AmCham Legal & Compliance Committee’s May Meeting

On May 12, 2026, the AmCham Legal & Compliance Committee held a meeting titled “Resolution and Prevention of Business-Related Disputes.”The event brought together legal experts from both the public and private sectors, compliance professionals, committee members, and representatives of the leading business community to discuss key challenges related to commercial dispute resolution in Azerbaijan, judicial practice, and preventive compliance measures for businesses.Opening remarks were delivered by Mr. Kamil Valiyev, Board Member of AmCham Azerbaijan, who welcomed participants to the meeting and highlighted the importance of fostering dialogue between the business and legal communities.The meeting continued with welcoming remarks by Ms. Bahar Kavuzova, Chairperson of the AmCham Legal & Compliance Committee, who emphasized the importance of strengthening legal awareness, improving dispute resolution practices, and promoting a proactive compliance culture within the business community.The meeting was held in an interactive discussion format moderated by Ms. Bahar Kavuzova, who guided the conversation through a series of questions addressed to the invited speakers. The discussion covered various aspects of commercial disputes, judicial practice, and compliance measures in Azerbaijan.Ms. Nazli Ahmadova shared insights on the general overview of commercial disputes in Azerbaijan, focusing on key issues identified by the Business Law Committee of the Azerbaijani Bar Association. She also reflected on ongoing discussions with courts and relevant stakeholders regarding practical challenges and recent developments in dispute resolution practices. During her remarks, Ms. Ahmadova highlighted existing gaps within both substantive and procedural legal frameworks and also drew attention to AmCham’s contributions to the regulatory environment, including recommendations reflected in the AmCham White Paper.Mr. Fuad Gashamov discussed commercial disputes from a consulting and law firm perspective, emphasizing the importance of aligning client expectations with judicial realities. Drawing on his experience in complex cross-border disputes, he shared practical observations on legal strategy, dispute management, and communication between clients and legal advisors. He also provided a comparative overview of B-READY statistics, noting cases where inconsistencies between the existing regulatory framework and practical implementation create challenges for businesses and hinder the formation of a predictable business environment.Mr. Dunyamin Novruzov addressed the regulatory framework governing commercial litigation in Azerbaijan, highlighting judicial practice and the professional conduct standards expected from legal practitioners. He also spoke about the importance of legal ethics, procedural transparency, and the evolving role of lawyers in dispute resolution processes.Mr. Allahveran Orujlu discussed compliance measures aimed at preventing business-related disputes, emphasizing the role of effective internal controls, corporate governance mechanisms, and compliance frameworks in minimizing legal risks and strengthening organizational resilience. He also underlined the importance of risk management and preventive measures, supported by practical real-life examples.The discussion was followed by an engaging Q&A session, during which participants actively exchanged views on the practical challenges businesses face in commercial disputes, the role of compliance in dispute prevention, and opportunities to improve cooperation between the business community and legal institutions.The meeting concluded with an interactive discussion among participants, providing valuable insights into current legal and compliance trends and reinforcing the importance of preventive approaches in managing business-related disputes. As a result of the meeting, it was agreed that the ideas and proposals voiced during the discussion will be consolidated into a written package of recommendations within the framework of AmCham, with the participation of representatives from both state institutions and the private sector. 

