A. Mukhamedzhanov appointed as Chairman of Board of Open Accumulative Pension Fund Otan (Kazakhstan)

27.09.10 17:39
/KASE, September 27, 10/ - Open Accumulative Pension Fund Otan (Almaty), member of Kazakhstan Stock Exchange (KASE), provided to KASE the following press-release of September 27, 2010: quote According to a decision by the Board of Directors of OAPF Otan, A. Mukhamedzhanov was appointed as the Fund's Chairman of the Board. A. Mukhamedzhanov has a higher economic education: he graduated from International Economic Relations Department of T. Ryskulov Kazakh Economic University, obtained a bachelor's degree at Nottingham University (Great Britain). Formerly he occupied various positions at KazTransOil, Aral Petroleum Capital. He is an incumbent member of the Boards of Directors of Caspian Energy Inc. TSX public co. and AsiaCredit Bank. Pension Fund Otan in accordance with the license granted by FSA independently manages pension assets. As of August 1, 2010, APF Otan is one of top five with regard to nominal income ratio. Profitability of pension assets (nominal income ratio) has made up 44.95 % APR in the past 5 years. PR Department APF OTAN A. Zenkova tel. +7 72 250 30 40 (ext. 0883) mobile: +7 701 141 99 41 zenkova@pf-otan.kz unquote [2010-09-27]