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KazTransOil elects new board of directors

Business Materials 4 February 2016 10:38 (UTC +04:00)
Changes in the composition of the board of directors of Kazakh oil company KazTransOil JSC have taken place
KazTransOil elects new board of directors

Baku, Azerbaijan, Feb. 4

By Elena Kosolapova - Trend:

Changes in the composition of the board of directors of Kazakh oil company KazTransOil JSC have taken place, the press service of the Kazakh company reported.

Daniyar Berlibayev has been elected as new chairman of the board of directors of the company, the press service said.

Earlier it was reported that on January 29 KazTransOil JSC held the extraordinary meeting of shareholders where the powers of members of the board of directors were early terminated. The new composition of the board of directors of the company was approved at the meeting as well.

Based on the resolution of the extraordinary meeting of shareholders Daniyar Berlibayev - Deputy Chairman of the Management Board for Corporate Development of KazMunayGas JSC, Ardak Mukushov - Director of Department for International Contracts of KazMunayGas JSC, Nurtas Shmanov - General Director of KazTransOil JSC and independent directors - Luis Coimbra, Serik Primbetov and Fernando Machinena were elected to the Board of Directors of KazTransOil JSC.

KazTransOil is a largest oil pipeline company of the Republic of Kazakhstan, which provides services on oil transportation on the domestic market and for export.

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