AmCham Azerbaijan Hosted Its First Annual Risk & Resilience Conference

On May 8, 2026, AmCham Azerbaijan convened its First Annual Risk & Resilience Conference under the theme “From Principles to Proof”,  initiated by the Chamber’s Risk Management Committee. The conference brought together senior government officials, leading representatives of the financial and energy sectors, international experts, and business leaders to discuss emerging risks, institutional resilience, and strategic approaches to risk management in Azerbaijan’s rapidly evolving business environment. The successful organization of the conference was made possible through the valued support of NEQSOL Holding and Yelo Bank.Opening the conference, Mr. Dayanat Sadullayev, President of AmCham Azerbaijan, welcomed participants and emphasized the growing importance of resilience, adaptability, and strategic foresight in today’s increasingly complex global environment. He noted that risk management is no longer viewed solely as a compliance function, but rather as a critical pillar of sustainable growth, institutional stability, and long-term competitiveness. Mr. Sadullayev also highlighted the importance of strengthening dialogue between the public and private sectors to collectively address evolving regional and global challenges.The conference continued with a keynote speech delivered by Mr. Zaur Fatizadeh, Chairman of the Executive Board of the Financial Monitoring Service of Azerbaijan, who addressed the importance of strengthening institutional resilience, enhancing compliance culture, and adapting financial and corporate systems to emerging risks in an increasingly digitalized and interconnected global economy.The conference also featured opening remarks by Mr. Samir Karimov, Chairperson of the AmCham Risk Management Committee, who highlighted the growing importance of effective risk management and institutional resilience in today’s rapidly changing business environment. He emphasized the role of cross-sector collaboration, forward-looking governance, and proactive strategic planning in addressing emerging challenges and strengthening long-term organizational sustainability.The first panel session, “Risk Landscape in Azerbaijan: Challenges and Strategic Responses,” was moderated by Ms. Gamar Gadimli, Deputy Chairperson of AmCham Risk Management Committee. The panel featured valuable insights from distinguished industry leaders and experts, including Mr. Zaur Gurbanov, Vice President of SOCAR; Mr. Bakhtiyar Aslanbayli, bp Vice President for the Caspian Region, Communications & External Affairs; Ms. Naila Mehrabova, Advisor to the Board on Strategy and Business Development/Supervisory Board Member, Azersun Holding; Mr. Rajeev Dutt, Managing Director of Swiss GRC; and Mr. Tural Hajiyev, Partner of the Technology & Transformation Department at Deloitte.The panel discussions focused on the evolving non-financial risk landscape in Azerbaijan, including operational resilience, ESG considerations, cybersecurity, supply chain challenges, technological transformation, and data security risks. Speakers exchanged views on strengthening resilience frameworks, proactive risk management approaches, and adapting to rapidly changing global and regional dynamics. The discussion also highlighted the growing importance of digitalization, integrated governance, and cross-sector collaboration in building more adaptive and resilient business models.The second panel session, “Managing Risks in Financial Institutions,” was moderated by Ms. Gultakin Kamranova, Deputy Chairperson of AmCham Risk Management Committee. The discussion brought together senior representatives from leading financial institutions and regulatory bodies, including Mr. Rauf Namazov, Head of the Office of the Financial Monitoring Service of Azerbaijan; Mr. Javid Mirzayev, CEO of Bir Fintech; Mr. Onur Faydacı, General Manager for Türkiye and Azerbaijan at Mastercard; Ms. Gunay Jalilova, Deputy CEO of Yelo Bank and Utku Öz, Partner at Artur D. Little. The discussion focused on systemic risks in financial sector, the growing complexity of financial technologies, financial crime prevention, compliance culture, and the evolving role of risk management as a strategic business function. Particular attention was devoted to the impact of artificial intelligence, digital financial services, real-time payments, and cross-border operations on modern financial risk management frameworks. The panel emphasized the importance of aligning governance, technology, and organizational culture to strengthen institutional resilience and support long-term sustainable development.The conference concluded with closing remarks delivered by Mr. Zaur Karimov, Executive Director of AmCham Azerbaijan, who emphasized the importance of strengthening cooperation and knowledge-sharing between businesses, regulators, and industry experts to build more resilient institutions and adaptive business environments, while reaffirming AmCham Azerbaijan’s readiness to continue supporting platforms that foster dialogue and collaboration between the public and private sectors. Mr. Karimov also expressed his sincere appreciation to all speakers, moderators, panelists, organizers, committee representatives, partners, sponsors, and participants whose valuable contributions supported the successful organization of the conference.At the end, awards and appreciation certificates were presented to all speakers and panelists in recognition of their valuable contributions to the conference and the broader dialogue on risk management and resilience.Throughout the conference, speakers emphasized the growing importance of strategic resilience, cross-sector collaboration, technological adaptation, and forward-looking governance in navigating today’s rapidly changing risk environment. The conference reaffirmed AmCham Azerbaijan’s commitment to providing high-level platforms that support dialogue, strengthen institutional cooperation, and contribute to the advancement of Azerbaijan’s business environment.AmCham Azerbaijan extends its sincere appreciation to NEQSOL Holding and Yelo Bank for their valuable support and partnership, which played an important role in the successful implementation of the conference and in advancing dialogue on risk management and resilience.

