Development Bank of Kazakhstan announces changes in Management Board

/KASE, May 24, 2016/ – Development Bank of Kazakhstan (Astana, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has in an official letter informed KASE of the Board of Directors' decisions of May 20, 2016: quote Vadim Kim was appointed Deputy Chairman of Management Board of the Bank ... as of May 20, 2016 with a term of office until the expiry of the term of office of the Bank's Management Board as a whole. Composition of the Bank's Management Board after the changes is as follows: - Bolat Zhamishev – Chairman of Management Board; - Abai Sarkulov – Deputy Chairman of Management Board; - Dmitriy Babitchev – Deputy Chairman of Management Board; - Vadim Kim – Deputy Chairman of Management Board; - Askar Amirtaev – Managing director – member of Management Board. unquote [2016-05-24]