Why is this important
A change in management may affect HUMO’s strategic development direction and the payment system management policy. The Chairman of the Board plays a key role in the operational work and innovation of the service. Updating the composition of the Supervisory Board is an important step in corporate governance and transparency.
What happened
- Bahadirov Ulugbek Hojituraevich has been relieved of his duties as Chairman of the Supervisory Board and appointed Chairman of the Board of HUMO.
- Sarixodjayev Dilshod Shuxratovich has been appointed as the new chairman of the Supervisory Board.
- The changes are reflected in the composition of the Supervisory Board of JSC National Interbank Processing Center.
What they say
There are no official public comments on the appointments.
Context
HUMO is a national interbank processing company, the operator of a popular payment system in Uzbekistan. Previous leadership has also been changing, including transitions to the board and the supervisory board.
These appointments may be related to strengthening control, preparing new service development strategies, and expanding user capabilities.