GITEX AI Kazakhstan_2 Days. 4500 C-Levels.150+ Speaker

AmCham Azerbaijan is pleased to announce that, as an official partner of  -the region’s largest Tech & AI event - a platform connecting innovation leaders, startups, and investors - GITEX Ai Kazakhstan, the inaugural edition will debut in Almaty on 4–5 May 2026.GITEX AI Kazakhstan will unite the world’s largest tech and startup network with one of the region’s fastest-growing digital economies.📊 Why Almaty• 22.8% of Kazakhstan’s GDP• 50%+ of national venture capital flows• 1,500+ startups🌍 What to Expect in 2026• 10,000+ technology industry leaders• 4,500 C-level executives & VPs• 300+ exhibitors• 200+ startups• 60+ participating countries🏭 Exhibiting SectorsArtificial Intelligence | Cybersecurity | Fintech | Blockchain & Crypto | Telecom | EdTech | HealthTech | Smart Cities | GreenTech | Cloud & Connectivity | 5G🎤 Conference ThemesDigital Economy Transformation | Energy Transition | Artificial Intelligence | Infrastructure & Connectivity | Cybersecurity | Innovation & Capital | Industry 5.0 | Talent AccelerationHosted by the Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan, in partnership with Astana Hub and the Akimat of Almaty, the event will bring together global enterprises, startups, investors, and policymakers shaping an AI-first future across Central Asia and the Caucasus.From sovereign cloud and supercomputing to fintech, cybersecurity, and venture growth — this is where innovation turns into execution.📍 Almaty, Kazakhstan | 4–5 May 2026 | Atakent IEC🌐 For more information: www.gitexcac.com👉 Get your free visitor badge: https://visit.gitexcac.com/

AmCham Azerbaijan and AFSA hold High-Level Meeting to Discuss Cooperation Opportunities

On April 20, 2026, a high-level meeting was held between the delegation of AmCham Azerbaijan and the Food Safety Agency of the Republic of Azerbaijan (AFSA). The meeting focused on discussing state support mechanisms in the food sector, as well as ongoing reforms aimed at improving the business environment.The meeting brought together the AmCham Azerbaijan delegation, led by Executive Director Zaur Karimov, along with Deputy Chairperson of AFSA Zakiyya Mustafayeva, Chairman of the Azerbaijan Food Safety Institute Ali Nabiyev, and other relevant representatives of both institutions.During the discussions, AFSA provided a detailed overview of the systematic approaches implemented in the field of food safety, along with recent developments and innovations. Particular emphasis was placed on efforts to simplify procedures for entrepreneurs, expand access to services, and ensure the continuity of processes.It was noted that, as a result of digitalization, the efficiency of import and export operations has increased, enabling entrepreneurs to obtain permits more quickly and conveniently. Improvements in the quality and speed of laboratory services were also highlighted as having a positive impact on business activities. The parties also discussed opportunities to expand access of locally produced goods to international markets. It was noted that Azerbaijan currently exports food products to more than 70 countries.AmCham Azerbaijan representatives highlighted practical issues faced by member companies and sector-specific challenges, emphasizing the importance of further strengthening public-private dialogue.As a result of the discussions, the parties noted the importance of enhancing coordination between AFSA and AmCham Azerbaijan regarding planned changes and improvements to the regulatory framework in the food sector. In this context, the importance of continued engagement with AmCham Azerbaijan was acknowledged, including consideration of member companies’ perspectives in the development of feedback and proposals on legislative changes. Additionally, cooperation within the AmCham platform was discussed in relation to supporting awareness of regulatory updates and ensuring their effective communication to the business community.As a result of the discussions, the parties underscored the importance of establishing joint mechanisms to enhance communication with the business community and further strengthen cooperation.

