Published by Global Banking & Finance Review®
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
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Natig Mustafayev is the new CEO of Socar Trading, replacing Mariam Almaszade. He aims to expand the company's global reach and diversify its offerings.
LONDON (Reuters) - Natig Mustafayev has been appointed chief executive of Azeri oil and gas group Socar's Swiss trading subsidiary, Socar Trading, the state-owned Azeri company said on Monday.
Mustafayev took up the position on Monday, replacing Mariam Almaszade, who has been in the role since 2018.
Almaszade will now move to a senior advisory role at parent Socar Group.
Mustafayev joined Socar Trading in September 2024 as the company's chief commercial strategy officer, and previously worked at Credit Suisse and U.S. asset manager Barings.
"We are committed to expanding SOCAR Trading's global footprint and diversifying our portfolio across both products and geographies," Mustafayev said in the company's statement.
(Reporting by Robert Harvey; Editing by David Goodman and David Evans)
The main topic is the appointment of Natig Mustafayev as the new CEO of Socar Trading, a subsidiary of the Azeri oil and gas group Socar.
Natig Mustafayev replaced Mariam Almaszade, who had been in the role since 2018.
Mustafayev aims to expand Socar Trading's global footprint and diversify its portfolio across products and geographies.
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