OREANDA-NEWS. April 03, 2012. Joint-stock company "ATF Finance", a subsidiary of joint-stock company "ATFBank" (Almaty), a member of Kazakhstan Stock Exchange (KASE) stock market, has informed KASE that its sole shareholder (Board of Directors of JSC  "ATFBank") took the following decisions, reported the press-centre of KASE:

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1. To early terminate powers of Mukhabbat Seitova, a member of the Board of Directors of JSC "ATF Finance";

2. To appoint Pavel Reshetnikov a member of the Board of Directors (representative of the sole shareholder);

3. To pay no remuneration to Pavel Reshetnikov;

4. To set the term of office of the new member of the Board of Directors of JSC "ATF Finance" according to the term of office of the entire personnel of the Board of Directors of JSC "ATF Finance" (until the sole shareholder decides to terminate the powers).