Subsidiary of BTA Bank joint-stock company – Insurance company London-Almaty announces changes in Management Board and Board of Directors

/KASE, August 3, 15/ – Subsidiary of BTA Bank joint-stock company – Insurance company "London-Almaty" JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... on changes in the composition of the Board of Directors of the Insurance company, namely: 1. powers of members of the Board of Directors Daniyar Amanov and Sergei Mokrousov (decision of the sole shareholder of July 31, 2015) were terminated early; 2. elected to the Board of Directors of the Insurance company (decision of the sole shareholder of July 31, 2015): Erik Balapanov – Chairman of Board of Directors and Temirkhan Suleimenov – member of Board of Directors; On a meeting of the Board of Directors of the Insurance company on July 31, 2015 a decision was taken: 1. to early terminate powers of Deputy Chairman of Management Board Raushan Saibolatova – as of July 31, 2015; 2. to terminate powers of Deputy Chairman of Management Board Asel Nurkozhaeva – as of August 9, 2015; 3. to elect Gulmira Zhumadil the Deputy Chairman of Management Board – as of July 31, 2015; 4. to elect Maxim Raspopin a member of Management Board – as of July 31, 2015. unquote [2015-08-03]