Development Bank of Kazakhstan says A. Dostiyarov was appointed acting CEO

03.12.13 15:27
/KASE, December 3, 13/ – Development Bank of Kazakhstan (Astana, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote In accordance with a decision of the Board of Directors, Askar Dostiyarov, a managing director – a member of Management Board of National managing holding Baiterek (hereinafter – the Holding), as of November 26, 2013 was appointed acting Chairman of the Bank's Management Board. In accordance with the decision of the Holding's Board of Directors, Askar Dostiyarov will combine the mentioned positions. Additionally we inform you that in accordance with decision No. 15/13 of the Holding of November 26, 2013 authorities of Askar Dostiyarov as a member of the Bank's Board of Directors were early terminated. unquote [2013-12-03]