Kazkommertsbank announces changes in Management Board

/KASE, June 7, 2016/ – Kazkommertsbank (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote Kazkommertsbank says Dauren Sartayev was appointed as Managing Director of Bank and Adil Batyrbekov, Managing Director, left the Management Board of the Bank as of June 1, 2016. Dauren Sartayev will be responsible for the SME service. Before Kazkommertsbank he managed the business development at Ernst & Young, Kcell, major commercial banks Temirbank" and Kazkommertsbank. "We invited Daure Sartayev to our team to develop the SME sector being one of the key areas of the bank's new strategy. His broad track record gives us a reason to be confident that all of the tasks facing him will be successfully implemented", – said Abay Iskandirov, Acting Chairman of the Management Board of the Bank. He also expressed his appreciation to Mr. Batyrbekov, who resigned from the Management Board of the Bank but is still a Managing Director, for his contribution to the development of the Bank. "We are glad that Adil Batyrbekov accepted our invitation to stay with the Kazkom team. His extensive professional experience will ensure professional continuity and needed at the new stage of the development of the Bank", – added Mr. Iskandirov. unquote [2016-06-07]