Gunel Behbudova cover
Gunel Behbudova
Gunel Behbudova

Chief Compliance Officer

Not looking · Member since 21 Aug 2026
Message
Location
Baku, Azerbaijan
Desired salary
Unspecified
Work preference
Remote Only / Full Time
Experience level
Lead

About

Professional summary

I am a senior compliance, risk, legal, and governance professional with extensive leadership experience in Azerbaijan’s insurance, banking, consulting, and public sectors. I hold a PhD in Economics, an MBA in Finance, and am pursuing a Bachelor’s degree in Law.

I lead the design, implementation, and continuous improvement of enterprise compliance frameworks. My work focuses on regulatory compliance, corporate governance, internal controls, risk assessment, policy development, ethical conduct, and board-level advisory.

In my current role as Chief Compliance Officer at PASHA Insurance OJSC, I provide strategic compliance leadership, advise executive management and the Board, oversee compliance risk assessments, and integrate compliance objectives into enterprise risk management processes.

I have substantial experience in internal audit, financial control, taxation, financial reporting, and regulatory oversight. Earlier in my career, I worked in the Ministry of Taxes and held senior accounting, audit, tax management, and financial control positions.

I am committed to building strong risk and compliance cultures through training, incident management, conflict-of-interest controls, anti-corruption measures, investigations, and proactive engagement with regulators, auditors, and internal stakeholders.

Alongside my professional practice, I teach finance at universities in Baku and contribute to academic mentoring, curriculum development, and research initiatives.

Skills

24 capabilities

Experience

Career history

Chief Compliance Officer / Head of Compliance Department PASHA Insurance OJSC

I provide strategic leadership for the company compliance framework, ensuring alignment with national and international regulatory requirements and corporate governance standards.

I advise the Board of Directors and executive management on regulatory developments, compliance risks, and legislative implications. I oversee compliance policies, risk assessments, monitoring, reporting, conflict-of-interest controls, training, and regulatory engagement while coordinating with risk management and senior stakeholders.

Head of Compliance Department PASHA Insurance OJSC

I led the Compliance Department and developed company-wide compliance policies and procedures to ensure regulatory adherence. I reported to the Chief Risk Officer and collaborated on enterprise risk management and compliance strategy.

I managed regulatory, reputational, and conflict-of-interest risks through the Risk Incident Management System. I strengthened the compliance framework for insurance-sector regulatory updates and developed the company conflict-of-interest control process, rules, and guidelines.

Head of Compliance Service PASHA Insurance OJSC

I designed the organizational structure, control processes, policies, and instructions for the Compliance Department and supported its operational setup and management.

I coordinated compliance training programs, worked with internal audit and risk teams to identify and resolve compliance gaps, and reported directly to the Chief Risk Officer.

Compliance Coordinator PASHA Insurance OJSC

I supported compliance program implementation and maintained regulatory reporting requirements. I conducted regular monitoring and review of internal controls to assess compliance effectiveness.

I worked with cross-functional teams to promote policy adherence and regulatory awareness, assisted investigations of compliance breaches, and recommended corrective actions.

Leading Compliance Specialist PASHA Insurance OJSC

I contributed to the establishment of the organization-wide compliance framework and supported alignment with regulatory expectations and corporate governance standards.

I performed compliance assessments, supported policy updates following regulatory changes, evaluated controls and documentation, liaised with regulatory authorities, and prepared compliance reports for senior management.

Leading Internal Auditor Kapital Bank OJSC, Internal Audit Department

I conducted internal audits across departments to assess financial accuracy, operational efficiency, internal controls, and risk management processes.

I evaluated compliance with banking laws, internal policies, and international standards; prepared detailed audit reports; identified process weaknesses; and provided recommendations to senior management.

Accountant / Financial Control Specialist PASHA Insurance OJSC, Finance Department

I ensured accurate recognition of income and expenses under applicable accounting standards. I prepared tax returns, maintained tax documentation, and controlled the timely execution of tax payments.

I supported financial control activities and ensured compliance with tax and regulatory requirements.

Tax Manager Moss Adams Consulting LLC

I led a team providing tax and accounting consulting services to a diverse client portfolio. I oversaw preparation and submission of accurate tax declarations in line with applicable laws and regulations.

I advised clients on tax planning strategies and coordinated communications with tax authorities on their behalf.

Head of Division / Senior Tax Inspector / Tax Inspector Ministry of Taxes, Main Department of Baku City Main Department of National Revenue

I conducted cameral tax audits, reviewed taxpayer documentation and declarations, and identified tax non-compliance and evasion through detailed analysis of accounting data, taxpayer activities, cash registers, and tax objects.

I assessed internal controls, prepared reports and recommendations for senior officials, oversaw conflict-of-interest matters, supported policy enforcement, and collaborated with internal departments to improve tax collection and regulatory compliance.

Chief Accountant Electronica-FLLC

I managed accounting operations, including ledger maintenance, financial reporting, payroll, accounts payable and receivable, cash-flow management, and preparation of periodic financial statements.

I supervised the accounting team, ensured compliance with local accounting standards and tax regulations, and worked with auditors to resolve accounting discrepancies.

Lecturer Baku Business University

I deliver finance lectures and seminars, develop course materials and assessments, and supervise student projects.

I provide academic mentoring and contribute to curriculum development and research initiatives.

Lecturer Azerbaijan Tourism and Management University

I served as a lecturer at Azerbaijan Tourism and Management University in Baku.

Lecturer Baku Eurasian University

I served as a lecturer at Baku Eurasian University in Baku.

Education

Learning history

The High Attestation Commission under the President of the Republic of Azerbaijan

Doctorate (PhD), Economics

PhD in Economics completed in Baku, Azerbaijan.

Azerbaijan State University of Economics

MBA, Finance

MBA in Finance with honors diploma.

Azerbaijan State University of Economics

Bachelor's Degree, Finance (Taxation)

Bachelor's degree in Finance (Taxation) with honors diploma.

Baku State University

Bachelor's Degree, Law

Ongoing Bachelor's degree in Law.

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