CFI Financial Expands to Azerbaijan with New Leadership Under Ilgar Rustambayli

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3 weeks ago

Dubai, UAE – CFI Financial Group, a global leader in online trading, proudly announces the rebranding of its Azerbaijan entity to CFI Financial Investment Company (CFI Azerbaijan). This change follows CFI’s acquisition of AzFinance Investment Company, announced in August, and aligns the newly acquired entity with the globally recognised CFI brand, unifying the brand across all markets.

CFI Azerbaijan will adopt the CFI name, logo, and tagline “Empower Yourself,” reflecting CFI’s commitment to empowering traders and investors with advanced, accessible, and personalised solutions through innovation, secure and fair-trading environments, and world-class partnerships.

Ilgar Rustambayli has been appointed as Chief Executive Officer of CFI Azerbaijan in line with this rebranding. Ilgar brings extensive expertise in business development and market strategy from his distinguished career with global organizations, including Philip Morris, MIG Bank, and Coca-Cola.

Ilgar Rustambayli, Chief Executive Officer of CFI Azerbaijan

At MIG Bank in Switzerland, Ilgar worked under the leadership of Hisham Mansour, who now also leads CFI, reinforcing a shared vision and continuity that will drive CFI’s mission in Azerbaijan and the surrounding region.

Hisham Mansour, Co-Founder and Managing Director of CFI Financial Group added, “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’s mission resonates strongly with Azerbaijan’s increasing role in the region and its growing financial community,” said Ilgar Rustambayli. “Through our unified CFI brand, traders in Azerbaijan will experience the same high-quality trading environment, competitive conditions, and comprehensive access to multiple asset classes available in CFI’s other global markets. I am honoured to lead CFI Azerbaijan and uphold the highest standards set by the Central Bank of Azerbaijan as we embark on this exciting new chapter.”


The rebranding has already been completed, with CFI Azerbaijan set to operate from the state-of-the-art Crescent Business Centre in Baku. The full launch of operations is expected by early 2025, building on CFI’s recent expansions in Egypt, Kuwait, Oman, and Palestine, with South Africa anticipated to begin operations soon, further strengthening the group’s global presence.

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