The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) announced that Farid Isayev, Head of Tax and Legal Department at KPMG Azerbaijan, has been elected as Chairman of the Board of Directors in the AHK Board meeting dated 11 December 2019, succeeding Falko Heidrich, a General Branch Manager of PWT Wasser- und Abwassertechnik GmbH, Report informs referring to AHK Azerbaijan.

Farid Isayev holds LLB degree in International Law from Kingston University, London UK. He has extensive experience in legal consultancy in various areas, such as oil and gas industry, migration, labour construction, Public-Private Partnerships, corporate and international trade law, as well as working in banking and insurance sectors. Prior to joining KPMG in 2013, Farid worked at Law Practice for one of Big 4 consulting companies in Baku. His international experience includes assignment at one of the world’s largest commodity traders – Glencore International in its London office specialising in oil and gas trading.

On the Board of AHK Azerbaijan since 2013, Farid Isayev became its Deputy Chairman in 2016. He is also a member of the Governmental Commission on Business Environment and International Ratings, focusing on Corporate Governance, Investments, Investor Relations, Business Ethics and Corporate Social Responsibility topics and is regularly publishing articles on relevant business matters.

The new Board of the Chamber consists of Farid Isayev – Head of Tax and Legal Department at KPMG Azerbaijan Ltd, Dr Henning Sasse – Chief Executive Officer at NORM LLC, Anar Hasanov – Chief Executive Officer and Board Director at AccessBank Azerbaijan, Dr Michael Hilmer – Vice President of Gas supply for the Southern Region at Uniper Global Commodities SE, Walter Gag – General Director at Hyatt Regency Baku Hotel, Aliyar Hashimli – Business Development Manager for the Caspian Region at Weidmüller Interface GmbH & Co. KG, and Tobias Baumann – the Executive Director of AHK Azerbaijan.

The term of the Board lasts for three years.

The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) is the official representative of the German economy in Azerbaijan providing information services and support to the companies in their market and business research since 2012. The AHK Azerbaijan emerged from the German-Azerbaijan Business Association (DAWF) founded in 1999. With over 140 member companies, the AHK Azerbaijan is the most powerful European economic association in Azerbaijan. Companies can particularly benefit from the well-developed network of AHK in the economy and politics of Azerbaijan. While actively representing the interests of its member companies, the AHK Azerbaijan also offers a wide range of reliable business and legal services.