Baku: Fakhri Khanuseyn oglu Kazimov has been dismissed from the position of Chairman of the Management Board of the Mortgage and Credit Guarantee Fund of the Republic of Azerbaijan, APA reports. President Ilham Aliyev has signed an Order in this regard, marking a significant change in the leadership of the financial institution.

According to Azeri-Press News Agency, the decision to remove Kazimov from his post was officially documented through a presidential order. This move is part of ongoing adjustments within key financial and governmental bodies in Azerbaijan. Kazimov's tenure and the circumstances surrounding his dismissal were not detailed in the report. The future direction of the Mortgage and Credit Guarantee Fund's leadership remains to be clarified following this decision.