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Avaz Alakbarov Akbar oglu () (born July 23, 1952) is an
Azerbaijan Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by ...
i prominent economist, state, public political figure and doctor of economical science who served as Minister of Finance of Azerbaijan Republic from July 1999 to April 2006.


Biography

Dr Alakbarov was born in the village of Jil,
Chambarak Chambarak () is a town and capital of the Chambarak Municipality of the Gegharkunik Province of Armenia. The current Chambarak town was formed by amalgamation of three settlements: Krasnoselsk, Lower Chambarak (Nerkin Chambarak) and Upper Chamba ...
,
Armenian SSR The Armenian Soviet Socialist Republic (ArSSR), also known as Soviet Armenia, or simply Armenia, was one of the constituent republics of the Soviet Union, located in the Caucasus region of Eurasia. Soviet Armenia bordered the Soviet republics ...
. He graduated with an Honorary Diploma in Economics from
Azerbaijan Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by ...
State Institute of National Economy (now Azerbaijan State University of Economics) named after Dadash Bunyadzade in 1973. From 1973 to 1974, he served in the
Soviet Armed Forces The Armed Forces of the Union of Soviet Socialist Republics, also known as the Armed Forces of the Soviet Union, the Red Army (1918–1946) and the Soviet Army (1946–1991), were the armed forces of the Russian Soviet Federative Socialist Republi ...
Units in
Belarus Belarus, officially the Republic of Belarus, is a landlocked country in Eastern Europe. It is bordered by Russia to the east and northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. Belarus spans an a ...
. Alakbarov's career began as an accountant at Baku's construction company in 1973. From 1975 until 1981, Dr. Alakbarov worked in the position of Senior Economist with the Ministry of Agriculture of
Azerbaijan SSR The Azerbaijan Soviet Socialist Republic, also referred to as the Azerbaijani Soviet Socialist Republic, Azerbaijan SSR, Azerbaijani SSR, AzSSR, Soviet Azerbaijan or simply Azerbaijan, was one of the constituent republics of the Soviet Union be ...
, "Azergurashdirmatikinti" Trust. He later held Head of the Planning Department and Deputy Chief of the Trust on Economic Issues. From 1981 to 1984, Dr. Alakbarov held the Financial Planning Department's Senior Assessor and from 1984 to 1991 Deputy Head of the Economics Department in the Council of Ministers of
Azerbaijan SSR The Azerbaijan Soviet Socialist Republic, also referred to as the Azerbaijani Soviet Socialist Republic, Azerbaijan SSR, Azerbaijani SSR, AzSSR, Soviet Azerbaijan or simply Azerbaijan, was one of the constituent republics of the Soviet Union be ...
. He became the Head of
Azerbaijan Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by ...
branch of Pension Fund of
USSR The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet ...
in 1991. He was appointed by Presidential decree as the Chairman of the Board of
Azerbaijan Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by ...
Pension Fund in 1991. Then he spent 1992 through 1999 serving as Chairman of the State Social Protection Fund of the Azerbaijan Republic. Alakbarov was appointed Finance Minister by
President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...
Heydar Aliyev Heydar Alirza oghlu Aliyev (10 May 1923 – 12 December 2003) was an Azerbaijani politician who was a Soviet party boss in the Azerbaijan Soviet Socialist Republic from 1969 to 1982, and the third president of Azerbaijan from October 1993 to ...
on July 11, 1999, and served as minister until October 2003. On November 5, 2003, government reshuffle,
President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...
Ilham Aliyev Ilham Heydar Oghlu Aliyev (born 24 December 1961) is an Azerbaijani politician who has been the fourth president of Azerbaijan since 2003. He is also the leader of the New Azerbaijan Party since 2005. The son and second child of former Aze ...
confirmed Avaz Alakbarov as Finance Minister of Azerbaijan Republic and later on April 18, 2006
Ilham Aliyev Ilham Heydar Oghlu Aliyev (born 24 December 1961) is an Azerbaijani politician who has been the fourth president of Azerbaijan since 2003. He is also the leader of the New Azerbaijan Party since 2005. The son and second child of former Aze ...
dismissed him from his position replacing him with
Samir Sharifov Samir Rauf oghlu Sharifov (; born 7 September 1961) is an Azerbaijani politician, Deputy Prime Minister of the Republic of Azerbaijan (since 2025), former Minister of Finance of the Republic of Azerbaijan (2006-2025). Early life Sharifov was b ...
. He participated as a speaker at international and bilateral interstate conferences in the United States, Great Britain, China, Turkey, Switzerland, Belgium, Norway, Russia, Saudi Arabia, Denmark, India, and various other countries. He was a member of
New Azerbaijan Party The New Azerbaijan Party (, YAP) is the ruling political party in Azerbaijan, founded on 21 November 1992 under the leadership of Heydar Aliyev. After his election as President of Azerbaijan on 3 October 1993, and the party's victory at 1995 parl ...
Political Board from May 2000 till June 2013. In 2003 received an Academic degree as a Candidate in Economic Sciences. Dr. Alakbarov is a full member of the International Academy of Management since June 9, 2005. He wrote several books dealing with the Socio-economic development of
Azerbaijan Republic Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by ...
to receive an Academic degree of Doctor of Economic Sciences.


