OREANDA-NEWS. ForteBank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provied KASE with the following press release of the decisions of its Board of Directors:

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... of the termination on December 25, 2015 of powers of Timur Issatayev as the Chairman of the Management Board. T. Issatayev will continue to manage the bank's operations as a member of the Board of Directors. At the same time, it was decided to appoint Talgat Kuanyshev as the Chairman of the Management Board who previously held the post of the First Deputy Chairman of the Management Board.

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The full version of the press release is available on KASE website in Russian at http://www.kase.kz/files/emitters/ASBN/asbn_reliz_281215.pdf