/KASE, May 22, 15/ – Following a decision of Kazakhstan Stock Exchange
(KASE) Board of Directors of May 19, 2015, the following composition of the
Committee for Personnel, Remuneration and Social Issues (the Committee) was
appointed:
- Zh. Kurmanov, member of the Board of Directors, independent director of
Central Securities Depository JSC, member of the Board of Directors,
independent director of Integrated Securities Registrar, KASE independent
director (Committee chairman);
- A. Babaev, managing director – member of Management Board of Kazkommertsbank;
Chairman of Board of Directors of Kazkommerts Securities, independent director
of KASE (person entitled to substitute the Chairman of the Committee in case of
his absence or emergence of conflict of interests);
- E. Abdrazakov, general director of Centras Capital LLP;
- A. Joldasbekov, Chairman of the Board of Directors, independent director of
Central Securities Depository JSC.
The Committee composition is released on KASE website at
http://www.kase.kz/en/authorities
The procedure of appointment and operation of Committees of the Board of
Directors are determined by the regulations on the committees of the Board of
Directors whose text is available on KASE website at
http://www.kase.kz/files/normative_base/pol_com_bs_eng.pdf
KASE draws your attention to the fact that according to item 2 of article 14 of
the new edition of the Exchange charter, approved by a decision of the annual
general meeting of KASE shareholders in internal documents of the Exchange,
in its office documentation, correspondence and releases as the second,
equally applicable name of the Board of Directors the designation Exchange
Board of Directors (Council) can be used.
The revised text of the charter will be released on KASE website at
http://www.kase.kz/files/for_shareholders/ustav_eng.pdf soon.
[2015-05-22]