---
title: Corporate governance
---

## Kapital Bank

## Founded 1874

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[![](https://kapital.bank/file/pages/22/retail.png?signature=b059eb796c60c0f84d31c1c33d94b48f4b65d285fadba0af39db1c168fb7370b)](https://kapital.bank/en/solutions/retail-banking)

### Retail Banking

[![](https://kapital.bank/file/pages/21/corporate.png?signature=5c99aa9b7188b4c1d815ee141e952c124b519cfd6de6d998f12344a602aa46d0)](https://kapital.bank/en/solutions/corporate-banking)

### Corporate banking

[![](https://kapital.bank/file/pages/20/private-2-1.png?signature=53f81b0c84c48ae9472196a4d50589aa114d326d39c1e761a93e8d40b4b4ebb1)](https://kapital.bank/en/solutions/private-banking)

### Private Banking

### [Who we are](https://kapital.bank/en/who-we-are)

- [About](https://kapital.bank/en/who-we-are/about)
- [ESG Approach](https://kapital.bank/en/who-we-are/esg-approach)
- [Our History](https://kapital.bank/en/who-we-are/our-history)
- Corporate governance

- [Values](https://kapital.bank/en/who-we-are/about/our-values)
- [Strategy](https://kapital.bank/en/who-we-are/about/our-strategy)
- [Ratings](https://kapital.bank/en/who-we-are/about/our-ratings)
- [Reports](https://kapital.bank/en/who-we-are/about/our-reports)
- [Bonds](https://kapital.bank/en/who-we-are/about/our-bonds-2)
- [Shares](https://kapital.bank/en/who-we-are/about/our-shares)
- [Corporate details](https://kapital.bank/en/who-we-are/about/corporate-details)
- [Shareholders’ Meeting](https://kapital.bank/en/who-we-are/about/shareholders-meeting)
- [Correspondent Accounts](https://kapital.bank/en/who-we-are/about/correspondent-accounts)

- [Environmental](https://kapital.bank/en/who-we-are/esg-approach/environmental)
- [Social](https://kapital.bank/en/who-we-are/esg-approach/social)
- [Governance](https://kapital.bank/en/who-we-are/managment/our-leaders)
- [ESG reporting center](https://kapital.bank/en/who-we-are/esg-approach/esg-reporting-center)

- [Our Leaders](https://kapital.bank/en/who-we-are/managment/our-leaders)
- [Committees, Commissions and Groups](https://kapital.bank/en/who-we-are/managment/committees-commissions-groups)
- [Compliance](https://kapital.bank/en/who-we-are/managment/compliance)
- [Risk Management](https://kapital.bank/en/who-we-are/managment/risk-management)

- Solutions Back to main menu Solutions
  - [Retail Banking](https://kapital.bank/en/solutions/retail-banking)
  - [Corporate banking](https://kapital.bank/en/solutions/corporate-banking)
  - [Private Banking](https://kapital.bank/en/solutions/private-banking)
- Who we are Back to main menu [Who we are](https://kapital.bank/en/who-we-are)
  - About Back to About [About](https://kapital.bank/en/who-we-are/about)
    - [Values](https://kapital.bank/en/who-we-are/about/our-values)
    - [Strategy](https://kapital.bank/en/who-we-are/about/our-strategy)
    - [Ratings](https://kapital.bank/en/who-we-are/about/our-ratings)
    - [Reports](https://kapital.bank/en/who-we-are/about/our-reports)
    - [Bonds](https://kapital.bank/en/who-we-are/about/our-bonds-2)
    - [Shares](https://kapital.bank/en/who-we-are/about/our-shares)
    - [Corporate details](https://kapital.bank/en/who-we-are/about/corporate-details)
    - [Shareholders’ Meeting](https://kapital.bank/en/who-we-are/about/shareholders-meeting)
    - [Correspondent Accounts](https://kapital.bank/en/who-we-are/about/correspondent-accounts)
  - ESG Approach Back to ESG Approach [ESG Approach](https://kapital.bank/en/who-we-are/esg-approach)
    - [Environmental](https://kapital.bank/en/who-we-are/esg-approach/environmental)
    - [Social](https://kapital.bank/en/who-we-are/esg-approach/social)
    - [Governance](https://kapital.bank/en/who-we-are/managment/our-leaders)
    - [ESG reporting center](https://kapital.bank/en/who-we-are/esg-approach/esg-reporting-center)
  - [Our History](https://kapital.bank/en/who-we-are/our-history)
  - Corporate governance Back to Corporate governance Corporate governance
    - [Our Leaders](https://kapital.bank/en/who-we-are/managment/our-leaders)
    - [Committees, Commissions and Groups](https://kapital.bank/en/who-we-are/managment/committees-commissions-groups)
    - [Compliance](https://kapital.bank/en/who-we-are/managment/compliance)
    - [Risk Management](https://kapital.bank/en/who-we-are/managment/risk-management)
- [Career](https://kapital.bank/en/career)
- [News](https://kapital.bank/en/news)

