Valentin Morozov has been appointed Chairman of the Management Board of OJSC Unibank. This was reported by FinFly.News citing the bank.

Morozov has held senior positions in reputable banks for many years.

It is noted that by decision of the shareholders, a new composition of Unibank's Management Board has been formed.

Recall that Unibank was established in 2002 as a result of the merger of two commercial banks of Azerbaijan - Mbank, operating since 1992, and Promtexbank, functioning since 1994. Its authorized capital is 149.386 million manats. 94.08% of the bank's shares belong to Eldar Garibov (Chairman of the Supervisory Board), and 5.92% to other legal entities and individuals.