AmCham Azerbaijan Hosts April Members’ Luncheon

On April 17, 2026, AmCham Azerbaijan held its April Members’ Luncheon, bringing together a distinguished audience that included Ms. Amy Carlon, Chargé d’Affaires of the U.S. Embassy in Azerbaijan, alongside members of a U.S. trade delegation. The event served as a platform to further reinforce economic cooperation between the United States and Azerbaijan and to explore new opportunities for business engagement.The luncheon commenced with opening remarks by AmCham Azerbaijan’s Executive Director, Mr. Zaur Karimov, who welcomed guests and shared updates on the Chamber’s ongoing initiatives and upcoming activities. He also introduced an updated organizational structure, reflecting the Chamber’s continued institutional development, and expressed appreciation to the partners and organizers of the U.S. trade mission for their collaboration.Following this, AmCham Azerbaijan President, Mr. Dayanat Sadullayev, addressed the audience, emphasizing the importance of sustained bilateral dialogue and high-level engagement in advancing U.S.–Azerbaijan economic relations. He highlighted the role of such initiatives in encouraging investment, strengthening business ties, and unlocking new areas of cooperation. In his remarks, he warmly welcomed CDA Carlon, as well as  the U.S. delegation, including Rebecca Neff, Senior Advisor at the U.S. Department of State, and Sara Leming, Country Director at USTDA. He reaffirmed AmCham’s commitment to serving as a key platform for constructive dialogue between the business communities of both countries and invited Ms. Carlon to deliver her keynote remarks.In her address, Amy Carlon expressed gratitude for the invitation and commended AmCham Azerbaijan for its continued efforts in fostering strong commercial partnerships. She noted that platforms such as the Members’ Luncheon play a crucial role in connecting stakeholders across sectors and contribute to building long-term, sustainable economic relationships.The program also featured a presentation by Ms. Zahra Sheikh-Ahmed, Women’s Economic Empowerment Programme Specialist and Portfolio Manager for the South Caucasus at UN Women. Her remarks highlighted the growing importance of women’s economic inclusion, underscoring its relevance not only as a social objective but also as a driver of business performance and economic resilience.The event continued with company presentations from AmCham member organizations, including Deloitte Azerbaijan, Bahar Energy Operating Company, Iteca Caspian, Project Management Office Azerbaijan, and Vitam. Representatives shared insights into their operations, recent developments, and areas of activity, contributing to knowledge exchange within the broader business community.The luncheon concluded with a networking session, offering attendees the opportunity to engage in meaningful discussions, establish new connections, and explore potential collaborations.The event gathered over 150 participants, including representatives of government institutions, the diplomatic corps, and senior executives from both local and international companies, further reinforcing AmCham Azerbaijan’s role as a leading platform for business dialogue and partnership.Click for all the media from the eventClick for the highlights from the event

AmCham Azerbaijan Hosted Exclusive Project Management Workshop in Collaboration with PMO.az

On April 14, 2026, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan), in collaboration with PMO.az, successfully organized an exclusive, members-only workshop aimed at enhancing project management capabilities through an innovative and highly interactive format.The workshop, built around the internationally recognized “Sea Wolf” business simulation, provided participants with a unique opportunity to experience project management in action. Moving beyond traditional training formats, the session offered a hands-on masterclass where attendees engaged in real-time decision-making, teamwork, and strategy development under simulated business conditions.The workshop was led by Mr. Rashad Ibrahimov (MBA, EMPM, IPMA-A, PMO-CP, GPM-b), Founder of PMO.az, who brought global best practices together with an engaging, hands-on approach. Through the “Sea Wolf” business game, participants navigated complex project challenges, managed risks, and made strategic decisions reflective of real-world business environments.Participants had the opportunity to apply internationally recognized IPMA ICB4 standards in practice, work through real-life project scenarios across the full project lifecycle, and strengthen critical leadership, communication, and decision-making skills. The competitive simulation environment challenged teams to operate under realistic constraints such as budget limitations and tight deadlines, fostering a dynamic learning experience grounded in practical application.Upon completion, all participants were awarded certificates recognizing their engagement and achievement.

AmCham Azerbaijan Announces New Appointment to the FMCG Committee

AmCham Azerbaijan is pleased to announce the appointment of Mr. Elkhan Ibadov, Head of Corporate and Regulatory Affairs for the Caucasus (Azerbaijan & Georgia) at British American Tobacco, as the new Deputy Chairperson of the FMCG Committee.About the Deputy Chairperson:Elkhan Ibadov is the Head of Corporate and Regulatory Affairs for the Caucasus (Azerbaijan & Georgia) at British American Tobacco, where he leads stakeholder engagement, regulatory strategy, and external communications. With a strong background in legal affairs and corporate governance, he previously held roles in legal and external affairs at BAT and worked as a lawyer at Azersun Holding. Elkhan has extensive experience in regulatory advocacy, compliance, and strategic communication across the FMCG sector.We wish the newly appointed Deputy Chairperson continued success in this role and look forward to his contributions to advancing the Committee’s objectives.We wi e newly appointed Deputy Chairperson continued success in this role and look forward to his contributions to advancing the Committee’s objectives.