Academic career

Dr. Alakbarov defended his dissertation on economic sciences, established by the Supreme Attestation Commission under the President of the Republic of Azerbaijan on September 30, 2003, at the Institute of Economy of the National Academy of Sciences of Azerbaijan, in Baku, the topic of "Problems of Formation and Development of Social Insurance in Azerbaijan in Market Conditions" (Doctor of Economic Sciences, Professor, Honored Scientist Tofig Guliyev, doctor of economics, professor Kamil Shahbazov, candidate of economic sciences, associate professor Adile Gozelova, the leading organization of the Russian Academy of Labor and Social Affairs). On January 15, 2008, he defended his doctoral dissertation on "Problems of financial and budgetary regulation of socio-economic development" at the dissertational Dissertation Council (official opponents were a correspondent member of ANAS Ali Nuriyev, Doctor of Economic Sciences, Professor Rafig Aliyev, Scientific Research Institute of Economic Reforms of the Ministry of Economic Development of the Republic of Azerbaijan), has been working as a doctor of economic sciences and has been engaged in scientific activity. Dr. Alakbarov has up to 80 scientific publications, author of 5 monographs, 1 bibliographic book, and nine textbooks. The candidate's dissertation and the doctoral thesis were carried out at the Institute of Economic of ANAS. He has more than 500 articles on socio-political and economic issues globally and in the country's press. From February 2016, he is the Head of the Department of Finance and Financial Institutions of the Azerbaijan State Economic University and the Chairman of the Board of Directors of "Professors Club." By order of the Minister of Education of the Republic of Azerbaijan, he is a member of the dissertation council on the specialty "Finance," a member of the "Dissertation Council" on the Doctor of Sciences and philosophy on the order of the Supreme Attestation Commission under the President of the Republic of Azerbaijan. On July 20, 2017, by the Decree of the President of the Republic of Azerbaijan, he was awarded the honorary title "Distinguished Teacher" for his sufficient work in the field of education in Azerbaijan. On February 2, 2024, by the Decree No. 4289 of the President of the Republic of Azerbaijan, he was awarded "The jubilee medal 100 years of Heydar Aliyev (1923-2023)". Dr. Alakbarov speaks fluent Azeri, Russian, and Turkish. Dr. Alakbarov has two children and grandchildren.


Honours and awards

* "The Global 500: Leaders for the New Century" by Barons Who's Who, 2001 in the USA. * Active member of the International Academy of Management (2005) * "100th Anniversary of Azerbaijani Trade Unions" Medal (2006) * Badge for "Strengthening Customs Co-operation" (2006) * By the decision of the European Press House, the "Best Patriotic Investigator Scientist" Gold Medal (2016) * Active member of the European Academy of Natural Sciences (2016) * “Honorary Ambassador of the Culture and Peace of Turkish World” (2017) * European Service Order to his Science and Education Services by the UN Council for Public Awards (2017) * Honorary Teacher of the Azerbaijan Republic (2017) * International Academy of Sciences of the Turkish World, "Atatürk Prize" (2018) * European Academy of Natural Sciences medal of
Gottfried Wilhelm Leibniz Gottfried Wilhelm Leibniz (or Leibnitz; – 14 November 1716) was a German polymath active as a mathematician, philosopher, scientist and diplomat who is credited, alongside Sir Isaac Newton, with the creation of calculus in addition to ...
(2018) * Honorary scientist of Europe (2018) * Ambassador of Peace honorary title for services in the world science and economical by the UN Council for Public Awards (2019) * "
Leonhard Euler Leonhard Euler ( ; ; ; 15 April 170718 September 1783) was a Swiss polymath who was active as a mathematician, physicist, astronomer, logician, geographer, and engineer. He founded the studies of graph theory and topology and made influential ...
medal" international award for his world science services by the UN Council for Public Awards (2019) * The Scientist of the Year by the UN Council for Public Awards (2019) * The Order of the European Leader Star by the UN Council for Public Awards (2020) * "100th anniversary of Heydar Aliyev (1923–2023) jubilee medal" (2024)


References


Rulers.org
List of rulers throughout time and places
Azerbaijan State Economic University
{{DEFAULTSORT:Alakbarov, Avaz Armenian Azerbaijanis 1952 births Living people 20th-century Azerbaijani economists New Azerbaijan Party politicians Finance ministers of Azerbaijan Government ministers of Azerbaijan Azerbaijan State University of Economics alumni Academic staff of the Azerbaijan State University of Economics 21st-century Azerbaijani economists