OREANDA-NEWS. On May 28, 2008  Eurasian Bank JSC (Almaty), bonds of which are traded in the Kazakhstan Stock Exchange (KASE) category "A" official list, provided to KASE the press release of the following content, reported the press-centre of KASE:

On 22 May 2008 Eurasian Bank's Board of Directors appointed Zhomart Yertayev as an Acting Chairman of the Management Board.

Eurasian Financial & Industrial Company, being a single shareholder of Eurasian Bank, sets the mission to further develop this financial institution as a universal, efficient, competitive and open bank offering a wide range of services to a broader clientele. No doubt, this mission requires the unconventional managerial skills, constructive and creative approach and experience in the same scale projects. We are convinced that the managerial talent of Zhomart Yertayev, the new Chairman of the Board, combining those characteristics, will demonstrate the effect in synergy with strong support of the shareholder, - said Boris Umanov, member of the Eurasian Bank's Board of Directors.

I appreciate the Bank shareholder's offer to take the lead over this financial institution on the threshold of major changes. The task to make Eurasian Bank a leader of the banking sector under pressure of the economic slowdown is the serious challenge, which I'm ready to take, - Zhomart Yertayev declared.

According to the plans by the 1st of August 2008 an updated strategy of the Bank's development will be in place. It will contain a complex of tasks aimed at the financial institution's key goals' achievement including the increase of market share in all business segments, growth of assets, capital and customer base.