President’s daughter appointed first deputy head of the country’s largest commercial bank

Asia-Plus

Zarina Rahmon, the daughter of President Emomali Rahmon, has been appointed the First Deputy Chairperson of Orienbonk, the largest commercial bank of Tajikistan.  

Prior to this, she had served as deputy head of this bank since 2017. 

Zarina Rahmon has reportedly studied in the United Kingdom.  Her name first appeared in the Tajik media in 2010, during a two-month stint as a newscaster in state television’s English-language program, at the age of 16.

Tajik President Emomali Rahmon has nine children:  seven daughters and two sons.  Zarina Rahmon is his sixth daughter. 

President’s oldest daughter Ozoda Rahmon is the head of the President’s Executive Office, his third daughter Rukhshona Emomali is Tajikistan’s Ambassador to the United Kingdom, and his oldest son Rustam Emomali is the Mayor of Dushanbe also Chairman of the Majlisi Milli (Tajikistan’s upper chamber of parliament).

According to the list of Orienbonk’s managers posted on Orienbonk’s official website, Mahmadamin Mahmadaminov and Ilhomjon Rajabov are acting deputy heads of Orienbonk. 

Recall, Mahmadamin Mahmadaminov was relieved of his post of Tajikistan’s Permanent Representative to the United Nations in 2021.  

Open Joint-Stock Company (OJSC) Orienbonk is Tajikistan largest commercial bank.  It was established as the Tajik branch of Stroybank of the former Soviet Union in 1959, and it initially specialized in financing the manufacturing, transportation, communication, government and public organizations and individuals.  In the late 1980s, Stroybank and Gosbank were reorganized and the Republican Gosbank and universal specialized banks, including Tajikpromstroybank (state-run commercial and construction bank), were established on their base.

In 1991, Tajikpromstroybank was reorganized into a stock company, and on December 29, 1991, it was reorganized into a Manufacturing-Construction Bank Orienbonk.  It was registered with National Bank of Tajikistan and owns license №1.  On April 5, 2002, the Joint-Stock Manufacturing-Construction Bank Orienbonk was renamed and registered as OJSC Orienbonk.

Headquartered in Dushanbe, Orienbonk has twenty-seven branches in all regions of the country. 

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