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VIII International Conference «Capital market of the Republic of Uzbekistan»

September 17, 2026
Tashkent
Hilton Tashkent City

Speakers

Abduazimkhoja Abdujabborov
CEO, HYT Capital
Quinn Martin
President, Bluestone Investment Bank
Sherali Abduzhabbarov
General Director, State Central Securities Depository of the Republic of Uzbekistan
Abdulla Abdukadirov
First Deputy General Director, Agency for Strategic Reforms under the President of the Republic of Uzbekistan
Head of Honeywell Spol Sro representative office in Uzbekistan, member of the Supervisory Council of InfinBank (2008-2012), Chairman of the Board of Smart Heating Systems...
Head of Honeywell Spol Sro representative office in Uzbekistan, member of the Supervisory Council of InfinBank (2008-2012), Chairman of the Board of Smart Heating Systems LLC, CEAS Holding (2004-2013), Deputy Chairman of the Board, Head of Treasury and member of the Board of ABN AMRO Bank (2000-2004), Director General of the Center for coordination and control of securities market functioning (1997-2000), First Deputy Finance Minister of the Republic of Uzbekistan (1994-1997)
Hayotjon Azimov
Head of Advisory, Al Muamalat Consulting
Hayot Azimov Financial engineering, risk management and project management practitioner for past 15 years. Experienced in establishing Islamic Banks and Banking windows in Malaysia. Active...
Hayot Azimov Financial engineering, risk management and project management practitioner for past 15 years. Experienced in establishing Islamic Banks and Banking windows in Malaysia. Active interests in Islamic Fintech and blockchain application.
Vladislav Aleksandrov
Managing Director, ALT3 Capital
Doniyor Alikhanov
Head of the Credit Department, IT Park Capital

Education: Graduated from the Russian State University of Oil and Gas named after I.M. Gubkin (Tashkent branch).

Current Position: Since 2023, he has been working at IT Park...

Education: Graduated from the Russian State University of Oil and Gas named after I.M. Gubkin (Tashkent branch).

Current Position: Since 2023, he has been working at IT Park Capital, a financing organization and subsidiary of IT Park Uzbekistan under the Ministry of Digital Technologies of the Republic of Uzbekistan.

Key Responsibilities: Manages the full credit cycle at IT Park Capital — from application assessment and structuring to portfolio management and risk monitoring. Primarily works with the B2B segment, including IT companies, educational centers, and IT exporters.

Expertise: Specializes in IT business financing and developing financial solutions for scaling technology companies, infrastructure development, and export activity support.

