing digital capabilities, and implementing advanced systems for product design and production. Evgeny Makhline guides the adoption of new tools and methodologies that improve efficiency, precision, and the overall quality of manufactured products. The CTO's strategic vision supports the company's ability to offer comprehensive, state-of-the-art solutions from initial concept through final assembly, solidifying Nistec Design's technological advantage.

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    Frequently Asked Questions Regarding Nistec Design Top Executives and Leadership Team

    Who leads Nistec Design?
    Nistec Design is led by Rafi Abbasov (Chief Executive Officer), along with executives such as Elad Nissan (Chief Executive Officer, Nistec Merkaz) and Waspy Armaz (Chief Operating Officer).
    Who is part of Nistec Design’s executive team?
    The executive team of Nistec Design includes leaders such as Rafi Abbasov (Chief Executive Officer), Elad Nissan (Chief Executive Officer, Nistec Merkaz), Waspy Armaz (Chief Operating Officer) and other senior executives.
    How many executives does Nistec Design have?
    Nistec Design has 4 executives leading key business areas.
    What roles are included in Nistec Design’s leadership team?
    The leadership team of Nistec Design includes roles such as Chief Executive Officer, Chief Executive Officer, Nistec Merkaz, Chief Operating Officer, Chief Technology Officer.