OREANDA-NEWS. March 07, 2012. Kazkommertsbank (Almaty), securities of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE  the following press release, reported the press-centre of KASE:

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Kazkommertsbank, one of the largest banks in Kazakhstan and Central Asia, announces on changes to the Management Board of the Bank with voluntary resignation of Mr. Yerik Zh. Balapanov, Managing Director, effective from 24 February 2012. At the same time, Mr. Balapanov voluntarily resigned from his position as the Chairman of the Board of Directors of the following subsidiaries of the Bank: Grantum pension fund, Grantum Asset Management, Kazkommerts Life and Kazkommert Policy.