Adnan Ahmadzada

Adnan Ahmadzada
Born (1978-01-24) 24 January 1978
Baku, Azerbaijan SSR, USSR
EducationThe Academy of Public Administration under the President of the Republic of Azerbaijan
Western University
Awards

Ahmadzada, Adnan Azer oglu (Azerbaijani: Ədnan Azər oğlu Əhmədzadə; born 24 January 1978) is a founder and chairman of ABDA Invest Holding since 2023. He is a former deputy vice president of SOCAR on investments and marketing, having been removed from the position in 2023.

Early life and education

Adnan Ahmadzada was born on 24 January 1978 in Baku, Azerbaijan.[1][2]

In 1998, he graduated from The Academy of Public Administration under the President of the Republic of Azerbaijan. He received a master's degree from Western University of Azerbaijan two years later.[2]

Career

In 1998–2005, he worked in the Department of Foreign Economic Relations (since 2003, the Department of Marketing and Economic Operations) of SOCAR as an expert in the Department of Export Operations. From 2005 to 2006 he worked as the General Director of Azertrans LLC. From 2006–2019, he has held the following positions in the Marketing and Economic Operations Department of SOCAR: deputy head of the Transport and Expedition Department (2006–2007), head of the Department of Commercial risks in trading operations (2007–2008), deputy chief of the Department of Economic Operations (2008–2010), general manager of SOCAR Marketing and Economic Operations Department (2010–20190.[3] In 2018, he was appointed as executive director of SOCAR Trading.[4][5][6]

In 2019, he was appointed as deputy vice-president of SOCAR on investments and marketing.[7][8] He was removed from his position by presidential decree in 2023, with the reason being cited as "shortcomings in his work"; following his dismissal, he founded and became chairman of ABDA Invest Holding.[2]

Investigations into contamination of Azerbaijani oil coming through the Baku–Tbilisi–Ceyhan pipeline, which led to major economic impacts in the crude oil markets, later uncovered connections between the Malta-based trading company Alkagesta and efforts to assist Russia in evading sanctions placed by the European Union[2] by selling Russian oil to Turkey.[9] Ahmadzada was connected to the company by several sources;[10] he was arrested by the Azerbaijani State Security Service on September 11, 2025, facing charges of embezzlement and economic sabotage.[2]

Honours

Ahmadzada has been the honorary President of Azerbaijan Koshiki Karate-do Federation since 2023.[11] In September 2015, by order of the President of the Republic of Azerbaijan, he was awarded the Tereggi medal for his services in the development of the oil industry of Azerbaijan.[12][13][14]

Personal life

Ahmadzada is married and has four children.[15][1]

References

  1. ^ a b Jackson, Sara (2023-11-02). "Adnan Ahmadzada Wife, Life, Family & More". Magzica. Retrieved 2023-12-20.
  2. ^ a b c d e Aga, Cavid (2025-09-29). "How Azerbaijan's oil prince went from dining with Messi to facing decades in prison". www.intellinews.com. Retrieved 2025-11-03.
  3. ^ Qlobal.az. "Adnan Əhmədzadə ARDNŞ-in vitse-prezidentinin müavini təyin edildi". qlobal.az. Retrieved 2023-12-20.
  4. ^ "Аднан Ахмедзаде возглавил SOCAR Trading". 1news.az (in Russian). Retrieved 2023-12-20.
  5. ^ "Adnan Ahmedzade, SOCAR Trading SA: Profile and Biography". Bloomberg.com. Retrieved 2023-12-20.
  6. ^ "SOCAR Trading management changes". Azernews.Az. 2018-05-31. Retrieved 2023-12-20.
  7. ^ "SOCAR-da yeni vəzifə təyinatları olub". Report İnformasiya Agentliyi (in Azerbaijani). 2020-06-21. Retrieved 2023-12-20.
  8. ^ "В компании SOCAR произошли кадровые изменения". Trend.Az (in Russian). 2019-11-04. Retrieved 2023-12-20.
  9. ^ Kenez, Levent (2024-02-27). "Smuggled oil from Libya sold on domestic market in Turkey". Nordic Monitor. Retrieved 2025-11-03.
  10. ^ Farhadova, Aytan (2025-09-26). "Azerbaijani petrol tycoon arrested for 'contaminating' crude from different sources". OC Media. Retrieved 2025-11-03.
  11. ^ "World karate champions from Azerbaijan awarded". Report News Agency. 2023-05-17. Retrieved 2023-12-20.
  12. ^ "Neft sənayesi işçilərinə fəxri adlar verilib". modern.az (in Azerbaijani). 2015-09-18. Retrieved 2023-12-20.
  13. ^ "Neftçilərə fəxri adlar verildi SİYAHI". musavat.com. 2015-09-18. Retrieved 2023-12-20.
  14. ^ "Azərbaycan Respublikasının neft sənayesi işçilərinin təltif edilməsi haqqında". Xalq Qəzeti. Retrieved 2023-12-20.
  15. ^ Larkin, Lilly (2023-10-02). "Public curiosity peaks over Adnan Ahmadzada, Azerbaijan's oil trade tycoon". Thaiger World. Retrieved 2023-12-20.
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