OREANDA-NEWS. November 18, 2010. The Regular Meeting of the Board of Directors of JSC BTA Bank and Committees under the Board of Directors was held in Almaty.

Members of the Board of Directors representing Creditors, NWF “Samruk-Kazyna” as well as independent directors took part in the meeting.

During the meeting the Board of Directors has considered, discussed and taken resolutions on issues related to asset recovery work, loan portfolio restructuring, and issues on related interested transactions, as well as has taken decisions on subsidiaries’ activities. Besides, in order to implement the Restructuring Plan, the Board of Directors has taken decision to establish Asset Recovery Committee under the Board of Directors.

Asset Recovery Committee under the Board of Directors of JSC BTA Bank

Chairman of the Committee:

Christoph Schoefboeck

Members of the Committee:

Maarten Leo Pronk

Konstantin Korishchenko

Anvar Saidenov

Nickolay Varenko

Sergey Yeltsov

Next regular meeting of the Board of Directors as scheduled to be held on 25 November, 2010.