The “Best Managed Companies Azerbaijan 2026” awards gala,
organized by PASHA Bank and Deloitte Private, took place in Baku on
20 May 2026.


Azerbaijani First Deputy Economy Minister Elnur Aliyev, PASHA
Bank Executive Board Chairman and CEO Javid Gouliyev, Deloitte
Azerbaijan Managing Partner Nuran Karimov, Azerbajani National
Assembly’s Economic Policy, Industries and Entrepreneurship
Committee Chairman Azer Amiraslanov and PASHA Holding Macroeconomic
Research Department Director Elman Eminov were among the speakers
at the event.



Javid Gouliyev noted that “PASHA Bank has been a ‘Best Managed
Companies’ project partner for five years, because we believe that
a strong economy is built on well-managed companies. Over these
years, we have especially observed one thing: successful companies
are not created by chance. They are built through systematic
management, financial discipline, investment in human capital and a
long-term vision”.


He also emphasized that the “Best Managed Companies” program is
an independent assessment platform based on international standards
that recognize business excellence, strategic management, and
sustainable growth as key criteria.



Deloitte Azerbaijan Managing Partner Nuran Kerimov noted that
“this year marks the fifth anniversary of the Best Managed
Companies Azerbaijan program in our country. Over this period, the
program has become more than just a platform for recognizing
corporate achievements — it has evolved into an important
initiative contributing to the development of corporate governance
culture in Azerbaijan. The companies recognized today once again
demonstrate that strong leadership, strategic vision, and
sustainable management principles are the foundation of long-term
success. As Deloitte, we will continue to support the promotion of
these values within Azerbaijan’s business ecosystem”.








Araz Supermarket, Azersun Holding and CityNet are winners of the
programme this year.


“Best Managed Companies Azerbaijan 2026” sponsors are PASHA Bank
and Deloitte Private, while the partners include AmCham Azerbaijan,
ADA University, the Azerbaijan Business Development Fund and Public
Television.



The international competition has been held in Azerbaijan since
2021. Nearly 50 companies have participated so far and more than 10
companies have received the “Best Managed Companies Azerbaijan”
title, including AVRORA Group, Azerconnect Group, Bridge Group of
Companies, Embawood, NORM Cement (two-time winner), Saba, OBA
Market, Veyseloglu Group of Companies (two consecutive-time
winner), METAK (four consecutive-time winner and Gold Award
laureate) and Azersun Holding.


For more detailed information about the programme, visit the

website.