OREANDA-NEWS. Corporation Tsesna JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:

"... of the member of the management body of the company who concurrently  holds another managerial position (managing body) at a different legal entity:

1. Full name, position at Corporation Tsesna JSC – Mr. Dauren Zhaksybek, the Chairman of the Board of Directors of Corporation Tsesna JSC;

2. Legal entity name (as well as position), where Mr. Dauren Zhaksybek works concurrently – Tsesnabank JSC, the Chairman of the Board of Directors;

3. Date of appointment – December 14, 2015;

4. Powers and duties at Tsesnabank JSC – decision making on issues that in compliance with the laws of the Republic of Kazakhstan, the Charter and other documents of the Company are related to the Board of Directors' competence.

The information is provided in connection with the appointment of Mr. Dauren Zhaksybek from position of the member of the Board of Directors of JSC Tsesnabank to the position of the Chairman of the Board of Directors of Tsesnabank JSC".