Fuad Musayev was born on April 28, 1977, in Baku. In 1994, Fuad entered the International Economic Relations and Commerce department of the Azerbaijan State University of Economics, graduating in 1998 with a major in International Economic Relations.

Fuad began his career in 1998 as a project coordinator in the agricultural project implemented by the Dutch government in Tovuz region. In 1999-2000, he worked as a logistics coordinator at "Garadagh Cement" OJSC, and then as a deputy director of sales, marketing and product release and head of the sales department. In 2003-2004, he moved to "Azpetrol" group of companies as a project manager.

From early 2005 to January 2006, Musayev provided consulting services on business management and managed a consulting firm "MA Servis". From February to December 2006, Musayev worked as a business development manager at ACE Forwarding Caspian. In 2007-2009, Fuad Musayev joined the "MP Group" company as the deputy director, and in 2009-2010, he worked as the general manager of the "CNIM Azerbaijan" LTD company.

Starting January 3, 2011, Musayev was selected as an executive member of the Board of Directors of "Norm" LLC. From May 1, 2013, to July 28, 2023, he worked as the Chief Commercial Director of "Norm" OJSC.

By the Decree of the President of the Republic of Azerbaijan Mr. Ilham Aliyev dated July 28, 2023, Fuad Musayev was appointed as the vice president of the State Oil Company of Azerbaijan Republic.