[AZ](https://kapital.bank/az/biz-kimik/rehberlik) [EN](https://kapital.bank/en/who-we-are/managment)

# Managment

Kapital Bank is the largest financial  
 institution in Azerbaijan, founded in 1874

![](https://kapital.bank/file/pages/50/block-after-hero.png?signature=aadf3564bba396a4a658f3022c1af1c5a2381c3426fbffd5ac9aff0180af3337)

## The principles that guide us

Each of our employees and every department is based on the desires of our customers for the sake of a sustainable future, constantly seeking new opportunities to improve product quality and customer experience

[Who we are](https://kapital.bank/en/who-we-are)

## Together, we <br> create value

## Together, we <br> create value

## “As an innovative and customer-centric <br> bank, we constantly apply advanced <br> technologies such as artificial intelligence”

![](https://kapital.bank/file/pages/50/farid-h.png?signature=40de09757115882336da0d6fc3d871051039ead8e366fcba4c657ed874d80e6c)

### Farid Huseynov

Chairman of the Board,  
 Chief Executive Officer

## Member boards

Each of our employees and every department  
 is based on the desires of our customers for the sake  
 of a sustainable future, constantly seeking  
 new opportunities to improve product quality  
 and customer experience

[Our People and Communities](https://kapital.bank)

![](https://kapital.bank/file/pages/50/boss-farid-huseynov.png?signature=5276638d4ce52ab775fd312d966de4e38687c1a6c9ac6de75a0413081aafea80)

### Farid Huseynov

![](https://kapital.bank/file/pages/50/boss-javid-mirzayev.png?signature=0c9ef0244ecf08445a98e950ab08659a450e8a10b672b0f1066c9d0292d6244a)

### Javid Mirzayev

We carefully balance quality with efficiency to achieve optimal results

![](https://kapital.bank/file/pages/50/boss-emin-mammadov.png?signature=6340fb92aaec7a61f29265af4044c0e7f2d21c7acb749351e70223d611f3b8bc)

### Emin Mammadov

We carefully balance quality with efficiency to achieve optimal results

![](https://kapital.bank/file/pages/50/boss-farid-hidayatzada.png?signature=7c26eeae65412dd378784b6d8d1ff439171fb34e153894f19f2a2968f1ca7e4d)

### Farid Hidayatzada

We carefully balance quality with efficiency to achieve optimal results

![](https://kapital.bank/file/pages/50/boss-fargana-mammadova.png?signature=0a801b6a4dc15d4cd1587229f053bce36c5869c154a97f41dc5b5508c57d6147)

### Fargana Mammadova

We carefully balance quality with efficiency to achieve optimal results

![](https://kapital.bank/file/pages/50/last-block-0-1.png?signature=1b8c08f60c1b8529007898b0f409753cb69f6c06ec0944c7e0b80417442d76fd)

## Environment, Social, and Governance

The key principles of corporate governance at the Bank are reflected in Kapital Bank's Corporate Governance Code. The Bank supports relations with state agencies, shareholders, employees, partners and customers.

Corporate governance serves to further improve relations between the Bank's managers and shareholders. This, in turn, ensures increased efficiency in all areas of the Bank's operations. In addition to enhancing the important role of corporate governance, the Bank also pays special attention to the development of corporate culture and corporate ethics.

Adherence to ethical principles and trust in basic values shapes and preserves corporate culture at Kapital.

Here you can find more detailed information about corporate governance and corporate culture at Kapital Bank.

[Corporate governance](https://kapital.bank)

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