Fuad Akhundov

Fuad Akhundov is a Russian and Azerbaijani financier and businessman. Akhundov has worked as the Chairman of the Board of the International Bank of Azerbaijan, as the CEO of the Nikoil Financial Corporation (since 2001), and as the President and Chief Executive Officer of Uralsib (since 2003). In 2014, Akhundov became the Chief Executive Officer of the Akkuyu Nuclear Power Plant Stock Company.

Fuad Akhundov led the team which achieved approval for the first Environmental Impact Assessment (EIA) and Side Parameters Report (SPR) for a nuclear power plant in Turkey. Under Akhundov's leadership, Akkuyu Nuclear undertook a so-called "multi-lot" construction strategy which later became a foundational strategy for bringing outside investors into the project. In 2016 Akhundov founded Independent Energy Fund, a fund whose primary focus is financing Rosatom's foreign expansion. He continues to lead Akkuyu Nuclear in the capacity of the Deputy Chairman of the Board.