MESSAGE FROM CEO/DIRECTORJALAL GASIMOV

Jalal Gasimov

Established in November 2006 with headquarter in Baku, PASHA Holding LLC has earned the reputation as one of the leading national private business groups in Azerbaijan committed to the best corporate governance practice. The Holding's key investments are concentrated in non-oil industries such as financial services - banking and insurance, construction, tourism, property development, retail and real estate management. Within several years the Holding rapidly evolved into a sizable diversified regional investment company through applied Vision and Corporate Values of the shareholders to develop the business in line with the best corporate governance practice and deployment of business diversification and regional expansion strategy.

We firmly believe in the importance of credibility in the current challenging business environment and we are certain of the validity of our strategy, based on our Corporate Values. We stay committed to being a representation of trust, continuity, operational excellence and respect for all our stakeholders: our country, shareholders, clients and partners.