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Economy

Kubanychbek Omuraliev elected president of Turkic Investment Fund

Kubanychbek Omuraliev elected president of Turkic Investment Fund
Kubanychbek Omuraliev elected president of Turkic Investment Fund / Photo: Turkic Investment Fund.

Tashkent, Uzbekistan (UzDaily.uz) — The Board of Governors of the Turkic Investment Fund (TIF) has unanimously elected Ambassador Kubanychbek Omuraliev as the fund's president. He took office on 12 November 2026, according to the fund's press service.

The Board of Governors is the fund's highest governing body and includes representatives of its six member states: Azerbaijan, Hungary, Kazakhstan, Kyrgyzstan, Türkiye and Uzbekistan.

Omuraliev succeeds Bagdat Amreyev, the fund's first president, whose term ended on 11 November 2026.

Omuraliev has extensive experience in diplomacy and regional cooperation. In November 2022, he was appointed Secretary-General of the Organisation of Turkic States (OTS) at its ninth summit in Samarkand.

He previously served as Kyrgyzstan's ambassador to Türkiye and as the country's permanent representative to the Commonwealth of Independent States.

Under Omuraliev's leadership, the fund is expected to continue financing projects aimed at strengthening ties among member states, expanding cross-border trade and investment, and supporting sustainable development.

The TIF aims to promote economic cooperation among its member countries through these activities.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.