Changes in board of directors of Kazakhstan's holding Baiterek
Astana, Kazakhstan, Jan. 14
By Daniyar Mukhtarov - Trend:
Changes have been made in the board of directors of Kazakh's national managerial holding Baiterek in accordance with the decision of the only stockholder, the press service of the stock company said on Monday.
Head of the socio-economic monitoring department of the President administration Daulet Ergozhin has been elected to the board of directors.
Chairman of the National Bank, Kairat Kelimbetov and minister of regional development Bolat Jamishev have been removed from the board of directors.
There are 10 people on the board of directors. The Prime Minister of Kazakhstan is the chairman of the board of directors.
The national managerial holding Baiterek stock company was created in accordance with the Kazakh presidential order from May 22, 2013. The main purpose of this holding is to strengthen economics, attract investments, develop clusters and improve the corporative governance system in its subsidiary organizations. The Development Bank of Kazakhstan, Kazakhstan Mortgage Company, House Construction Saving Bank of Kazakhstan, Kazexportgarant, the Development Fund of Entrepreneurship (Damu), The National Agency on Technological Development, The Kazakh Mortgage Guarantee Fund, and KazynaCapitalManagement are parts of the holding.
The holding has the right to possess and use state shares of those companies.
Translated by R.A.
Edited by C.N.