Additional Skills: Has experience in data analytics, business process optimization, and CRM systems. Certified in BI analytics and database management.
Ashot Grigoryan
Head of Tokenization Department, Fastex
Nikita Gulyaev
CFO, Uzum
Alisher Djumanov
Founder and Managing Partner, AD Wealth
Alisher brings over 30 years of experience in international finance, with a proven track record across advisory, investment banking, venture capital, private equity, and investment...
Alisher brings over 30 years of experience in international finance, with a proven track record across advisory, investment banking, venture capital, private equity, and investment management. He is the founder of AD Wealth, a family office investment firm focused on global emerging and frontier markets. Prior to this, Alisher held senior positions at prestigious institutions like Credit Suisse First Boston, Lazard, Renaissance Capital, Strategy&, PwC, and EY. Throughout his career, Alisher has played a pivotal role in founding and building award-winning investment banks and asset management firms across developing countries. His expertise extends to advising governments, sovereign wealth funds, state-owned enterprises, and multinational corporations on foreign direct investments. He has also actively invested and co-invested alongside family offices and other principal investors, across diverse asset classes. Alisher's global reach is evident by his experience working and studying in over 25 countries spanning Europe, Asia, Africa, and the Americas. He has served as chair, moderator, or speaker at over 200 conferences, delving into topics like emerging and frontier markets, Islamic finance, banking, capital markets, hedge funds, energy, resources, infrastructure, property, telecom, and technology. His insights have also been featured on prominent media outlets like Bloomberg, CNBC, BBC, Al Jazeera, Reuters, Dow Jones, and Channel NewsAsia. Additionally, his expertise has been recognized by leading publications including the Financial Times, Foreign Policy, Euromoney, Global Finance, and Institutional Investor.
Askar Zakirov
Head of Cryptoasset Circulation Development Department, National Agency of Perspective Projects of the Republic of Uzbekistan
Anvar Irchaev
Chairman, National Association of Investment Institutions
Ruslan Karimov
Deputy Chairman of the Board, InfinBANK
Sergey Lyalin
Founder, Cbonds
Sergey Lyalin started working in the securities market as bond analyst in IC Deviz in 1995. In 1997 he joined IC Energocapital (worked there as...
Sergey Lyalin started working in the securities market as bond analyst in IC Deviz in 1995. In 1997 he joined IC Energocapital (worked there as Client Relations Manager and then as Head of Marketing Research). In 2000, he organized the Internet portal Cbonds.Ru. He has been CEO of Cbonds.ru LLC since 2001. Under the leadership of Sergey Lyalin Cbonds News Agency has become the leading source of information on the Russian and CIS bond market. He started publishing Cbonds Review magazine in 2006 and was its Editor-in-Chief in 2006-2007. He is the author of Corporate Bonds: Global Experience and Russian Prospects (2001) and a number of articles on the securities market. Sergey Lyalin graduated from St. Petersburg University, Department of Economics (a diploma of economist - mathematician). Holds a PhD in Economics. Finished Executive MBA at Graduate School of Management (GSOM) at Saint-Petersburg State University in 2018.
Alisher Miraliev
Deputy Director, State Assets Management Agency of the Republic of Uzbekistan
2004-2005. - Leading specialist of the Small and Private Entrepreneurship Development Department of the State Property Management Committee 2005-2006. - Chief Specialist of the Department for Improvement of...
2004-2005. - Leading specialist of the Small and Private Entrepreneurship Development Department of the State Property Management Committee 2005-2006. - Chief Specialist of the Department for Improvement of Corporate Governance and Post-Privatization Support of Enterprises of the Committee for State Property Management. 2006-2007. - Chief Specialist of the Department for Improvement and Analysis of Efficiency of State Property Management of the Committee for State Property Management 2007-2013. - Deputy Head of the Department for Analysis of the Situation of Enterprises with State Share in the Authorized Capital of the State Property Management Committee 2013-2016. - Deputy Head of the Department for Improvement of Corporate Governance and Development of the Secondary Stock Market of the State Committee for Privatization, Demonopolization and Competition Development 2016-2019. - Deputy Director General, First Deputy Director General of the Center for State Asset Management under the State Committee for Privatization, Demonopolization and Competition Development 2019-2020. - Deputy Head of the Infrastructure Asset Management Department of the State Asset Management Agency, Head of the Department 2020-2021 - Head of the Department of Corporate Relations at enterprises with state participation of the State Assets Management Agency, Head of the Department 2021 й. - Deputy Director of the State Assets Management Agency
Tolibjon Mirzaqulov
CEO, Jett
Odil Musaev
Managing Director, ALKES
Otabek Nasirov
Chairman, Central Asian Fintech Association
Otabek Nasirov is the Chairman at Central Asian Fintech Association, a member of the expert council at Cyber Park, AICA, and the working groups of...
Otabek Nasirov is the Chairman at Central Asian Fintech Association, a member of the expert council at Cyber Park, AICA, and the working groups of the Foreign Investors Council (FIC) under the President of the Republic of Uzbekistan.

Otabek actively participates in the development of the fintech market and community in Central Asia, regulatory sandboxes and local legislation of the fintech industry, including education on blockchain technology, convergence technologies such as AI, digital assets, cyber security and others. Represents and lobbies for the interests of the fintech community within key regulators of the digital economy in Central Asia, including ministries of digital technologies, central banks, antitrust agencies, tax and customs authorities, and others.

Otabek is a member of the UMAY Angels Club, ICLUB by Venture Found TA Ventures and cooperates with the Uzbekistan Venture Capital Association (UzVCA), the National Venture Capital Fund (UzVC), the AloqaVentures, the IT Park Ventures, the United Ventures, international venture funds, and business angel communities.

