Tengri Bank announces changes in the makeup of its Board of Directors and Management Board
/KASE, June 14, 2019/ – Tengri Bank (Almaty), whose securities are officially 
listed on Kazakhstan Stock Exchange (KASE), has informed KASE as follows:

quote

On June 11, 2019, the Bank's Board of Directors held meeting in New Delhi, India. 
Following the meeting, the members of the Board of Directors made the following 
decisions:

1. to elect Yerzhan B. Shaikenov the chairman of the Bank’s Board of Directors.

2. to appoint Dinesh Kumar the chairman of the Bank’s Management Board.

3. to appoint Mukhtar A. Bekkali the deputy chairman of the Management Board and 
   a member of the Management Board.

The Bank's Board of Directors comprises three independent directors and has the 
following members:

- Yerzhan B. Shaikenov, chairman of the Board of Directors;

- Lovleen Kumar Malhotra, a member of the Board of Directors;

- Kalia Subhash Chander, a member of the Board of Directors and an independent 
  director;

- Olzhas K. Kurmanov, a member of the Board of Directors and an independent 
  director.

- Baurzhan T. Nugymanov, a member of the Board of Directors and an independent 
  director.

The Management Board has the following members:

- Dinesh Kumar, the chairman of the Management Board;

- Bakhtiyar A. Ilyasov , deputy chairman of the Management Board and a member of 
  the Management Board;

- Mukhtar A. Bekkali, deputy chairman of the Management Board and a member of the 
  Management Board;

The change in the management of the Board of Directors and the Management Board 
of the Bank is carried out as part of the implementation of the Bank's approved 
development strategy aimed at strengthening market positions while maintaining a 
high level of quality of assets.

unquote

This information is available (in Russian) at –  
http://kase.kz/files/emitters/DNBN/dnbn_reliz_140619_1.pdf

[2019-06-14]