
On February 4, 2025, the Supervisory Board of JSCB Kapitalbank decided to expand the team of the Executive Board. Ulugbek Tavakkalov has been selected as the new Deputy Chairman of the Executive Board.
Ulugbek Tavakkalov has over 20 years of experience in the country’s banking sector. Throughout his career, he has successfully managed credit portfolio administration, retail business development, and the digitalization of banking products in some of the nation’s largest banks.
In his new role as Deputy Chairman of the Executive Board of JSC Kapitalbank, Ulugbek Tavakkalov will focus on the strategic development of retail banking and the creation of financial products for millions of the bank’s customers.
— This year, we will place special emphasis on service quality, said Maksud Abdusamadov, Chairman of the Supervisory Board of JSC Kapitalbank. Ulugbek’s expertise and experience will make a significant contribution to the bank’s growth, the enhancement of its services, and its market position. I am confident that in his new role, he will achieve even greater success—both for the bank and its customers.
Expanding the Executive Board to eight members will strengthen the bank’s oversight functions and accelerate the implementation of key strategic initiatives.
Ulugbek Tavakkalov’s appointment will take effect upon approval by the Central Bank of the Republic of Uzbekistan.
Ulugbek Tavakkalov has over 20 years of experience in the country’s banking sector. Throughout his career, he has successfully managed credit portfolio administration, retail business development, and the digitalization of banking products in some of the nation’s largest banks.
In his new role as Deputy Chairman of the Executive Board of JSC Kapitalbank, Ulugbek Tavakkalov will focus on the strategic development of retail banking and the creation of financial products for millions of the bank’s customers.
— This year, we will place special emphasis on service quality, said Maksud Abdusamadov, Chairman of the Supervisory Board of JSC Kapitalbank. Ulugbek’s expertise and experience will make a significant contribution to the bank’s growth, the enhancement of its services, and its market position. I am confident that in his new role, he will achieve even greater success—both for the bank and its customers.
Expanding the Executive Board to eight members will strengthen the bank’s oversight functions and accelerate the implementation of key strategic initiatives.
Ulugbek Tavakkalov’s appointment will take effect upon approval by the Central Bank of the Republic of Uzbekistan.
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