Kazkommertsbank announces changes in Management Board
31.05.16 17:48
/KASE, May 31, 2016/ – Kazkommertsbank (Almaty), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE
with the following press release:
quote
JSC Kazkommertsbank (KKB, the "Bank"), one of the largest banks in Kazakhstan
and Central Asia, announces further changes to the Management Board of the
Bank. Mr. Sergey Yeltsov has been appointed as a Managing Director of the Bank,
while Mr. Alen Shayakhmetov, Managing Director of the Bank, resigned from the
Management Board effective from 30 May 2016.
Mr. Yeltsov will supervise legal, compliance and HR functions as well as
corporate secretary service. Prior to KKB, Mr. Yeltsov held positions of CEO at
JSC Investment Fund of Kazakhstan, Deputy CEO at JSC BTA Bank, Managing
Director at JSC Alliance Bank, and other key management positions in a number of
companies in financial and industrial sectors.
Mr. Abay Iskandirov, acting CEO of the Bank, commented:
"We invited Mr. Sergey Yeltsov to join our team to supervise KKB's legal
function as well as to support initiatives of the Bank in the international
area. I believe that Mr. Yeltsov will use his expertise in areas he has been
entrusted with".
Mr. Iskandirov has also expressed gratitude to Mr. Alen Shayakhmetov for his
contribution to the development of the Bank. Mr. Shayakhmetov will continue to
work in KKB as an Advisor to CEO.
"We are glad that Mr. Shayakhmetov has accepted invitation to continue working
with KKB, and we are confident that his extensive experience and expertise will
be demanded in his new capacity".
unquote
[2016-05-31]