Ramil Asadulzada
Bucharest, Romania
About Ramil Asadulzada
Ramil Asadulzada is a corporate finance executive and former CEO of SOCAR Petroleum SA, based in Bucharest, Romania. He holds a Master of Business Administration from The University of Chicago Booth School of Business, where he graduated with honors in 2021, and is a qualified member of the Association of Chartered Certified Accountants.
Over a career spanning more than 20 years, Asadulzada has worked across Azerbaijan, Turkey, Switzerland, and Romania. He developed expertise in financial analysis, International Financial Reporting Standards, risk management, internal controls, audit, corporate strategic planning, supply chain management, and budgeting and forecasting.
He joined SOCAR in 2014, serving in finance leadership roles across several subsidiaries, including as CFO of SOCAR Midstream Operations Limited and Finance Manager at the South Caucasus Pipeline Company. He also held committee seats at the Trans Anatolian Natural Gas Pipeline project. In August 2018, he became CFO of SOCAR Romania, and in January 2024, he was promoted to CEO of SOCAR Petroleum SA.
Earlier in his career, he served as Finance Manager at Pasha Construction LLC from 2009 to 2014, and as Head of Budgeting Division at Akkord Industry Construction Investment Corporation OJSC from 2007 to 2009. He holds a COSO Internal Control Certificate from the Institute of Internal Auditors and received the SAP Quality Awards Bronze Winner 2015 in the CIS Rapid Start category.
Areas of Focus
Career Background
South Caucasus Pipeline Company (SCPC)
Education
Media
Press
Awards & Recognition
SAP Quality Awards Bronze Winner 2015, CIS, Issued by SAP CIS, April 2015. Awarded for completion of SAP ERP implementation project on time and within budget at SOCAR Gas Operating Company LLC, Rapid Start Category.
Licenses & Certifications
COSO Internal Control Certificate, The Institute of Internal Auditors, February 2018.
ACCA Qualified Member, Association of Chartered Certified Accountants, UK, since April 2018.
Boards & Memberships
Member, Audit Committee, Trans Anatolian Natural Gas Pipeline (TANAP), concurrent with SOCAR Gas Operating Company role (2014-2018).
Member, Finance Committee, Trans Anatolian Natural Gas Pipeline (TANAP), concurrent with SOCAR Gas Operating Company role (2014-2018).
Frequently Asked Questions
What does Ramil Asadulzada do?
Ramil Asadulzada is a corporate finance executive and CEO of SOCAR Petroleum SA, based in Bucharest, Romania. Over a career spanning more than 20 years, he has built expertise in financial analysis, IFRS, risk management, internal controls, audit, and corporate strategic planning.
What is Ramil Asadulzada known for?
He is known for his rise from finance roles within SOCAR to becoming CEO of SOCAR Petroleum SA in January 2024, and has been featured in press coverage discussing global business leadership and ethical energy leadership.
Where is Ramil Asadulzada based?
Ramil Asadulzada is based in Bucharest, Romania.
Where did Ramil Asadulzada study?
He holds a Master of Business Administration from The University of Chicago Booth School of Business, graduating with honors in 2021, and a Bachelor of Science from Azerbaijan State Oil and Industry University.
Who does Ramil Asadulzada work for?
Ramil Asadulzada works for SOCAR Petroleum SA, where he serves as CEO.
Last updated April 20, 2026