New composition of Board of Directors Audit Committee appointed

22.05.15 19:02
/KASE, May 22, 15/ – Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of May 19, 2015 the following composition of the Exchange Board of Directors Audit Committee (the Committee) was appointed: - M. Tashmetov, Chairman of Management Board of Qazaq Banki, KASE independent director (Chairman of the Committee); - 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 (person entitled to substitute the Chairman of the Committee in case of his absence or emergence of a conflict of interests); - E. Abdrazakov, general director of Centras Capital LLP. 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]