AmCham SD & CI, L& C, and I& DE Committees’ joint meeting on “Responsible and Ethical Adoption of AI in Business"

On November 13, 2025, the AmCham Sustainable Development & Corporate Impact, Legal & Compliance, and Innovation & Digital Economy Committees held a joint meeting on “Responsible and Ethical Adoption of AI in Business.” The event brought together experts, committee members, and representatives of leading companies to discuss how Artificial Intelligence is reshaping corporate practices, governance standards, and long-term strategic planning.

Guest Speaker of the meeting was Dr. Rena Alasgarova, Adjunct Instructor at ADA University and Deputy Head of Secondary Academics at Baku Oxford School, a researcher and AI advocate focusing on the intersection of education, technology, and governance. 

In her presentation, Dr. Rena outlined how AI technologies are increasingly strengthening operational efficiency, improving profitability, and enabling more informed decision-making across industries. She emphasized that while these advancements create significant value for businesses, they also introduce a range of emerging risks—from algorithmic bias and data privacy concerns to cybersecurity vulnerabilities and uncertainties within evolving global regulatory frameworks.

Dr. Rena also discussed the Azerbaijan Artificial Intelligence Strategy, explaining how it can guide local companies in adopting AI responsibly and sustainably. She stressed that, if applied correctly, these frameworks can help organizations avoid compliance pitfalls, mitigate reputational risks, and build a culture of ethical innovation.

The session provided valuable insights for business leaders, offering a clear understanding of how global best practices can be translated into practical steps that strengthen innovation, competitiveness, and long-term trust.

Following the keynote presentation, an engaging panel discussion was held with the participation of Bahar Kavuzova, Deputy Chairperson of the Legal & Compliance Committee; Arzu Huseynova, Deputy Chairperson of the Innovation & Digital Economy Committee; and Aynura Ismayilzade, Director of Compliance and AML at PASHA Bank. The panelists shared their professional perspectives on AI adoption within their sectors, touching on compliance readiness, ethical governance challenges, and the organizational shifts required to fully embrace AI-driven technologies.

The meeting concluded with an interactive Q&A session, where participants actively engaged with the speaker and panelists, raising practical questions and discussing real cases related to the responsible integration of AI in business environments.

Tarix
14 Noyabr 2025
Uyğun xəbərlər
15 Fevral 2015

Bank, Maliyyə və Siğorta Komitəsinin Fevral Görüşü

On February 6, AmCham hosted BFI Committee`s Meeting.BFI Chairperson, Mrs. Aytan Rustamova, opened the meeting by welcoming members, guest speakers Sanan Hasanov (Demir Bank) and Nazim Mammadov (Alliance Group LLC) as well as informing the committee members on the achievements & challenges of the past year.Within the first part of the meeting Committee Chairperson passed the floor to the guest speaker of the meeting, Mr. Sanan Hasanov, the representative of Demir Bank who delivered a report on “EnergoCredit”, the collaborative project of European Bank for Reconstruction and Development (EBRD) with Demir Bank. The presentation was followed by Q&A session.Short bio of our guest speaker:Mr. Hasanov holds a master of Finance from Azerbaijan State University of Economy. He is currently working for DemirBank OJSC as Marketing Director. He has more than 10 years experience in banking sector in Azerbaijan. He has managed and implemented many local and international projects.During the second part of the meeting Mr. Nazim Mammadov, representative of Alliance Group LLC has delivered a presentation on “Case studies from Georgia on EnergoCredit project”. The presentation was followed by Q&A session.The Committee meeting finished by networking and one-to-one conversations.Powered by Froala Editor

17 Mart 2015

Bank, Maliyyə və Siğorta Komitəsinin Mart görüşü

On March 16, AmCham hosted BFI Committee Meeting.BFI Chairperson, Mrs. Aytan Rustamova, opened the meeting by welcoming committee members and guest speaker – Mrs. Julie Nutter, Director of the Office of Sanctions Policy and Implementation in the Department of State’s Bureau of Economic and Business Affairs.Within the first part of the meeting, Mrs. Julie Nutter delivered a very informative speech on “US Policy & Sanctions on Russia and Iran” followed by Q&A session.During the second part of the meeting, Mrs. Nutter introduced Mr. W. Stuart Huffman, Foreign Service Officer of the Office of Sanctions Policy and Implementation, who joined her during the Q&A session.Short bio of our guest speaker:Julie Hagarty Nutter is the Director of the Office of Economic Sanctions Policy and Implementation (SPI) in the Department of State’s Bureau of Economic and Business Affairs (EB). Prior to her current posting, she was the Economic Minister-Counselor at the U.S. Embassy in London.  From 2005 to 2008, Ms. Nutter was the Director of the Office of Development Finance in the Economic, Energy, and Business Affairs Bureau.  She previously served as the Economic Counselor in the U.S. Mission to the European Union in Brussels.  During her Brussels tour, she volunteered for an Iraq Provincial Reconstruction Team Leader position and spent seven months in Iraq, mostly in Basra, working to improve governance capacity at the provincial level.  In earlier jobs, she headed the Ukraine desk of the State Department in the run-up to the Orange Revolution, worked closely with other donors on G-8 and Balkan reconstruction issues, and did political and economic reporting during the Liberian civil war.  Ms. Nutter has a Masters’ degree in National Security Resource Strategy from the National Defense University and a Masters’ degree in International Economics from Georgetown University.  She has two daughters, and grew up in Philadelphia, Pennsylvania.Powered by Froala Editor

20 May 2015

Bank, Maliyyə və Siğorta Komitəsi və Korporativ Sosial Məsuliyyət Komitəsinin birgə görüşü

On May, 18, AmCham hosted BFI and CSR Committees` Joint Meeting.Mrs. Nargiz Nasrullayeva-Muduroglu opened the meeting by welcoming participants as well as introducing Mrs. Natavan Mammadova as the newly appointed Director of AmCham Azerbaijan. Afterwards, she passed the floor to Mrs. Ayten Rustamova, Chairperson of BFI Committee, who introduced guest speakers to the audience – Mrs. Gwen Burchell, Director of United Aid for Azerbaijan (UAFA) and Mrs. Natavan Hasanova, researcher of Strategic Research Center of AR (SAM).During the first part of the meeting, Mrs. Burchell informed the participants of the meeting about UAFA and its activity. Afterwards, she passed the floor to her colleague – Mr. Saleh Nasirov – who provided the detailed information about the activity direction of UAFA, particularly pre-school educationm reabilitation centers and social support and also, creation of educational systems in four regions of Azerbaijan. Moreover, Mr. Nasirov presented a video clip about Child Development Center in Baku established by UAFA.Within the second part of the meeting, the floor was passed to Mrs. Natavan Hasanova who delivered a presentation on “Research Results on Corporate Social Responsibility at Azerbaijani Banks”. Along with the report on local activities, Mrs. Hasanova provided very thorough information on CSR activities in different countries (USA, China, Japanm Germany, Italy, Australia).In the end of the meeting, Ms. Aynura Piriyeva, Chairperson of CSR Committee, announced the organization of CSR Excellence Award in cooperation with P. World on October 1, 2.Powered by Froala Editor