AmCham Azerbaijan Mourns the Passing of Executive Director Gulnara Aslanbayli

𝐖𝐢𝐭𝐡 𝐃𝐞𝐞𝐩 𝐑𝐞𝐠𝐫𝐞𝐭 𝐚𝐧𝐝 𝐆𝐫𝐞𝐚𝐭 𝐒𝐚𝐝𝐧𝐞𝐬𝐬, 𝐀𝐦𝐂𝐡𝐚𝐦 𝐀𝐳𝐞𝐫𝐛𝐚𝐢𝐣𝐚𝐧 𝐟𝐚𝐦𝐢𝐥𝐲 𝐌𝐨𝐮𝐫𝐧𝐬 𝐭𝐡𝐞 𝐏𝐚𝐬𝐬𝐢𝐧𝐠 𝐨𝐟 𝐨𝐮𝐫 𝐞𝐬𝐭𝐞𝐦𝐞𝐞𝐝 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫 𝐆𝐮𝐥𝐧𝐚𝐫𝐚 𝐀𝐬𝐥𝐚𝐧𝐛𝐚𝐲𝐥𝐢For many years, Gulnara played a vital role in the growth and development of AmCham Azerbaijan, contributing with dedication, professionalism, and unwavering commitment to strengthening the business community of the country.Her leadership, wisdom, and warm personality left a lasting mark on our organization and on everyone who had the privilege of working with her.We extend our deepest condolences to her family, friends, and colleagues during this difficult time. Her memory and contributions will remain an enduring part of AmCham Azerbaijan’s legacy.

AmCham Azerbaijan Board Members Participated in the Global CEO Summit 2026

On February 25, 2026, the “Global CEO Summit” was held for the first time, organized by the Azerbaijan HR Institute in partnership with CEO Club Azerbaijan. The Summit’s Main Partner was LinkedIn, the world’s largest professional networking platform, further reinforcing the event’s international relevance and forward-looking agenda. Held under the theme “Leading Change Together,” the Summit brought together top executives to explore the evolving role of CEOs in a rapidly transforming business environment.AmCham Azerbaijan was strongly represented at the leadership level. Board Members Ms. Rana Mammadova, General Manager of Coca-Cola Bottlers Azerbaijan, and Mr. Kanan Tabasaransky, Owner of Smart Solutions, participated as speakers in the first panel session titled “The New Era of CEO Leadership: Transforming Vision into Impact.” Their insights highlighted the importance of strategic vision, adaptability, and impact-driven leadership in today’s dynamic business landscape.The Chamber’s management team was also in attendance, represented by Mr. Zaur Karimov, Deputy Director of AmCham Azerbaijan, reaffirming the Chamber’s commitment to advancing executive dialogue and fostering a resilient business community in Azerbaijan.

AmCham Members’ February Luncheon

On February 20, 2026, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) successfully hosted its Members’ February Luncheon, bringing together a distinguished audience of business leaders, diplomats, and member representatives. The luncheon welcomed Mr. Gio Cristofoli, bp’s regional president for Azerbaijan, Georgia, and Türkiye, as the keynote speaker of the event. The event was organized with the generous sponsorship and support of bp, reflecting the company’s continued commitment to engaging with the broader business community and supporting platforms that foster dialogue and collaboration in Azerbaijan.The luncheon was opened by Ms. Sheyda Mustafabayli, PR & Engagement Officer of AmCham Azerbaijan, who warmly welcomed the attendees and highlighted the Chamber’s continued commitment to fostering a dynamic and collaborative business environment. She also extended a special welcome to the new members joining the AmCham community, underscoring the Chamber’s steady growth and expanding network across diverse sectors of the economy.Mr. Dayanat Sadullayev, President of AmCham Azerbaijan, addressed the audience, expressing appreciation to Mr. Gio Cristofoli and bp for their longstanding partnership and support. In his remarks, he emphasized the importance of regular member gatherings as a platform for dialogue, knowledge-sharing, and strengthening ties between the private sector and key stakeholders. He noted that such engagements play a vital role in advancing the Chamber’s mission of promoting a transparent, competitive, and resilient business environment in Azerbaijan.In his keynote presentation, Mr. Gio Cristofoli talked about growing global energy demand and bp’s strategy to help meet this demand responsibly. He outlined how bp-operated projects in the Caspian region are supporting this strategy in action through maximizing value from mature assets, unlocking new resources, and investing in the energy transition. Underscoring the role of the private sector in driving economic resilience, Mr. Cristofoli reaffirmed bp’s continued support to fostering collaborative engagement with the country’s business community.The program also featured a presentation by Mr. Fariz Jafarov, Executive Director of C4IR Azerbaijan, who shared insights into the Center’s ongoing initiatives and upcoming projects aimed at accelerating digital transformation and innovation in the country.In line with AmCham’s tradition of introducing new members to the broader business community, several recently joined companies delivered brief presentations outlining their activities and strategic priorities. These included Arthur D. Little (ADL), represented by Mr. Movlan Pashayev, Senior Executive; Zivella, represented by Ms. Daria Jafarli; Bayramli Group, represented by Ms. Durdana Rajili, Deputy Director; and Yango, represented by Mr. Urkhan Seyidov, Government Relations Director. The event concluded with a networking luncheon, providing participants with an opportunity to exchange views, explore potential partnerships, and strengthen professional connections within the AmCham community.