Dilshod Pulatov Appointed as Chairman of the Board of “Poytakht Bank”

Tashkent, Uzbekistan (UzDaily.com) — A new head has been appointed at Poytakht Bank. According to the Unified Corporate Information Portal, by the decision of the sole shareholder, Bond Investment Limited, dated 8 September, Dilshod Pulatov has been appointed Chairman of the Bank’s Board. His appointment is subject to approval by the Central Bank, after which a three-year employment contract will be signed.

Abror Turgunov, who had served as Acting Head of Poytakht Bank since the end of August, replacing Dustboy Abzalov, has been appointed Acting Deputy Chairman.

Since 2013, Dilshod Pulatov held the position of First Deputy Chairman of Octobank. He graduated from the Tashkent Financial Institute with degrees in Finance and Credit and Banking. Pulatov has 25 years of experience in the banking sector.

Poytakht Bank was established in early 2019 to provide mortgage loans and finance construction projects, including affordable housing programs. From its founding, 100% of the authorized capital was owned by the state through the Tashkent hokimiyat.

In May 2021, the Agency for Management of State Assets (AMSA) announced the first call for applications for the bank’s privatization. In the summer of that year, three interested parties expressed their intention to acquire Poytakht Bank, but no further information was provided about them.

In June 2024, AMSA reached a privatization agreement with the Emirati company Bond Investments Limited, which purchased 100% of the state’s share for US$10 million.

According to the consultant, the buyer is not listed on the EU, US, or major international financial institutions’ sanction lists.