Why is this important
Changes at the highest levels can affect the bank’s strategy, operational management, and regulatory relations. The arrival of new experienced managers (including foreign ones) may indicate the strengthening of corporate governance and InFinBank’s competitiveness.
Such changes often coincide with the period of reviewing the business model or strengthening service quality control.
Key facts
- Dilshod Murataliyevich Khojiyev, who had been serving as the Deputy Chairman of the Board since February 2019, has been relieved of his duties and appointed as the Branch Network Efficiency Representative to the Supervisory Board.
- Bakhtiyorjon Samadovich Juraev, an employee of InFinBank since 2015, has been appointed First Deputy Chairman of the Board. In 2020-2023, he previously served as Deputy Chairman of the Board; from January to September 2024, he was First Deputy Chairman.
- Alesya Mikhailovna Frolova became the deputy chairman of the board. Prior to this (since September 2024), she worked as Managing Director at InFinBank; she has 18 years of experience, including leadership positions in Belarusian banks (BTA-Bank, BNB-Bank).
- Appointments have been agreed upon with the Central Bank of Uzbekistan and formalized based on the decision of the bank’s Supervisory Board.
Context
InFinBank (Invest Finance Bank) actively participates in trade financing and other projects, including with international partners.
Management changes may be related to modernization efforts, increased competition, and adaptation to changes in the banking market.