Heydar Babayev

Heydar Babayev Aydin oglu (Azerbaijani: Heydər Babayev Aydın oğlu; born 1957) was an Azerbaijani politician serving as the Chairman of State Committee for Securities under auspices of the President of Azerbaijan and Minister of Economic Development.

Heydar Babayev
Heydər Babayev
Minister of Economic Development
In office
October 19, 2005 – October 31, 2008
PresidentIlham Aliyev
Preceded byFarhad Aliyev
Succeeded byShahin Mustafayev
Chairman of State Committee for Securities (under auspices of the President of Azerbaijan)
In office
July 26, 1999 – October 19, 2005
Preceded byoffice established
Succeeded byRufat Aslanli
Personal details
Born1957 (1957) (age 64)
Baku, Azerbaijan

Early life

Babayev was born in Baku, Azerbaijan. In 1980, he graduated from the International Economic Relations department at Taras Shevchenko National University of Kyiv in Ukraine. He started his career working as an inspector at the Chamber of Commerce of Azerbaijan Republic. In 1981, he was assigned to work as foreign exchange inspector and later assistant manager of economy department at the USSR Foreign Economic Relations Bank. After the collapse of Soviet Union, he was employed as the representative of Xariciiqtisadibank in Turkey. In 1997, he was elected Vice President of Mostbank and was assigned to lead its chapter in Great Britain.[1]

Political career

With establishment of State Committee for Securities under auspices of the President of Azerbaijan Republic on July 26, 1999 he was appointed its chairman by President Heydar Aliyev (Later on, the agency was re-established as an independent government committee on November 19, 2008).[2] On October 19, 2005 Babayev was appointed Minister of Economic Development after the previous minister Farhad Aliyev was sacked by President Ilham Aliyev in the run-up to parliamentary election of 2005. On October 30, 2008 Babayev was removed from his post being replaced by Shahin Mustafayev in the government reshuffle.[1][3][4]

See also

References
  1. "Biographies database. Heydər Babayev". Retrieved 2011-01-25.
  2. "V.I.P. INTERVIEWS. Mr. Heydar Babayev". World Investment News. 2003-12-19. Retrieved 2011-01-25.
  3. "Heydər Babayev vəzifəsinə təkrar təyin edilmədi" [Heydar Babayev not re-appointed to his post]. BBC News. 2008-10-31. Retrieved 2011-01-25.
  4. "Heydar Babayev sent to resignation". Today.az. 2008-11-01. Retrieved 2011-01-25.


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