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Uzbekistan: Azimov Loses Job at Finance Ministry

A man one time considered a possible successor to Uzbekistan’s late president Islam Karimov has been squeezed out of his job as finance minister, signaling his waning influence under the new regime.

Rustam Azimov will retain his other title as deputy prime minister, but he is being replaced at the Finance Ministry by another veteran apparatchik, Batir Hodzhaev.

According to government sources, the presidential decree ordering the reshuffle was signed on December 15.

Hodzhaev previously served as deputy economy minister and chairman of privately run lender Ipoteka Bank. According to information available from online biographies, from 2000 to 2006, Hodzhaev was held of the state tax service and then served as economy minister from 2006 to 2009.

From 2009 to 2011, he was deputy prime minister with a portfolio for transportation, construction and municipal services. For the last five years he has been deputy economy minister in charge macro-economic projections, monetary policy and state investment programs.

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Uzbekistan: Azimov Loses Job at Finance Ministry

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