OREANDA-NEWS. September 26, 2011. Kazkommertsbank (the “Bank”), one of the leading banks in Kazakhstan and Central Asia, announces that the Board of Directors of the Bank has elected Mr. S. A. Akhanov as Deputy Chairman of the Board of Directors of the Bank. The shareholders of the Bank elected Mr. Akhanov as an independent director of the Bank, reported the press-centre of Kazkommertsbank.   

Mr. Akhanov, born in 1951, is doctor of economics and professor. He has an extensive experience working in various positions in public and private sector. He worked at the Council of Ministers of Kazakh SSR (1990-1991) and President’s Office (1991-1993). He held positions of the Minister of Economy (1993-1994 and 1999-2001), the First Deputy Chairman of Eximbank Kazakhstan (1994-1997 and 2001), Deputy Governor of the National Bank of Kazakhstan (1997-1999), and the Vice Minister of Finance (1999). In 2002-2003 Mr. Akhanov acted as a member of the Board of Directors of Kazkommertsbank. In 2001-2002 and 2003-2004 he was an advisor to the CEO of Kazkommertsbank. Mr. Akhanov is Chairman of the Council of the Financiers’ Association of Kazakhstan.

As a result, the Board of Directors of Kazkommertsbank has the following structure:

Shareholders and representatives of shareholders:

1. Mr. N.S. Subkhanberdin – Chairman of the Board of Directors

2. Ms. N.A. Zhussupova, CEO

3. Mr. A.P. Vosgimorukian

4. Mr. M.S. Yerzhanov

Independent directors:

1. Mr. S.A. Akhanov, Deputy Chairman of the Board of Directors

2. Mrs. G. Buyske

3. Mr. S.V. Shibaev