Holding structure

AKFA Holding operates under a divisional management model, bringing together independent business units within a unified strategic platform

Together, these units form an industrial ecosystem spanning key sectors such as manufacturing, construction, healthcare, education, tourism, and finance.

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Corporate structure

The holding’s structure includes seven strategic divisions, each comprising specialized units with a high degree of technological and operational integration — from joint R&D and engineering to a unified production and export infrastructure.

Centralized strategic management enables synchronized growth across all business units, execution of large-scale investment programs, and systemic synergy between divisions.

Corporate governance

AKFA Holding’s corporate governance system is built on the principle of centralized strategic oversight with delegated operational management by domain-specific executives. This model ensures resilience, efficiency, and alignment across all business divisions of the holding.

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Jakhongir Artikkhodjaev
Founder of AKFA Holding
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Bakhodir Abdullaev
CEO
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Shohrukh Ruzikulov
CFO
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Bakhodir Abdullaev
CEO
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Shohrukh Ruzikulov
CFO

Operational management and strategy execution are carried out by division heads and leaders of key business areas, who are responsible for business development, financial performance, and the sustainability of their respective segments.

This model enables AKFA Holding to maintain a unified strategic core while ensuring a high degree of autonomy across its business units, each of which operates as a large, independent operational platform within the holding.

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Dilmurod Gaipov
CEO, Artel Electronics
Iroda Artikkhodjaeva
CEO, Tourism & Entertainment Group
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Kamran Gulamov
Rector, Central Asian University
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Sarvar Akhadov
CEO, TEXNOPARK
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Ismail Isroilov
Head of Construction and Development
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Azimjon Tursunkulov
Head of Healthcare
Rustam Abduvakhitov
Head of Way II Fund
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Dilmurod Gaipov
CEO, Artel Electronics
Iroda Artikkhodjaeva
CEO, Tourism & Entertainment Group
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Kamran Gulamov
Rector, Central Asian University
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Sarvar Akhadov
CEO, TEXNOPARK
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Ismail Isroilov
Head of Construction and Development
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Azimjon Tursunkulov
Head of Healthcare
Rustam Abduvakhitov
Head of Way II Fund

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AKFA Holding

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