/KASE, August 1, 2017/ – Kazkommertsbank (Almaty), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), today provided KASE
with the following press release:
quote
The Board of Directors of JSC Kazkommertsbank (hereinafter – "KKB" or the
"Bank") during its first meeting held on 31 July, 2017 has unanimously voted to
nominate Mr. Arman Dunayev, Non-executive Independent Director, as a
Chairman of KKB's Board of Directors.
KKB's Board of Directors composition has been approved by the Bank's extraordinary
general meeting of shareholders on 31 July, 2017. Mrs. Saule Kishkimbayeva,
Mrs. Aliya Karpykova (representative of the majority shareholder), Mr. Azamat
Dzholdasbekov (Non-executive Independent Director), Mr. Askar Yelemesov
(Non-executive Independent Director) and Mr. Ulf Wokurka (the Bank's CEO) have
joined the Board of Directors together with Mr. Arman Dunayev.
"It is a great honor and to a certain extent a professional challenge to chair
the Board of Directors of one of the systemically important banks in the
country. The support rendered by the Government and change of the major
shareholder of the Bank helped to solve the most of the legacy problems. There
are important tasks we need to address: the corporate governance of Kazkommertsbank
shall be adjusted to best international practices and standards applied by Halyk
Group and the new development strategy of the Bank shall be designed and
introduced", – commented Mr. Dunayev.
Arman Dunayev is an experienced financier and holds a Ph.D. degree in Economics.
He has an extensive expertise in working both in public and private companies.
He is a Non-executive Independent Director in the following companies of Halyk
Group: Halyk Bank of Kazakhstan, Halyk Finance and Halyk-Life. Mr. Dunayev
chairs the Board of Directors of Altyn Bank (Subsidiary Bank of Halyk Bank of
Kazakhstan).
For more information about the KKB Board of Directors, please visit KKB's
corporate website:
http://www.qazkom.kz/about-kazkom/board-ofdirectors
unquote
[2017-08-01]