OREANDA-NEWS.  Joint Stock Company 'Halyk Savings Bank of Kazakhstan' ('Halyk Bank' or 'the Bank') (LSE: HSBK) hereby announces that, starting from 2 February 2015, its Management Board has been expanded and includes two new members:

1. Mr. Yertay Salimov, has been appointed Deputy Chairman of the Management Board and elected a member of the Bank’s Management Board as per the Resolution of the Bank's Board of Directors dated 30 January 2015.

Mr. Salimov joined the Bank in August 1995 and worked in different positions, including Senior Operations Director and Treasury Director. In his new position Mr. Salimov will be in charge of the Bank’s operations activities.

2. Mr. Kuat Kusainbekov, has been appointed Deputy Chairman of the Management Board and elected a member of the Bank’s Management Board as per the Resolution of the Bank's Board of Directors dated 30 January 2015.

Mr. Kusainbekov worked for Halyk Bank from 1999 to 2009 and joined the Bank again in September 2012 as the Senior IT-Director and will be in charge of the IT-activities in his new position.

The Bank’s decision on Management Board expansion is a result of its aim to follow best international practices in corporate governance.

JSC Halyk Bank is the leading financial services group and the leading retail bank in Kazakhstan with the largest customer base and the broadest branch network. The Bank holds the first place in net income among second tier banks of Kazakhstan. The Bank is developing as a universal financial services group rendering a wide range of services (banking services, insurance, leasing, brokerage services) to its retail, SME and corporate clients. The Bank also operates in Russia, Georgia and Kyrgyzstan.