Avesta Investment Group Hosted Capital Markets Day 2025 in Tashkent
On October 24, 2025, Avesta Investment Group successfully hosted its Avesta Capital Markets Day 2025, bringing together leading figures from Uzbekistan’s financial, industrial, and investment communities, as well as prominent international investors.
The event took place at the Hyatt Regency Tashkent and reaffirmed Avesta’s role as one of the country’s leading investment banking firm shaping the dialogue on capital market development.
This year’s forum focused on the evolution of Uzbekistan’s equity and debt capital markets and the opportunities arising from increased investor activity and regulatory modernization. Two thematic sessions were held, dedicated respectively to the dynamics of equity financing, and to the growth of Uzbekistan’s debt instruments and investor base.
Distinguished speakers included Mansurjon Rasulev, Director of the Investment Promotion Agency under the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan; Alexei Petrov, CEO of Roemer Silk Road; Alina Sychova, Managing Director and Head of Capital Markets at Auerbach Grayson; Tamara Kakulia, Advisor to the Deputy Chairman of Ipoteka Bank (OTP Group); Mahmudali Guseynov, CEO of Oasis MFO; and Nuriddin Lafizov, CEO of Alif Moliya.
Moderated by Dimitriy Abbasov, Director of Investment Banking, and Malika Ismoilova, Senior Associate at Avesta Investment Group, the discussions focused on Uzbekistan’s growing role for regional and international investors. Participants highlighted the country’s ongoing structural reforms, the increasing interest in corporate bond placements, and the rising importance of public equity offerings as key drivers of sustainable corporate growth. The conversation also touched on the need to further enhance financial market regulation, improve accessibility for new instruments and investors, and reduce existing barriers to support the continued development of the sector.
The event gathered representatives of major local and international financial institutions, corporations, and advisory firms. Participants highlighted the importance of maintaining dialogue between regulators, issuers, and investors to ensure the transparency and maturity of the market ecosystem.
The event took place at the Hyatt Regency Tashkent and reaffirmed Avesta’s role as one of the country’s leading investment banking firm shaping the dialogue on capital market development.
This year’s forum focused on the evolution of Uzbekistan’s equity and debt capital markets and the opportunities arising from increased investor activity and regulatory modernization. Two thematic sessions were held, dedicated respectively to the dynamics of equity financing, and to the growth of Uzbekistan’s debt instruments and investor base.
Distinguished speakers included Mansurjon Rasulev, Director of the Investment Promotion Agency under the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan; Alexei Petrov, CEO of Roemer Silk Road; Alina Sychova, Managing Director and Head of Capital Markets at Auerbach Grayson; Tamara Kakulia, Advisor to the Deputy Chairman of Ipoteka Bank (OTP Group); Mahmudali Guseynov, CEO of Oasis MFO; and Nuriddin Lafizov, CEO of Alif Moliya.
Moderated by Dimitriy Abbasov, Director of Investment Banking, and Malika Ismoilova, Senior Associate at Avesta Investment Group, the discussions focused on Uzbekistan’s growing role for regional and international investors. Participants highlighted the country’s ongoing structural reforms, the increasing interest in corporate bond placements, and the rising importance of public equity offerings as key drivers of sustainable corporate growth. The conversation also touched on the need to further enhance financial market regulation, improve accessibility for new instruments and investors, and reduce existing barriers to support the continued development of the sector.
The event gathered representatives of major local and international financial institutions, corporations, and advisory firms. Participants highlighted the importance of maintaining dialogue between regulators, issuers, and investors to ensure the transparency and maturity of the market ecosystem.