Leading MENA region online broker CFI Financial Group has announced that it has officially rebranded its Azerbaijan entity to CFI Financial Investment Company (CFI Azerbaijan), following the acquisition of AzFinance Investment Company earlier this year. The company said that this strategic move is part of its ongoing mission to empower traders with advanced, secure, and personalized solutions in the global trading landscape.
Alongside the rebranding, CFI has hired Ilgar Rustambayli (pictured above) as the new CEO of CFI Azerbaijan. Ilgar previously held various management positions at Philip Morris International, The Coca-Cola Company and MIG Bank in a number of international locations.
Hisham Mansour, Co-Founder and Managing Director of CFI Financial Group said,
“Our expansion into Azerbaijan is a testament to CFI’s dedication to bringing our world-class trading solutions to new markets. I am delighted to have Ilgar lead this important initiative, especially given our shared vision and history of collaboration. We are confident that, under his leadership, CFI Azerbaijan will set new standards of excellence and empower traders in Azerbaijan and beyond.”
CFI Azerbaijan will operate from the state-of-the-art Crescent Business Center in Baku, marking an exciting milestone for its presence in the region. Full operations will launch in early 2025, continuing CFI’s global expansion with new markets in Egypt, Kuwait, South Africa, and beyond.
