Natig Mustafayev has been appointed chief executive of Azeri oil and gas group, SOCAR's Swiss trading subsidiary, Socar Trading, "Caspian Energy Media" reports.

Mustafayev took up the position on Monday, replacing Mariam Almaszade, who has been in the role since 2018.

Mustafayev joined SOCAR Trading in September 2024 as the company's chief commercial strategy officer and previously worked at Credit Suisse and U.S. asset manager Barings.