As of March 31, powers of Chairperson of KASE's Management Board A. Aldambergen are terminated ahead of schedule following her own initiative

/KASE, March 7, 2025/ – Following a decision of the Board of Directors of Kazakhstan Stock Exchange (KASE), the powers of Alina Aldambergen as the Chairperson of KASE's Management Board are terminated early on March 31, 2025, at her own initiative. A. Aldambergen was elected the Chairperson of KASE's Management Board on February 9, 2016. Before this appointment, A. Aldambergen had extensive experience in the financial sector, including positions in regulatory authorities and on KASE's Board of Directors. Under Alina Aldambergen's guidance, KASE underwent significant advancements, launching new information systems, innovative tools, and expanding its business operations. Notably, the shift to updated trading systems was implemented, and the largest IPOs in the nation's stock market history were carried out on KASE. The exchange turnover across KASE markets rose by more than four times. A key advancement in the market infrastructure during Alina Aldambergen's tenure was the establishment of clearing services and central counterparty functions, initially within KASE and later developing into a separate organization. A. Aldambergen is recognized as one of the most reputable experts in the stock market. For her considerable contribution to the financial market's advancement, she was honoured with the "Qurmet" order. The Board of Directors, the Management Board, and employees of KASE extend their gratitude to Alina Aldambergen for her valuable contribution to the development of the financial market and KASE's operations. [2025-03-07]