Kursiv Uzbekistan CEO Anastasia Novikova Opens Landmark Investment Conference in Tashkent
On July 1, the capital of Uzbekistan hosted the opening of the business conference Capital Market: New Opportunities for Investment, organised by Kursiv Uzbekistan. The event, streamed online via Zoom, brought together investors, regulators and business leaders to discuss the transformation of Uzbekistan’s financial landscape.
Opening the event, Anastasiya Novikova, CEO of Kursiv Uzbekistan, emphasised the importance of discussing investments during the quieter summer season.
«We deliberately chose the summer: yes, half of Tashkent is on vacation, but this is the best time to talk about investments. While you rest, your money keeps working.»
She highlighted the rapid growth of Uzbekistan’s capital market, noting that trading volume on the stock exchange surged sevenfold over the past year to $18 bn, equivalent to more than 16% of the country’s GDP.
Novikova also pointed to increasing financial literacy and changing investment behaviour among citizens:
«According to the Central Bank, more than 60% of Uzbeks saved money last year. The question now is, how to invest it wisely?»
She added that new tools are reshaping Uzbekistan’s investment landscape, from bonds and IPOs to startups and digital assets.
«The old model was simple: dollars, cars, apartments. But today, we see a growing range of investment instruments becoming available to individuals.»
Unlike traditional conferences, Novikova emphasised an informal and open format:
«We didn’t use slides or rigid presentations. This is a space for honest discussion, what’s working and what’s not.»
Conference Agenda
The program features four key sessions:
- «How to Access the Stock Market and Attract Investors» – Real case studies on capital raising via local and international exchanges.
- «Where is Investor Focus Shifting in Uzbekistan?» – Trends, capital flows, and how investor behavior is changing.
- «Uzbekistan’s Bond Market: New Investment Tools» – Why bonds are becoming a sought-after instrument.
- «Where the Money Works» – Exploring alternative assets: real estate, gold, crypto, and stocks.
Featured Speakers:
- Botir Kobilov, Professor, University of Texas at Dallas (USA)
- Vyacheslav Pak, First Deputy Director, National Agency for Advanced Projects, Uzbekistan
- Giorgi Paresishvili, Chairman, Toshkent Republican Stock Exchange
- Igor Akulov, Managing Director, Barclays Bank UK
- Dauren Sapargaliyev, Executive Director, Freedom Broker Uzbekistan
- Otar Sharikadze, Senior Advisor, TBC Bank; CEO, TBC Asset Management
The conference is supported by TVS Bank, Payme, the National Association of Investment Institutions and Universal Bank.
For more insights, follow Kursiv Uzbekistan’s ongoing coverage of Uzbekistan’s capital market transformation.
