Heydar Babayev Aydin oghlu (; born 1957) was an Azerbaijani politician serving as the Chairman of State Committee for Securities under auspices of the

President of Azerbaijan The president of the Republic of Azerbaijan is the head of state of the Azerbaijan, Republic of Azerbaijan. The Constitution of Azerbaijan, Constitution states that the president is the embodiment of Executive (government), executive power, co ...

Early life

Babayev was born in

Baku Baku (, ; ) is the Capital city, capital and List of cities in Azerbaijan, largest city of Azerbaijan, as well as the largest city on the Caspian Sea and in the Caucasus region. Baku is below sea level, which makes it the List of capital ci ...

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 ...

. In 1980, he graduated from the International Economic Relations department at

Taras Shevchenko National University of Kyiv The Taras Shevchenko National University of Kyiv (; also known as Kyiv University, Shevchenko University, or KNU) is a public university in Kyiv, Ukraine. The university is the third-oldest university in Ukraine after the University of Lviv and ...

Ukraine Ukraine is a country in Eastern Europe. It is the List of European countries by area, second-largest country in Europe after Russia, which Russia–Ukraine border, borders it to the east and northeast. Ukraine also borders Belarus to the nor ...

. He started his career working as an inspector at the Chamber of Commerce of Azerbaijan Republic. In 1981, he was assigned to work as foreign exchange inspector and later assistant manager of economy department at the USSR Foreign Economic Relations Bank. After the collapse of

Soviet Union 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 ...

, he was employed as the representative of ''Xariciiqtisadibank'' in

Turkey Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...

. In 1997, he was elected Vice President of ''Mostbank'' and was assigned to lead its chapter in

Great Britain Great Britain is an island in the North Atlantic Ocean off the north-west coast of continental Europe, consisting of the countries England, Scotland, and Wales. With an area of , it is the largest of the British Isles, the List of European ...

Political career

With establishment of State Committee for Securities under auspices of the president of Azerbaijan Republic on July 26, 1999 he was appointed its chairman 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 ...

(Later on, the agency was re-established as an independent government committee on November 19, 2008). On October 19, 2005 Babayev was appointed Minister of Economic Development after the previous minister

Farhad Aliyev Farhad Aliyev () is an Azerbaijani politician. He was born in 1963 in Azerbaijan. Early life Farhad Aliyev received his school education at Alar village in 1970–1980, where he was born. Having completed his secondary education with an honors ...

was sacked by President

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 ...

in the run-up to parliamentary election of 2005. On October 30, 2008 Babayev was removed from his post being replaced by

Shahin Mustafayev Shahin Abdullah oghlu Mustafayev (; born 13 June 1965) is an Azerbaijani politician serving as the Deputy Prime Minister of Azerbaijan. Early life Mustafayev was born on 13 June 1965 in the village of Jujevan in the Noyemberyan District of th ...

in the

government A government is the system or group of people governing an organized community, generally a State (polity), state. In the case of its broad associative definition, government normally consists of legislature, executive (government), execu ...

reshuffle.

References

1957 births Living people Government ministers of Azerbaijan {{Azerbaijan-politician-stub

Early life

Political career

See also

References