Kubanychbek Omuraliev has been appointed head of the Turkic Investment Fund

Kubanychbek Omuraliev, former Secretary-General of the Organisation of Turkic States, has been elected President of the Turkic Investment Fund. The decision was taken unanimously by the organisation’s Board of Governors on 12 November in Istanbul.

Omuraliev succeeded Bagdad Amreev, the fund’s first president, whose term of office ended on 11 November. The new president officially took office on 12 November 2026.

The Turkic Investment Fund brings together six states: Kyrgyzstan, Azerbaijan, Hungary, Kazakhstan, Turkey and Uzbekistan. Its activities are aimed at developing economic cooperation between the countries, financing regional projects, expanding cross-border trade and attracting investment.

Kubanychbek Omuraliev was appointed Secretary-General of the OTC in November 2022 at the organisation’s summit in Samarkand. Previously, he served as Kyrgyzstan’s ambassador to Turkey and as the country’s permanent representative to the CIS.