OREANDA-NEWS. Development Bank of Kazakhstan JSC (Astana, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:

"... In accordance with decision No.02/15 of Management Board of National managing holding "Baiterek" JSC dated January 26, 2015 Marcia Elizabeth Christian Favale was appointed a member of the Board of Directors, independent director of Development Bank of Kazakhstan JSC with a term of office until the expiry of the term of office of the Board of Directors of Development Bank of Kazakhstan JSC as a whole from January 26, 2015.

The same decision determined the composition of Board of Directors of Development Bank of Kazakhstan JSC in the number of 7 (seven) persons".