On May 4, Rovshan Allahverdiyev, who was elected as the Chairman of the Supervisory Board of "Kapital Bank", was also appointed as the Chairman of the Board of Directors of "PASHA Hayat" insurance company.

"APA-Economics" reports about this with reference to the insurance company.

Rovshan Allahverdiyev replaced Farid Usad Mammadov in this position.

It should be noted that "PASHA Life Insurance" OJSC has been operating since November 2010.

100% of the shares of the insurance company belong to "PASHA Holding" LLC.