OREANDA-NEWS. Subsidiary Bank VTB JSC (Kazakhstan) (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of decisions of its sole shareholder of October 30, 2015:

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1. Powers of a member of the Board of Directors, Maxim Korzhov, were terminated on his initiative.

2. Bayram Valiyev was elected as a member of the Board of Directors for the period until February 25, 2016 inclusive.

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