/KASE, August 25, 2020/ – National Company KazMunayGas (Nur-Sultan), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with press release of August 25, 2020, which states as follows:
quote
Due to the expiry of the term of office of the existing Board of Directors (“the
Board”) of NC KazMunayGas (“KMG” or “Company”), Samruk-Kazyna’s Management Board
has approved the following composition of KMG’s Board effective from 17 August
2020:
Christopher Walton, Chairman and Independent Non-Executive Director
Alik Aidarbayev, Executive Director and Chairman of the Management Board
Tim G. Miller, Independent Non-Executive Director
Philip Malcolm Holland, Independent Non-Executive Director
Uzakbay Karabalin, Non-Executive Director, representative of “Samruk-Kazyna” JSC
Almasadam Satkaliyev, Non-Executive Director, representative of “Samruk-Kazyna”
JSC
Anthony Espina, Non-Executive Director, representative of “Samruk-Kazyna” JSC
The abovementioned directors have been appointed for a period of three years in
line with the rotation plan stated in the Fund’s Corporate Governance Code. It
should be noted that the previous composition of the board of directors consisted
of nine people. Christopher Walton, Uzakbay Karabalin, Almasadam Satkaliyev,
Anthony Espina and Alik Aidarbayev will continue their work as members of the
Board.
The Company would like to thank all the members of the previous Board for their
outstanding work. Especially Baljeet Kaur, Stephen Whyte, Philip Dayer and Luís
Palha da Silva for their contributions to the development of NC KazMunayGas.
unquote
Full version of the press release is available on the KASE website (in Russian)
at –
https://kase.kz/files/emitters/KMGZ/kmgz_reliz_250820_1.pdf
[2020-08-25]