OREANDA-NEWS. KazMunaiGas Exploration Production (Astana), a company listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release dated July 1, 2009, reported the press-centre of KASE:

JSC KazMunaiGas Exploration Production ("the Company" or "KMG EP") announces that the Board of Directors has approved certain changes to the Management Board.

Following previously announced management changes at KMG EP's production divisions, Dovulbay Abilkhanov, Director of Ozenmunaigas, and Isturgan Baimukhanov, Director of Embamunaigas have become new members of the KMG EP Management Board.

The Management Board is headed by Kenzhebek Ibrashev, the new CEO of KMG EP, effective from June 1, 2009.

Kairbek Eleusinov has stepped down as a member of the Management Board.

The Board has also approved the Business Principles of KMG EP and discussed a number of issues concerning the activities of the Company.