/KASE, May 26, 2020/ – Halyk Savings Bank of Kazakhstan (Almaty), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press release of May 26, 2020:
quote
JSC Halyk Bank (hereinafter referred to as the "Bank") reports that the Annual
General Shareholders' Meeting of the Bank was held on 22 May 2020, it was
convened on the initiative of the Board of Directors and held by absent voting
without holding an in-person general meeting of shareholders (hereinafter
referred to as the "Annual General Shareholders' Meeting").
With regard to the expiration of the term of powers of the Board of Directors of
the Bank, at the Annual General Shareholders' Meeting of the Bank (minutes to
the Annual General Shareholders' Meeting of the Bank No. 43 dated 22 May
2020), it was decided to elect the following persons as members of the Board of
Directors of JSC Halyk Bank: Pavlov Alexander Sergeevich, Piotr Romanowski,
Dunayev Arman Galiaskarovich, Christof Ruehl and Franciscus Cornelis Wilhelmus
(Frank) Kuijlaars as independent directors, Yessenbayev Mazhit Tuleubekovich as
a representative of JSC ALMEX Holding Group, Shayakhmetova Umut Bolathanovna,
for 3 years. In accordance with the resolution adopted by the newly elected
Board of Directors of the Bank (minute to the meeting of the Board of Directors
of the Bank by absent voting No. 35 dated 25 May 2020), Pavlov Alexander
Sergeevich was elected the Chairman of the Board of Directors of the Bank.
Therefore, in accordance with the best international corporate governance
practices, the Bank's new Board of Directors comprises seven directors,
including five independent ones.
As of the date of the Annual General Shareholders' Meeting of the Bank, the
elected members of the Bank's Board of Directors did not hold voting shares of
the Bank and shares (stakes in the authorized capital) in the Bank's
subsidiaries.
More detailed information on the new composition of the Board of Directors of
the Bank is available at:
https://halykbank.kz/about/leadership
JSC Halyk Bank is the leading financial group and the leading retail bank in
Kazakhstan with the largest customer base and distribution network. The Bank is
developing as a universal financial group, offering a wide range of services
(banking, brokerage, insurance, leasing and asset management) to its retail
customers, small and medium-sized and corporate businesses. JSC Halyk Bank
also operates in Russia, Georgia, Kyrgyzstan, Tajikistan and Uzbekistan.
PR Service of JSC Halyk Bank
tel. +7 727 2 590 816, pr@halykbank.kz, www.halykbank.kz
unquote
[2020-05-26]