KASE ELECTED THE NEW PRESIDENT – MAKSAT KABASHEV

Following the decision of Kazakhstan Stock Exchange (KASE) Board of Directors dated March 05, 2014 Maksat Kabashev was elected as the new president of KASE for the period of three years. Prior to being elected as President of KASE Mr. Kabashev was CEO of JSC “Alliance Bank”, Chairman of Management Board of JSC “Distressed Assets Fund”, Chairman of Management Board of JSC “Investment Fund of Kazakhstan”, Deputy Chairman of Management Board of the Sustainable Development Fund JSC “Kazyna”, and held executive positions at Kazakhstan’s Ministry of Industry and Trade and JSC “National Innovation Fund”.