Born in 1972. Graduated from the Moscow State Institute of International Relations (MGIMO) with a degree in international economic relations and from John F. Kennedy School of Government, Harvard University, with a master’s degree in public government.
Since 1995 held various positions at the Central Bank of Azerbaijan Republic. He held the position of the Executive Director of the State Oil Fund of Azerbaijan in 2006-2019.
Since November 29, 2019, Mr.Movsumov is the Assistant to the President of the Republic of Azerbaijan - Head of the Department of Economic Issues and Innovative Development Policy of the Presidential Administration of the Republic of Azerbaijan.