Former secretary-general of the Organization of Turkic States (OTS) and ambassador Kubanychbek Omuraliev was appointed president of the Turkic Investment Fund. The decision was adopted unanimously by the fund’s Board of Governors, the OTS said.
Omuraliev is an experienced Kyrgyz diplomat who headed the OTS secretariat for several years. Uzbek diplomat Mirvohid Azimov currently serves as the organization’s secretary-general and participated this week in the summit of leaders at the UN climate conference COP31 in Antalya, Türkiye.

The Turkic Investment Fund was established by OTS member states to finance joint projects, develop trade and support small and medium-sized businesses in the Turkic world. The fund is intended to become one of the financial instruments for the economic integration of the Turkic states.