His knowledge and experience are the result of working in international and global companies such as Coca-Cola, Carlsberg Group, General Motors, Ernst & Young, and SIT Learning within the Swiss International Research Institute Schaffhausen Institute of Technology and others.

Graduate of the Tashkent State Law Institute, Moscow State University and the Moscow School of Management "Skolkovo".

Otabek is an ambassador for the Global Blockchain Business Council (GBBC), Chapter Zero Uzbekistan (Climate Governance Initiative | CGI ), and Employer Brand Award and Summit (EMBRAS).
Stepan Naumkin
Deputy Head of Trading , Roemer Capital (Europe) Limited
Marat Nurmamatov
Deputy CEO, Mortgage refinancing company of Uzbekistan
Vyacheslav Pak
First Deputy Director, National Agency of Perspective Projects of the Republic of Uzbekistan
Karen Srapionov
Director for Investments, Franklin Templeton Asset Management
Ulugbek Tavakkalov
Advisor to the Chairman of the Supervisory Board, Universal Bank (Uzbekistan)
He possesses extensive experience in the banking sector and the strategic development of financial institutions. His expertise will contribute to the bank's continued development and...
He possesses extensive experience in the banking sector and the strategic development of financial institutions. His expertise will contribute to the bank's continued development and the successful implementation of key strategic initiatives.

Strengthening the Supervisory Board and enhancing its advisory support will facilitate the successful execution of the bank's transformation strategy, the further development of its digital ecosystem, the strengthening of corporate governance, improved decision-making efficiency, and the creation of a sustainable platform for long-term growth.
Faizulla Tashov
Acting Chairman of the Management Board, Tashkent Stock Exchange
He graduated from the Tashkent Institute of Irrigation and Melioration in 2003 and from the Tashkent State University of Economics in 2005, specializing in Marketing...
He graduated from the Tashkent Institute of Irrigation and Melioration in 2003 and from the Tashkent State University of Economics in 2005, specializing in Marketing and Management.

He began his career in 2001 at the Tashkent city regional branch of Uzsanoatqurilishbank JSCB. Subsequently, he continued his career at the Central Securities Depository JSC, where he held a series of executive positions. Throughout his career, he has headed key departments responsible for managing relationships with correspondent depositories, maintaining securities holder registers, and overseeing client services and interactions with government authorities.

Since 2024, he has served as Head of the Depository Services and Settlement Operations Department at the Central Securities Depository JSC. He is currently the Acting Chairman of the Management Board of the Republican Stock Exchange "Toshkent" JSC.
Farrukh Khodjaev
CEO, KAP DEPO
Saibjan Khudayberdiev
Head of the Capital Market Development Department of the National Agency for Perspective Projects of the Republic of Uzbekistan (Capital Market Regula, National Agency of Perspective Projects of the Republic of Uzbekistan
Otari Sharikadze
Managing Director, TBC Capital
Prior to joining TBC Bank as a Senior Advisor in December 2024, Otari served as a Managing Director at Galt & Taggart, Georgia based investment...
Prior to joining TBC Bank as a Senior Advisor in December 2024, Otari served as a Managing Director at Galt & Taggart, Georgia based investment Bank, since 2014. While at Galt & Taggart he took an active part in developing Georgian Capital market through active involvement in ECM/DCM, Advisory, Brokerage, Research and Wealth Management. Before Galt & Taggart, he served as a Chief Investment Officer at Partnership Fund, a Georgian state-owned private equity fund. Previously, he worked as an Associate at Arjil – Altium Capital, a Paris-based investment bank. While at Arjil, he participated in numerous transactions throughout Eastern and Western Europe. Otari holds a master’s degree in Corporate Finance from Paris Graduate School of Management and a master’s degree in Economics from Pantheon-Sorbonne Universit
Nurmukhammad Yusupov
board member at CAP Ratings Agency, CAP Ratings Agency
Munir Yakubov
CEO of Portfolio Investments, Chairman of the Board of Directors, National Association of Investment Institutions

VIII International Conference «Capital market of the Republic of Uzbekistan»

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