TuranBank OJSC Executive and Leadership Team

June, 2026

Leadership Overview

TuranBank OJSC has 4 executives leading key functions including strategy, technology, finance, and sales.

Driven by a commitment to financial excellence, TuranBank OJSC provides comprehensive retail and corporate banking services, empowering individuals and small to medium-sized enterprises across Azerbaijan with robust financial solutions and fostering economic growth.

Leadership Roles at TuranBank OJSC

  • Deputy Chief Executive Officer - Mahammad Kalashov
  • Chief Financial Officer & Deputy Chairman - Chingiz Aghayev
  • Chief Technology Officer & Board Member - Bakhtiyar Mammadov
  • Chief Sales Officer & Board Member - Emil Mursalov
  • Mahammad Kalashov - Deputy Chief Executive Officer

    Mahammad Kalashov, the Deputy Chief Executive Officer at TuranBank OJSC, directs operational execution and strategic implementation across the bank's diverse service offerings. Overseeing day-to-day banking activities, Kalashov ensures the seamless delivery of retail and corporate financial solutions to individuals and SMEs. This leadership position involves close collaboration with other senior executives to align departmental objectives with the bank's overarching growth targets. By optimizing internal processes and resource allocation, Mahammad Kalashov drives operational efficiency and enhances customer service standards. The Deputy Chief Executive Officer's focus remains on strengthening the bank's market position through disciplined execution and continuous improvement initiatives, directly supporting TuranBank OJSC's mission to be a leading financial institution in Azerbaijan.

    Chingiz Aghayev - Chief Financial Officer & Deputy Chairman

    Chingiz Aghayev, the Chief Financial Officer & Deputy Chairman at TuranBank OJSC, governs the institution's financial health and strategic capital management. Aghayev directs all financial planning, accounting operations, and risk management frameworks, ensuring compliance and fiscal integrity. This critical position involves overseeing budgeting, forecasting, and financial reporting to support informed decision-making for retail and corporate banking services. As Deputy Chairman, Chingiz Aghayev provides executive leadership and contributes to the strategic direction of TuranBank OJSC, focusing on sustainable profitability and shareholder value. The Chief Financial Officer & Deputy Chairman's responsibilities extend to optimizing the bank's capital structure and exploring investment opportunities to fuel expansion and enhance service delivery across Azerbaijan.
    Chingiz Aghayev

    Bakhtiyar Mammadov - Chief Technology Officer & Board Member

    Bakhtiyar Mammadov, the Chief Technology Officer & Board Member at TuranBank OJSC, architects the bank's technological vision and digital transformation roadmap. Mammadov oversees all aspects of IT infrastructure, cybersecurity, and digital product development, ensuring robust and secure banking platforms. This role involves driving innovation in financial technology to enhance customer experience and operational effectiveness for both retail and corporate clients. As a Board Member, Bakhtiyar Mammadov contributes strategic insights on technology's role in achieving business objectives and expanding market reach within Azerbaijan. The Chief Technology Officer & Board Member champions the adoption of cutting-edge solutions, from cloud computing to advanced data analytics, to maintain TuranBank OJSC's competitive edge and support its commitment to providing modern financial services.
    Bakhtiyar Mammadov

    Emil Mursalov - Chief Sales Officer & Board Member

    Emil Mursalov, the Chief Sales Officer & Board Member at TuranBank OJSC, spearheads the bank's revenue generation strategies and client acquisition efforts. Mursalov directs the sales teams responsible for expanding the bank's reach within the retail and SME sectors, driving growth through targeted outreach and relationship management. This role involves developing and implementing effective sales programs that align with TuranBank OJSC's overall business objectives and market penetration goals. As a Board Member, Emil Mursalov offers valuable perspectives on market dynamics and customer engagement strategies. The Chief Sales Officer & Board Member focuses on enhancing sales performance, fostering strong client relationships, and ensuring the consistent delivery of value-added banking solutions to a growing customer base in Azerbaijan.
    Emil Mursalov

    Explore Leadership Teams in Banking

    Frequently Asked Questions Regarding TuranBank OJSC Top Executives and Leadership Team

    Who leads TuranBank OJSC?
    TuranBank OJSC is led by Mahammad Kalashov (Deputy Chief Executive Officer), along with executives such as Chingiz Aghayev (Chief Financial Officer & Deputy Chairman) and Bakhtiyar Mammadov (Chief Technology Officer & Board Member).
    Who is part of TuranBank OJSC’s executive team?
    The executive team of TuranBank OJSC includes leaders such as Mahammad Kalashov (Deputy Chief Executive Officer), Chingiz Aghayev (Chief Financial Officer & Deputy Chairman), Bakhtiyar Mammadov (Chief Technology Officer & Board Member) and other senior executives.
    How many executives does TuranBank OJSC have?
    TuranBank OJSC has 4 executives leading key business areas.
    What roles are included in TuranBank OJSC’s leadership team?
    The leadership team of TuranBank OJSC includes roles such as Deputy Chief Executive Officer, Chief Financial Officer & Deputy Chairman, Chief Technology Officer & Board Member, Chief Sales Officer & Board Member.